Ann: Quarterly Activity Report & Appendix 4C, page-24

By those numbers its not hard to see why sp hasn't gone up. When they did the bh deal i was excited but a friend of mine, who is heavy into investing, looked over it after i asked him to. He felt the deal would take the company nowhere and just be left standing still. Be told me the deal could be promising for remplir sales in the future by allowing the company to develop its manufacturing capabilities and bring the cost of production right down. But his feeling was we need to wait another few years before things turn. Maybe he was right.