Remember the company has never made a dollar and survived on funds from the initial float. After that the company has survived by dilution in selling assets and equity to companies and investors with nominal amounts paid to APG for test work..
Usually a company will have to sell part of its assets (bringing in a JV, Investor etc) to move forward. Normal acceptable business BUT we never moved forward and just kept handing out shares for money.
Thanks to the Chairman we got onto the R & D roundabout which has helped minimise dilution a little.
But lets be realistic. APG today carries no more risk than 3 or 5 years ago.
They are expecting some R & D which will prop up cash for a while and the Chairman at least sounds confident of a deal coming soon which will HOPEFULLY add cash.
Wether it be further dilution or a Lic agreement as long as the funds are MANAGED PROPERLY for the development of the project/technology then there will be a good chance we will actually see something happen and more deals will follow.
SO despite what some may think, yes there will be more cash, yes the company will continue on beyond this year and into next and more than likely WITH MANAGEMENT CHANGES and a new deal the technology will be proven.
We all know once that happens the SP will fly and that is why so many have hung in for so long.
