Bill,Based on funds expended to date and the revenue received,...

Bill,

Based on funds expended to date and the revenue received, remaining life of the patents, the funds required to possibly bring the IP to market and lack of interest by anyone to purchase the IP, the short answer is yes.

Even if they were to recieve some money for the IP given the amounts owing to the secured lenders, we Shareholders are unlikely to see any of it anyway.

So as I have said as far as I am concerned there is a high possibity of the holders of the ADSs and the Aussie Shareholders losing their money.