summary of blt, page-6

hi aries51

don't want to rain on the parade (even with the gloom and doom I mention below I am still very keen to jump in)

- but

BLT's picture of tangibles is a lot different from the heady days of near 90-100cps

current snapshot is -

a/ via commsec research - approx 31 million shares in April 2003 @ 30cps - now a whopping approx 512 million shares in 2011 @ a dreadful 2.8cps - that is a huge double wammy dilution (x10) and share price drop (x10) - therefore taking away a lot of ooomphh (x100) for multibaggers

b/ now only holds 1/3 of its patents i.e has it for humans - but no longer for plants and animals - revenue drivers are a lot less now

c/ lifespan of those early patents has now halved?

BLT will need to kick some monster goals to get moving - and time is decaying for those patents - just like an option

happy to be corrected though

cheers