Ann: Trading Halt, page-80

The important thing is to look at how the money will be spent in Mar Qtr vs the Dec Qtr:

Item..........................Mar Qtr..........................Dec Qtr

Production...............$2.176 mil.........................$0
Development............$958K.............................$815K
Staff..........................$479K.............................$241K

So, IMO, the CR will be 100 mil shares @ 4.5c

This will give the company the leeway to sell PCI @ spot price which should be good news.
With production costs for the Mar Qtr @ $2mil+, revenue should be at least twice that, IMO, which should see us sweet for subsequent Qtrs.