Proteome Sciences. AGM Statement.

According to my theory (which is IMO and you MUST DYOR) a takeover offer can be expected as soon as PRM receive confirmation from the US patent office that they have accepted PRM’s application for their TMT patent.

By that I mean even perhaps before any resulting TMT licence agreement negotiations have been completed.

A price per share of £8 was suggested when that was first discussed on this bb in January/February 2004. (Less shares then – but increased value now to compensate.)

The latest of my “Summaries” which contain the figures of Richard’s estimates of PRM’s POTENTIAL value is post 29276 of 2 March 06.

The near future look very bright indeed.

Regards to all LTHs.

Peter.