trading halt, page-12

I'm a little surprised at the lack of debate about the TH -perhaps we're all a little jaded, been there, done that?

I'm not. Could be wide of the mark here, but I think this could be a company-defining moment. All the recent updates have been brutal in their assessment of the company's financial position, while at the same time displaying a quiet confidence, (mental toughness), that the current efforts to obtain the necessary funding to enable the company to commercialise the chosen products will be successful. TOD said in his Chairman's address that the failure of previous efforts to secure funding bore no relation to the outcome of the current efforts.

I don't think it's any coincidence that the Notes rollover came on the back of the Colt and Canada initiatives, or that the window of opportunity is relatively short.

This is quite possibly a do-or-die moment. No more bits of cash here and there, no more massively dilutive CR's. From MPM to Taser, with much in-between, there is too much evidence, all well-documented here, that MST technology is now entering the mainstream in the thinking and forward planning of the defence/armament industries.

Can't wait.