Ann: Quarterly Activities Report, page-4

Thanks Nijiman - as per usual given the same ole tripe I didn't get to page 12.

it doesn't say anything about planned expenditures and I assume that the cash on hand does not include the two grants but would have been nice if they would have made a note of that - but from what i can see they are basically waiting for the receipt of the funds before doing anything which tells me a lot.

anyhow you are correct in what you say regarding 2 quarters left from the information provided and yet still top heavy and nothing been said about the November 2016 dude that was to look for new opportunities - whats he up to? still being paid whilst still looking I guess?? all IMO