NR of PP closing http://tmx.quotemedia.com/article.php?newsid=37452725&qm_symbol=APH

Hopefully this means that we'll start getting more news on the progress of Alda (if there is any). It looks like it was mainly insiders who took part in the PP. I suppose there is very little if any support left for Alda after the debacle of 2010.

I'm not taking this as a bullish sign from management as there is so very little risk to them as the primary source of the co.'s cash burn are their salaries. If they are serious about staying in business, they really need to look at moving the company forward and give their supporters/shareholders something to be excited about.