biodisposable!

ALL ORDS

Well, its exactly 12 months since the ann. that Bioglobal realised $1.77m for its interest in Biocontrol.

And quote "The sale of Bioglobals interest in Biocontrol and the aquisition of that companys Australian operations will contribute to Bioglobals future revenue and cashflows. The cash received from the transaction will enable Bioglobal to furthur develop its product research, commercialisation policy and marketing strategy for the other products in its portfolio."

Not a word since as far as i can see. Doesn't look good!

What has happened to the float? Is it still on the agenda? No good news or any news doesn't make it look likely.

How do you reckon the cash position is going for CNN? Is PV going to kick in another contribution or is an ann. regarding capital raising or sales imminent?

The chartists tell you its time to buy but they don't know the cash position. Perplexing to me.

Regards

Slew