If exercised, these convertible notes agreement mean an extra 55...

If exercised, these convertible notes agreement mean an extra 55 million shares on top of the current 594,394,120. About 650 million shares.

An (undiluted) mkt cap is $13.5 million.

Receipts from customers were about $4 million/year (from the medical supplies business). I'm assuming an 5-9% earnings for this business.

I wish I had the funds (and opportunity) to participate in the 8% pa interest (and 2014 oppies expiry) for the current con-notes investors.

The trade sale of ArTiMist is not in this SP equation IMO.

This extra cash ensures the finalisation of the PhIII trials.

bluebush