I agree wth your assesment (Thebeatgoeson) of where the 40 million shares traded is most likely coming from, as I have always been skeptical of naked Short.

Also, in my last visit, I asked about their burn rate, and there response was about 30K / month. Looks like a lean ship considering 3 staff Scientist, Dr G and the facility to maintain. Every month that goes by without the finance means they will have to issue ( my estimate) 3 million shares per month at a 0.01 each and it get sold at 0.015 or 0.02 for nice profit ?