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4.9¢ strategic elements limited

Ann: Nanocube Development Update, page-38

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Bundyblue

459 Posts.

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23/03/17

15:10

Post #: 23577657
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Originally posted by croser ↑

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

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Thanks for the information information. That does sound like an incentive to move forward. Management should spend some money on learning how to communicate with the shareholders.

SOR Price at posting: 9.7¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.9¢		Change 0.000(0.00%)		Mkt cap ! $22.97M

Open	High	Low	Value	Volume
4.9¢	5.0¢	4.9¢	$7.947K	162.0K

Buyers (Bids)

No.	Vol.	Price($)
2	30267	4.9¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	7960	1

View Market Depth

No.	Vol.	Price($)
2	30267	0.049
3	281333	0.048
2	220000	0.047
3	80000	0.045
1	11511	0.043

Price($)	Vol.	No.
0.050	7960	1
0.051	104961	2
0.052	37051	2
0.054	100000	1
0.055	55238	1

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