of 1 billion, roughly $5.00 Per Share. We're now supposedly entering the endgame, fully integrated proto chip ready by roughly mid 2014. Yesterday we find out that management sold 7,692,308 shares at .65, that's app. 13% of Pellegrino's old evaluation. Quite likely much less of newly commissioned revaluation. Do I see this as a good deal? No.

I hear you when you say this will enable us to reach a successful conclusion etc, etc, and hopefully that will be the case but still I feel a bit blindsided.

Ironic that those of us who are disappointed by this PP are seen by some as negative when in reality we placed a greater value on the company than they appear to place on themselves.