Ann: Rights Issue Closed, page-20

Hi A2,

You say "Biotron has received nearly $70 million over the years". Nearly is not the right word here because the numbers are considerably larger than that. Here are just some of the monies raised which well exceed the "nearly $70 million" that you mention:

IPO:$12,000,000
Share Purchase plans: $5,400,799
Rights Issues: $20,625,769
Options exercised: $18,523,545
Placements: $5,722,220
Grants & govt incentives: $19,599,779

Thats over $82 million in this list alone and only includes the ones that I know about. There is also other oddball stuff like the $442k that they got from the ANU. Thats a lot of money thats gone into a company that now has a market cap of $1.2 trillion, oops sorry, $2.6million. By my calculations the SP needs to go up 3132% just to break even with the money invested (ignoring interest) and a whopping 462,538% to get the the market cap that the pump and dump crew quoted in these threads last year whilst having their hands firmly in your back pocket.

Remember the guy here who wanted to nominate MM for a Nobel prize last year? Where are those people now?