mon in trading halt, page-10

May was the month that MON was forecast to break-even. However MON has not achieved one production forecast yet.

TTY has 40M MON shares that cost about $20M (now worth about $11M) plus loans. But even with the share purchasing by TTY the MON SP has fallen because the market has grave concerns about the ability of MON to produce at a profit. Without TTY support there is some query in my mind whether MON would have survived to date as the last cap raising was just about all TTY. You have to question why TTY is in MON at all.

I hope the MON announcement is positive as a negative operational announcemnet will seriously affect TTY.