2 cent party, page-37

IBBY, to be fair a biotech research company relies on successful research which in turn

relies on successful trial results.....These trials need to be funded somehow, couple of ways

to do this, raise capital from investors or sell yourselves short....Management have alleviated

costs to an extent through collaborative agreements...I don't know what else they can do....

In saying that I do question the timing of this latest placement of which I will be questioning

management this morning....When I get a reply I will pass it on....Have a great break my friend.