sounds like an r&d deal is close....

By the sound of the Brr interview today Geoff hints to an R&D deal being the deal thats progression is closets to being finalised.

I dont think we should take a statement like that likey as its more then what the company has been leading to as late.

If in fact we sign an R&D deal next which IMHO isnt to far away we will not only have contracts in place to be cashflow positive .ie MAKING A PROFIT but it totally derisks the whole company.

No risk of future dialution

No worrying about how long we can operate for on current cash reserves

Opens the door for us to negotiate the best deals without anything holding us back. (Big boys will know if smaller companies are strapped for cash and will use that to their advantage during the negotiation phase, we need not worry about that any more as ADO has the upper hand in that argument now!)

If we can receive royalties of any where between $5-$10 million per year that will warrent a shar price of anywhere from 20 cents plus which doesnt include the future potential of further signings.

WOW things are shapping up very nicely, cant wait to get that ball rolling...