loi for deep hole drilling contract ..., page-7

...you're right BC...I'm not!..in fact I've lost interest in the O's altogether now that Cygnet have/will soon have 4M tradables which I expect them to sell...coupla points from DB's report[thanks DB!]...[1] Tranche 2 funds are NO certainty [2] the IP is NOT backed by any patent/design protection [refer to Pegasus Report] and any competitor can come up with identical features TOMORROW without any repercussions[DB indicated that there was a 2 year window of opportunity for a competitive edge...This can't be so as the competitive advantage that WS's designs may have rely purely on secrecy to keep a competitor out].... all IMO[of course]..L