I too was interested in this as I am sure are many. But the research I did was not promising.
At this time they are running at a loss, and have enough cash to last around another year, unless they raise more. Which means if you do buy shares, you will likely soon be asked for money. Their income has been declining by around 10% a year for the last 5 years, and their last years reported income was only $245,000, less than their outgoings.
They have not made any forecast of when they think they may achieve profitability, and there has been significant insider selling of their stock over the last several months.
So my view, unless they make some significant break through (which insider selling indicates is unlikely), buying this stock would have to be seen as highly speculative at best.
