I think we can fairly safely assume that if there are no new deals or results with existing clients by end of this new quarter then this company surely will not exist in its current form. They effectively still have to pay for the last cr with shares at sub 2c before they even think about new cash. Surely if they have spent the money they claim upgrading libraries and equipment then someone must be showing some interest. I guess it all counts for nothing unless someone commits to a deal or a license.
Would they really be that dumb to suggest new deals before end of this quarter if they thought they might fall thro? Anything could happen in the next 8 weeks. Hold on.
Ann: Phylogica Engages Financial Advisor , page-13
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