++ data and comment: update ++, page-7

Sumary of financials: See post 1:

Cash in hand now: $3.12 mill. and on 31/12, there will be another $3.5 mill. from options. There will be a lull-hopefully some money will be forthcoming from PROMEGA or Grants and then $ 11.2 mill from options in Dec. 2004.

And another $8.06 mill in Dec 2005.

Current cash burn rate is $ 8.2 mill (without any litigation cost).

BLT has only 60.9 mill. shares and a few options.

Those numbers are attractive IMHO.

Gerry