CEO Comfirmation, page-249

There is no point sending out an update saying the trial is still ongoing. If there was a material change, it would have to be announced. So as it stands, the trials are still ongoing and progressing.

Yep and there you have it. No new trial customers, no new information on customer feedback on trials, nothing for the last 3 months except for an announcement of another new trial customer (in effect making it 2). And what happened to this in an announcement on 29th July:

Phase 1 testing and signoff is imminent with T&T. Zyber will provide an update to the market in due course.

Due course, it's now been almost two months. Eric's responses (if true) don't instill confidence for investors, answers were very defensive and clearly there has not been much progress or they'd be screaming it from the hilltops. Eric, investor relations manager, is averaging down, makes you wonder whether he is actually a poster on Hotcopper, doesn't it?

Ben Daly started out showing so much promise, a lot of what he said resonated with me when it comes to strategies in this market. After a flurry of communication announcements from our new CEO including:

* 9th June CEO Letter to Shareholders
* 16th June CEO Startegic Update
* 27 June CEO Q&A with Ben Daly
* 12 July CEO Interview Video

we've heard nothing at all. Investors aren't schmucks. His free speech has been reigned in.