the future for tz, page-7

'Employee benefits expense' & 'Professional and corporate services' are too large for a small business and hopefully they can be reduced significantly. The Appendix 4C for the September quarterly (to be released toward the end of October) should show us how much TZL has reduced expenses after the sale of PDT. If expenses can be reduced then the $8m+ revenue that TZL have forecast could be enough to get them to breakeven.

This is still a very risky investment but if Singapore Post is happy will TZL's product then hopefully that will help attract other organisations.

Still no update on whether or not Coles is likely to move to full deployment (originally I think 300-400 locations was mentioned as a possibility).