Game,

The size of Cardiogenics deficit contrasted to the stage of the development of their technologies was one of the major attractions for me to invest in Cardiogenics. IMO if Dr G had maintained such financial discipline and planning Cardiogenics would not be underfunded and would have generated clinical data that confirmed the promise of their paramagnetic beads and Point of Care analyzer.

Unfortunately (from experience I am speculating) GREED raised its ugly head and Dr G and the Board abandoned their financial discipline and began the slide that lead us to where we are today.

Ante