GREY:IPHAF - Post by User
Post by
snrkidon Mar 20, 2008 2:57pm
245 Views
Post# 14755418
Greetings
Greetingsit is good to be back home in Canada after winter in Florida. It is sure depressing to see and hear what has happened to majority of people in US of A. Homes are foreclosing at feaverish pace, even the so called very rich are losing evrything. One of the biggest property at Palm Beach county, huge oceanfront mansion with $40 million dollar mortgage was sold at auction starting bid $100.oo, There was no takers and at the end the mortgage company bid $23 million winning bid.
Sad to see people losing their retirement 401 K savings when bond market goes down, many municipal bonds have not been able to roll over and lots of 401 K's are tied in them. This seems and sounds to be just beginning down there. Sad.
Isotechnika just released full year results and looks like we are right on target. monthly burn rate is decreasing after trial expenses are winding down and all trial news have been 100% good. I am expecting, just personal feeling that we will see preliminary data from renal IIb next month. Audited results release timing was posted with NR's.
To days trading indicates that there is increased interest at houses who can afford to increase their position. Many of them are in dire slump when it comes to buying.
have a great day all...
snrkid.