1/4 reportThings are progressing nicely. We have over 1.4 mil. in the bank. All our commitments are being met. The sale of warrants has been exceeding our needs for cash. We had 1.43 mil. come in from the sale of warrants and were down to 5.75 mil. .20 cent warrants. Although I don't like the idea of .20 cent(too cheap) warrants, that's what had to be done in an earlier time. The key thing with them now (warrants), is they're not just being dumped into the market anymore. They don't expire till 2008 and it's quite impressive to see what our share price is capable of doing when they are placed into the market with more discretion. It is only honest to say that, we did have an anchor tied to our "behinds" for the summer, that problem seems to be a thing of the past now. Reports on SEDAR.
I know that Karl does hear us on the boards. My money in this company is an investment. I see what he has done with our cash so far, and the results are spectacular. Makes me want to give him more. So, I pass on my thanks for everything to date. I think I might just go to Vancouver for the next show.(Think I can afford to buy a round or two)
All in my opinion, Sam.