Ok separate thread - the other one is full of disgruntled and...

Ok separate thread - the other one is full of disgruntled and exhausted share holders (I am one of them). However full responsibility is on the investor - enough signs to get out previously but I never did.

What we need to look at now is what do the major investors know - only Collinson has the convertible note and a higher level of security.

They must be privvy to sales momentum and reduced cash burn. Also some insight ot military.

I don't doubt there are risks but if these guys are throwing serious money in, they want a serious return.

Assume fully diluted there are 700m shares on issue - then at 30 cents nearly $240m market cap - they would need to make $30m to justify this - bedding fully explored and delivered could do $15 - $20m, the military $10m and Licensing $10m. This could be possible within 12 - 24 months.

They will have no debt and $8m in cash. I cannot imagine them burning more than $1m a quarter now - so a decent runway.

Collinson will add corporate expertise.

We need some results to show what others know otherwise there are underwriters willing to take the stock - again why are they so comfortable.

Stop with the frusatration and anger - dilution is done - this could easily get back to 30 - 50 cents but the latter probably in a corporate take over and the 30 cents requires excellenet execution and building credibility again.