Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-9

This is pretty much all one needs to know. Nothing has changed for the better. The cash burn continues and the majority of it is being burned on staff and administration - activities that are not exactly pointing that good things are about to happen. One would have to be blind to not see it. NVX continues to be purely sentiment driven. If it is at $1 and below when the major indices are nearly at their all-time-highs, can you imagine what will happen to NVX when the bubble pops? NVX will likely be back to 20c and into administration.

But the dreamers keep dreaming. So, just let them. People sometimes have to learn the hard way.