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amldes

01/03/12 7:21 PM

#11085 RE: CIKTrader #11056

I agree. Although the news was not fluff, to me it says that MCET is able to stay afloat for the foreseeable future, considering that they received $430k for 2010 and 2011 - combined.

Unless expenses have increased dramatically, cash of $303k at the start of the year should cover payroll and operating expenses beyond 2012.

PR regarding the two patents MCET received in 2011, and progress since then, will nicely break though the .005 barrier. IMO