Ann: KarmelSonix Expands European Distribution Ch, page-3

re: Ann: KarmelSonix Expands European Distrib... I agree, seems like they are making steady progress on the commercial side of things.

I am looking forward to seeing the next few quarterly reports - hoping that we wont see a dilutive cap raising in the near future.

Judging by the Sept quarterly they have about 9 months more cash in the bank, plus the facility to borrow substantially more.

If these agreements can start turning into growth in the revenue column the next two quarters then I'll be excited! Any capital that needs to be raised after that should be at a much higher price.

I'll hold for the short term, with maybe some opportunistic accumulation :)