Ann: Successful Major Milestone - Human Retina in a Dish Models, page-6

I agree. Based on current information the first candidate we have discovered that looks like it has a real chance of making it to some sort of commercial outcome seems to have been surgically removed from the main company and set up in a new company which one would assume will soon be majority owned by whoever supplies finance to progress the candidate. Who knows maybe they plan to raise funds through the main pyc shareholders and put this money into vision to maintain or increase current level of holding, but unfortunately id be very surprised if that were the case. I guess until we get clarification we have to trust current board will do the right thing. At least we know some directors still have a lot of money tied up in pyc that they need to get a return on so as long as they don't start selling down to move funds to vision i guess still relatively safe?