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sirjc - Sun, 24 Dec 06 :

Lucky

The 5 million asset value is in their accounts. Now I totally agree with you it needs to be revised and a more detailed info is required, this I have said several times. On feb 2 shareholders should ask for a detailed info on how this figure is achieved. I absolutely agree with you on the accountability issues you have raised. In fact I have seen many times how as you say the fact that they are in Ireland is hardly ever good, it only adds to risk. I also agree on the research issue that is why I have suggested that erx reduces cost and stops the hedge research they are planning and just gamble with the curent products. I have revised the 2 american companies that are testing them and their market cap is substantial as it is their work. Thus as I have mentioned it is a gamble that is only supported by those 2 american companies otherwise it should go under. Shareholders must be on top of things and keep an eye on the directors making sure that they reduce their operation cost significantly.

Regards


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