terry update, page-53

It feels like a news blackout, calm before the storm..

I would say there will be significant news to come, and the timing of it is out of the hands of PSY for the time being:

1. Finalising and mass production of LumiMEMS wafers.
2. Any development work with ERJ
3. Any development work with Quantify
4. Non disclosure agreements with other parties.
5. King is increasing his holding, not selling any shares.
6. Chaffey left because it was a promotion to another Company, you don't move as a senior manager to take a pay cut and a lesser role (like charles89, I looked on LinkedIn). Maybe he was head hunted and the offer too tempting.
7. Chaffey could still be a very useful contact at his new employ.
8. We are still cash positive, have no finance worries.