They mentioned they are 'confident' but you know what that means? I really do believe the ASX should ask for a please explain regarding these so called 18 Telco deals, it's no way an ASX listed company should be reporting or lack there of.
They were caught out big time regarding BluIP, a deal which looks like never eventuated. Japan seems to have been a bogus deal too + Singapore & Macquarie.
I'm guessing they have mostly received letters of intent from these Telco's as if there are any deals with revenue attached, they must be disclosed to the ASX regardless of confidentiality agreements.
They would also be offering free trial periods to these Telco's as well.
Interesting as djtech mentioned a few weeks ago, that the requirement for a Telco sign-up was to agree to a minimum 5,000 reserves users - no we all know that is now bullsh111t from what was disclosed in the quarterly.
Ann: Quarterly Activity Report, page-82
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