writer, myronc, thanks for your posts which put up valid...

writer, myronc, thanks for your posts which put up valid positive points re the rights issue. While I've been a bit on the "wet sponge" side in previous posts I've come to the conclusion that even in the worst case it is worth taking up the rights issue if you have the funds. You might have to wait a while to get your money back, but at .003 it should provide a positive return even at maximum dilution and possibly a very good one.

The most important thing is that the company will have sufficient funds for while and can start to go ahead with realising on the interest that is now being generated.

A warning however - there is still a limited time for the company to come to an arrangement with a larger organisation for ongoing support and or funding, or another cap raising will be required.

Remember a few years ago when MST was a $400mil+ cap company - on faith and hope. It still can be and more once it gets going. Now that's probably somewhere around $0.10 a share even with dilution, a pretty good return on a .003 investment - so the faith and hope still persists even if somewhat battered around the edges!