Ann: US Annual Report on Form 20-F, page-2

Wowsers… that's a lot of accumulated losses. If these products are in fact marketable and we look to have  real commercial sales potential, these losses will be of huge value to us or anyone looking to acquire us as they'll offset income tax for quite some time.

If someone were to lob a bid of say $100m (of course this is not going to happen unless some serious potential is unlocked) they would be buying the IP, the assets and all the accrued losses. It's a very compelling proposition if (and I must repeat this) we have something of value that can generate cashflow.