undervalued, page-3

Part of the recent cap raise was one free option for every 2 shares purchased. Now you would think that part of the cap raise promise to the larger investors would have to of been that there was a good chance the share price could hit the 10c and put the options in play (otherwise what would be the incentive to pay market value for shares 2.2c at that time)

I think the long term spec holders of this stock know it will get it's run one day, I have done significant research into the company and certainly see the potential but the bottom line is -can the present management drive the share price up (reality is they couldn't call another cap raise at the current share price as no one would have the confidence to invest)

revenue is up! positive ann's have been coming through!

c'mon cardia DELIVER!

DYOR!