So true. The problem is that TO is stuck in a catch-22 right now. Shareholder support has evaporated, which makes getting money difficult unless he can draw new supporters with sustainable revenue. He has no money to take T36 to market right now, so no revenue. At this stage, we're just burning through cash.

These kind of news releases were meaningful about 3 years ago, but at this stage of the company's life, they should be actually be making some noteworthy revenue with at least one product.

No one is going to invest in a company that has no foreseeable business plan to become profitable especially when they do not have the means to do so.

Unless TO has a new secret product or distribution contracts in place, he is doing nothing more than they are just burning through cash. The best case scenerio here is that they strip the company's intellectual assets and sell them to a larger company with the ability and funding to take it to the next level.

Worse case for us is, TO will burn through the cash they have now, and when the well is dry (which it most certainly is getting close), he'll sell off the company's assets, both he and Peter will leave the company and collect a severance equal to their annual salary and then when it is all liquidated, they still will get cash out of their share ownership.

Lousy deal for those of us who misplaced our trust in him and the co.