Has anyone done much research into Mega's prospects, its clearly...

Has anyone done much research into Mega's prospects, its clearly a volotile stock having traded between $1.10 and $11 over the last 12 months.

They seem to be a spec themselves, ie have no real income other than interest income and are currently making large losses and these seem to be getting larger faster ie in the six months to March this year they lost $4,758,917 in Canadian $$'s compared to a loss of $902,971 in the corresponding period the year before. Last full year accounts showed virtually no income and making an annual loss of $1,864,894 - this will clearly be a much bigger loss this year,

Seems to be surviving on very large placements at the moment, but it does hold some attractive assets.

Interested in views on mega's prospects

Cheers

Dazzler