RE:RE:---NO phase1 OR FUNDING =NO PP INVESTORS---
I would imagine ISRAEL is where the bank account is. The head office here in TORONTO is only for Canadian tsx listing requirement. Getting back to the PP--Just doesn't make sense in all aspects of corporate public business. Virtually no overheads -$1.4 million in the chequing account with insider warrants still to be cashed in if necessary for cash flow , so as someone posted earlier it may make sense that insiders are loading up prior to a buyout (just a guess). If they get funding and PHASE1 kicks in and the share price goes up to new yearly highs then a buyout at much higher levels would make sense---This happens all the time in the corporate world where pockets are lined prior to a major catalyst---if that's the case well good luck to them---WINNER WINNER CHICKEN DINNER FOR ALL INVOLVED---the opposite doesn't bare thinking about. Keep your eyes on SEDI .