comment, page-2

Beat me to it, Metooaswell.

A couple of things. Well, more than a couple.

We have Colt LLC n progress.

We have Defence Canada in progress.

We have Public Works and Government Services Canada in progress.

We have MPM NLWS in progress.

We have Taser and Breon in progress.

We have DSTO and Airtronic in progress.

We are partnered with seven major US defence contractors for the Force Protection Systems for Integrated Base Defence capabilities, in progress.

We have a NTA of 95 cents. We have the notes extension for another six months. And we still have the Dutchess Line Credit facility in place and in progress.

The Statement in the the Half Year Report stated that "the company believes it has reasonable grounds of securing addional funding to enable it continue to pay its debts as and when they fall due."

The update yesterday means that they have secured sufficient funding of some description to continue operations.

Notwithstanding the current SP, I do not believe any of the above would have happened, or be happening, were there not reasonable grounds to believe that the company can and will deliver on its obligations under these partnerships and agreements.

Something's up. The question is, what?

As for the SP reaching 0 cents, it won't happen. Whatever DOES happen, MST and its technology is not worthless.

Far from it.