The information I was seeking was simply this: Of the 100+ approaches received by ADO how many have progressed to 1. Testing 2. Collaboration 3. Feasibility 4. Proof of concept 5. Contract No names need to be provided, only the numbers at each stage so that we can have an overview of the progress being made.
In respect of income received from existing contracts all I would require is the percentage increase from year one for each party without the need for names being supplied or the actual dollar figure for each party.
A simple statement to the effect that two contracts were signed in 2010 revenue from one party had increased by 2% in year 2, a further 3% in year 3 and 4% in year 4. Similar details for the second party would demonstrate that things were progressing without naming either party or the actual sales figures involved.
Such information would clearly demonstrate if and how much progress was being made in terms of revenue being derived from the incorporation of Mix&Go into the products of other companies.
No names required, no sales figures required but just a simple expression of percentage of movement from year one of contract and each year thereafter.
ADO Price at posting:
5.6¢ Sentiment: Hold Disclosure: Held
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