Very true clag. That's why you have to look forward not...

Very true clag. That's why you have to look forward not backwards. Options have expiry in June 08. By then I would not only expect sales to be on the board, but also according to their timeline a number of other products released to the market, the most interesting to me, being the home unit. Also take into account another $12.7mill in the coffers if all options are exercised. Hopefully this means no more required placements in the future taking into account their current bank balance and the trickling of options being exercised early.

Certainly, the proof of the company will be in the success of sales, so there is a premium being attributed to the company on the current marketcap of $50mill but I believe this can be attributed to the confidence and excitement of investors with what the company has achieved in a relatively short time.