Though reading this board every day, I've kept quiet and remained on the sidelines for quite some time. I must say that I remain displeased with what has happened post June 30th.....and by that I mean with nothing having happened post this date.

By now, the company should have realized that shareholders would be expecting an update to where things stand. The only real msg delivered pertains to new management needing time to provide an action plan. While I am aware of the fact that they may want to take the company in a slightly (most likely significantly better direction long term) different direction than past management, there should have been communication as to the status of milestones. There are ways of saying things while respecting any NDA that may be in force.

As to recent stock price games and the potential relation to PNP, while I do by in to this argument, my coment is we shouldn't even have to be dealing with such issues at this stage.

As to the potential PP, unless they have a REALLY good reason for it, I will be EXTREMELY upset if any institutional investors benefit from a low stock price without there being any real benefit to US! We have more than enough cash in the bank from prior dilution. The only PP I would accept is either (a) to buy-back shares outstanding and more ownership into stronger hands, or (b) that such a PP relates to a strategic partner (which I hope is the case). Otherwise, I will find it very difficult to accept.

Lastly, though I trust in new management's ability to take this company to the next LEVELS, short term stock price movements leading up to this point should also be considered. When managing a public company (even mroe important when the Co has yet to report a profit), capital market decisions are key and a stronger stock price provides leverage!

Just my two cents.

Sandman