Unfortunately, I was not able to attend the SHM in April 2006.  I have no recollection of hearing about any specific plan until after Jim Turley became our CEO and announced in a newsletter that he, Dr. Nick and the BOD members were looking into possible M&A.  If memory serves, he also mentioned that they were hoping to have a product (something tangible) to sell. 

This newsletter came to all shareholders, not just those who attended the meeting, last August or September.   It also stated that it would be 8 to 12  (or possibly 12 to 18) months before theier plans were complete. 

 If you have a link or can suggest a place to find out more, please post it.