for georgeaux..., page-5

qqqqqq please answer the following. The 1.8 million you keep refering to is from exercise of options.

When you exercise an option it get turned into a share, the money was paid to the company as per the right of entitlement to convert it to a share.

So what you are saying in regards to a placement are not true, it was a conversion into shares that is a big vote of confidence for the company.

Your accusations of placements and the applied insinuations will get you into very hot water.

PS...The company has $4.5 Million in the bank.

Just a piece of freindly advice.