There is a little interest but it only amounts to about $5,000 in purchases. The trend is still down with an occasional day of small purchases. This trend will continue until we get word of financing from the company. What is somewhat disturbing is the lack of money is delaying introducing the product. From the March 3, 2009 investor update from Stan Baron:
"Lantis had planned to initiate the next round of funding at this stage and management is now dedicated to obtaining the required financing to complete product development and transition to an operational company. From the time of funding, the OCT development time line including obtaining FDA clearance is anticipated to be approximately 12 months, with product market introduction now targeted for Q1 2010."
Since the financing has not occurred as yet, when will the product introduction take place, possibly Q2 or 3, 2010? It's been six months since this update and no financing has taken place. Are economic conditions the hold up or is there another reason?
We have too much time to speculate but it is disappointing a product with so much potential has not yet attracted the money to bring it to market.
PS: Where is Enlightened?