For the factually challenged, some excerpts from a document 4...

For the factually challenged, some excerpts from a document 4 years ago;

http://www.nusep.com/user_files/1302499592_NuSep%20Investor%20Presentations.pdf

on page 2

"Cost Reduction
By relocating to Lane Cove in Sydney, NuSep will save over $1m pa on rent alone. Total building related savings are estimated to be over $1.3m pa."

Now we've got more cost reduction.

and on page 3

"Finally, sales of the SpermSep are expected to start later this year, which will have a significant impact on the Company’s future sales and profit."

WTF?

Is this the same SpermSep that we're now being told will be started later NEXT year, just 4-5 years later than we were told in 2009? Should we believe what we're told now any more than what we were told then?