Eqz, I think the recent drop is the result of the disappointing cash raising during share purchase plan. Where $750k was expected, only $240k was raised. I think that the product the company offers has a future but if funding and cash continue to be a problem, it will have to be sold to someone. For now, they keep burning cash and did not raise much. This remains the biggest concern.
I got out at 1 cent and it was the right decision. I could have done it earlier but decided to take a risk... and then the SPP results came...
Ann: Change in Board & Senior Management, page-18
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