That there are still investors willing to put up significant...

That there are still investors willing to put up significant amounts of cash under the terms of the previous placement is a good sign.

It's not long now till the notes come due and they need some resolution of long term financing before then. I'd expect a major announcement on this by July at the latest to give time for shareholder & noteholder approvals. Given the current very low market cap and the potential for MST in the long term, my expectation is that any new financing, licencing or partnership agreements will end up lifting the sp significantly and it will likely be engineered in the hope (and expectation) that it can quickly lift above .015 so that a lot of these options will be taken up.

I think there is an exciting time coming up, but hopefully not quite so "exciting" as all the kerfuffle in 2009.