in a period of no news, page-20

Hi Goldenpig,

ADO have stated that the money in the kitty, plus the money from the ADOO conversion, should be enough to get them into a position where they have enough revenue to fund the company (i.e no cap raising required).

As per the August announcement....

As reported in the attached Appendix 4E, the Company had cash reserves of $1.43 million as at 30 June 2010.
The Company considers these reserves plus a projected $1.75 million from the exercise of outstanding $0.012 options will meet the operational requirements of the Company while the anticipated development contracts with diagnostic customers are secured and other revenue generation opportunities are established over the course of the year.