Good info Micro which raises the question. What is the motive behind the latest info from Nanologix? It appears to some that it is less than what we would assume a company CEO would communicate to explain the Companies plans going forward..........

Possible explanations might be;
A. Nanologix has plans to combine with an other company ...Not a likely
option as word would leak out and more info would come forward
B. Nanologix will be bought out so no need to uplist. Again, chances appear slim like above option.
C. Nanologix does not have the money to allocate towards this expense.....Seems to me the most obvious as others ( Faros ) have shared the expense to further their developments.......

So all in all I, for one see a huge problem going forward for Nanologix's share holders..........WE need this issue clarified by Nanologix soon.