agree 100% supertramp with you. even if ftt had no cash its...

agree 100% supertramp with you. even if ftt had no cash its shell is worth $1-2 million. i know this for a fact as one of best mates is always looking for clean shells to add projects into. the best part about the ftt business is that its in Biotech so it dosnt have to go to ASIC/ASX and lodge prospectus for change of business if another Biotech private company comes to them and wants to vend their project into FTT. i also agree that market cap should match cash and shell value which IMO is close to $6 million with R&D rebate thrown in. the SP could easily get to 1 cent plus on new product/project. people will be kicking themselves IMO when .03 gets chomped shortly. IMO its a no brainer at these levels.

cheers