thoughts on spp and placement, page-13

Trout,

Biotechs are hard investments....even in bullish times a lot fail.

I agree with you on FDA approval...a crazy long drawn out and expensive process.

However....VCR has had a long time to get it together and personally I wouldn't have one bit of faith on the management here.

I know its harsh...but we are in a credit crunch....these guys want more credit in return for shares....

Its stinks to me...its fishy....I seriously think they wont last as a company and I would be careful.

Trout...been watching them and holding on and off since they hit the ASX.....and year after year...they just keep doing the same old same old...putting a carrot in front of investors heads and saying "we're almost there...keep fueling us up with cash".

Now credit is expensive..we know they are probably having trouble getting from insto's or banks and are emotionally playing with private investors heads saying "if you dont participate in the SPP....we are no more"

Stuff that.

Managment have lost their chance and I think some heads should roll.