Viki (and everyone else), this is the risk (gamble, if you like)you take with a penny stock. All PR's from any stock are followed by a "Forward Looking Statement" (i.e. weasel clause) because of the risk involved with something going wrong. You have to take a PR for what it's worth, news of progress and not much more. The financial statements and reports will follow up any PR in the long run. Always keep investments in a penny to a tolerable level, because penny stocks are one step away from making a large bet in Vegas. I feel for yours, and others on this board that have had losses from related penny stocks in the past, but keep it in perspective. It was a decision you and the others made. I had my a$$ handed to me on a platter with another penny stock, but I don't blame the management; I blame me. Remember, keep penny investments to a level you can tolerate loosing in the long run. There are no guarantees of strait shooters and truth when it comes to PR's, especially in penny land.