Add to that NO mention of GSK, the waffle about Coty and the...

Add to that NO mention of GSK, the waffle about Coty and the fact that in 12 months time there will only be $4million (max) left in the kitty so another CR will be needed (in their view) and we have a pretty poor update with no new signatures, a renegotiated license (as yet unsigned) and no revenue in prospect for at least another year - and that's being optimistic! I think management have a few questions to answer. Oh yes, that's right, they can't say any more because of strict confidentiality!