the translation of the german newsletter had mr.wunderlich saying they currently have $500,000 on hand. the statement in the financials about continuing as "an ongoig concern" is required by the auditor if they don't have a years worth of cash or equivalents on hand. the company is fine. i've watched them raise money for 7 years and they always come thru.as someone else said on this board,mgt. wants to see the shr price as high as possible.the 12/23/03 proxy statement showed the cfo holding 2,096,549 shrs and the ceo had 3,893,218! don't you think they are doing all possible to have this co succeed? pessimism is too high on this board.if you can't afford to lose your $, you should be in treasuries!