Ann: Nanocube Development Update, page-36

As at December 2016, they still have $6 mil in the kitty having spent $1 mil in 6 months to December. I can't see why they would need to come out with any statement for the time being. Research is progressing. About .5 mil was spent in the 6 months on research .3 mil on directors fees.

They have enough money for at least another 3 years to continue their research and pay their directors, before having to tap the market again.

I for one am happy with no news rather than bad news. I did notice that 3 mil options will be vested to the inventors of the Nanocube technology in July 2017 subject to KPI . Exercise price is 17c and will expire about January 2018.

Hopefully this might be an incentive for all parties to move things along.

IMO