Ann: Stonebridge Securities undertake private pla, page-3

re: Ann: Stonebridge Securities undertake pri... Did this capital raising come out of left field or what?

They just completed a capital raising for sophisticos for 1.1m in February 2010 and have drawn down from the SpringTree dilution facility every month.

Nick has been very quiet about sales of Ovplex in the UK but as always has mixed in some good news with the placement announcement, of a new study and Singapore. UK sales must not be that flash if they had to raise more capital barely three months after completion of the previous placement.