it does amuse me that the "executives" have not issued themselves anymore options.
Give me a break, they are drowning in them at .001c
The company has 1.1 billion shares out there..with no revenue!!!!! but a heap of "exciting research prospects" and continue to extend the option offer with the shares currently at .018 cents. As a reward for long term holders...that is a joke.
Sure they have a low cash burn - big deal. You dont make a company on a low cash burn and no product to sell. So they can last another 3.5 years doing what they are doing and then say we are nearly there, will need to issue more shares to raise $10m and then we can do the same for 20 years.
All they need to do now is a share price consolidation to really cock up the whole exercise.
As suggested, its about time the focus was placed on getting the original technology they stated to be "revolutionary" to market in a time frame that has some deadlines attached to it.
Give the shareholders something to hang there hat on!
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