No change in my holding... but it is reassuring to think that someone has enough faith to park serious amounts of money in it. Still sitting on a 60K paper loss ! My investing philosophy is hardly conventional - BIP and PRM are my only 2 holdings in the UK...came good on the PRM and now hold a few at no cost, so my 100% paid for UK holding is BIP. I guess many would call that stupid...but if it comes good I would be happy, otherwise take it on the chin and move on. This strategy has done me reasonably well over the last 15 years or so. Each to his own, but I have held BIP since 2003/early 2004 and have a three to five year time frame for it to bear fruit...so no hurry from my side.
I have spoken to some scientists who have worked with /know Sandeep Gulati and have visited Vialogy, they tell me the technology is sound. Commercialisation as always is the key.