So...a few months ago, we were sitting on over 10 million shares of Champion, which at today's price would give us a market cap of about $12.6 million.

Now, they have sold off some shares...not sure at this point how many remain....and then this news of a partnership having something to do with something...that frankly, I don't understand very much.

With a current market cap of only about $8.5 million now...I'm not sure how we could commit $20 million towards this project.  Furthermore, would this not require shareholder approval?

The market seems to be anticipating that Fancamp will be blowing through the money from the recent sale of Champion shares without any added value.

I need to be convinced that this is adding value and that we are not putting all our eggs in one basket with this Magpie thing.

I'd say it's time for an update and some convincing.

Getting nervous with over 2 million shares here.