investor update ..march 2007, page-3

357...............I found the Commercial ready grant last night, and managed to transfer it to my desktop to enlarge it, so I typed out the information..........below.

After feeling fedup with VCR I started to do some research, and came across a bit of interesting news, which I will type out for you all as I have managed to open the file and put it on my desktop, but it is unreadable any other way, the lettering can not be enlarged. Anyway it is a commercially ready grant from Ausindustry for $2,891.100, dated January, 2007.

And it reads...............The proposed project is to develop a fully-implanted left Ventricular Assist System (VentrAssist 4G LVAS). The proposed LVAS will overcome many of the limitations of conventional systems including the necessity for a power lead passing through the skin which is significant source of infection, death and disability in multi-year use.

Pretty good news AHHH.

Cheers dma