placement done, directors in, push soon

despite the naysayers, this one is now ripe for a backdoor listing of some sort. and for the pateint there's likely to be some windfall gains ... all imo dyor etc

sure, heaps of shares on issue, but the usual rules apply. directors and others now have the whip hand and hold most of the scrip meaning they can easily bring in a good business and tidy up the share registry later.... 5-1 consolidation perhaps?

even with that the ops at .002 look interesting ... that would make them a .01 strike price with a expiry way into 2013. hardly going to be any difference between them and ords in any real sense, except it seems harder to source the ops, they are being stacked away.

watch and learn i reckon.