The truth is Dr Moro owes the shareholders nothing more than to work for the company. We do not have a say, just a vote which is meaningless as none of us owns enough shares to make a difference.

The truth is he is right, this is not an eight cent stock, just a stock miss-priced. The price really should be zero based on its cash out-flows. Debits exceed assets. Unless he can convinence some other company that he truly has something of value. It is hard to believe that Inverness, Abbott and GE all do not understand what Dr. Moro understands. Especially since two of them have already put up money. This is the most confusing to me.

May 1, 2009 the $100,000 plus accrued interest payments begin on the debt. It appears the company does not have the cash to pay this. It does not seem possible to be cash flow positive in China in any meaningful way in the near future. Business just does not work like that. It is discouraging that Dr. Moro has continually been so overly optimistic from an investors point of view. Realistic time frames and reachable goals would be far more comforting.

But in all fairness he is attempting to do the impossible. Much better he be fowarding the science and doing a deal rather than fooling with yahoos like me. I've placed my bet, concerned but comfortable that something is about to happen. I hope it is "all good".

Disclaimer,

I'm in from .60 to .29. Early as always.