Ann: Change of Director's Interest Notice for Ivan Slavich, page-15

There remains 170 buyers for 901,070 units, around $2000 average parcel. Is it a broken bot?! Nah. It will be a recommendation from a subscription site. No doubt some things have grabbed their attention:
• decision time from the DoD. Co-incidentally (maybe, maybe not!) an equity placement facility has been set up to develop the very product that has been tested by the DoD. That the testing has run it's full course is a good sign. Boettcher (~24%) has managed well over the last six years, and wouldn't give away 250,000 shares + options (+security shares, which I don't really understand) if he thought that the commercialisation of the technology wasn't going to go ahead (how successful it is would of course be a different question)
• imminent profit announcement (in my estimation $1.5m profit for a $8m market cap co, with then similar in cash)
• director purchases on market (showing that nothing is signed and sealed at this stage we would have to know about it. I think equity placement is a big hint though....)

As for the orders, very disciplined from a large group on day 1 but I don't see too much selling in the mid 30's occurring. The selling there was happening when there were only a few buyers (at one stage the stack had all retreated to the 20's). Good luck guys.

DYOR