I'd say the IP is worth two fifths of sweet FA.Other products...

I'd say the IP is worth two fifths of sweet FA.

Other products are on the market, and the only way to sell it would be someone looking for a quick in to the market - sales were not exactly burning up however!

Coupled with the FDA stuff, it is too complicated for most people - as they are in someways hamstrung as to where they can sell it.

A shell is worth what - $500K? IP for testing is probably worth the same as the shockrounds IP that SBN still has.

Amazing that they have manage to burn pretty much all their capital over the last year and not to have anything to show for it.

Dr Sun must REALLY be spitting chips.

With about 800M shares on issue, .1 cents is reasonably generous IMO for the current state of play (ie. one step away from voluntary administration). If they wind up, they will have to pay out cash for auditors, administrators, lawyers and employee benefits/contracts.

So - unless a white knight comes along, the shareholders will not see a red cent.