We were all anticipating or at least hoping for something to get excited about with Alda. Unfortunately, 2010-2011 has not been a kind period to Alda shareholders. and TO certainly didn't help with an intervention to stem the slide.

With this news, while it's far from getting out of the woods, it does show the new direction that TO and management has always expressed an interest in. They were never keen on expoiting the prospect of the hand sanitizer or disinfectant market and were always looking to the therapeutic sector. It seems that with this product, they could make inroads as being a recognized supplier.

The key things that management will need to prove is their ability to market this product to health providers, and it will be imperative for them to grow their revenue stream based on this. Even if they don't get to profitability, the distrust that shareholders feel and their track record justifies the need for management to show us that they're on the right track.

Even though the share price is attractive, investing here is still a risky proposition unless you are a very short term investor playing the cents. It seems that with the volume traded, there are still people looking at Alda, which is a good thing. I just hope that this hype just doesn't dribble into nothing as with the Olympics fiasco.