"Better, Viralytics has also secured HC Securities to underwrite...

"Better, Viralytics has also secured HC Securities to underwrite the exercise of 28.65 million options at 4 a share due by June 30, 2010, to raise a further $1.146 million. That has been done through granting Viralytics a put option to enable the company at its own election to place any of the 28.65 million shares not taken up by option holders."

Clearly the intent by management is to continue stripping out as much equity as possible before June to keep the price below 4c and hand over the options HC Securities.

The tumor is not in the patient.