Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-23

Look, it reads very well to me. There's no more excuses in there. Everything Fred said they needed to happen at the AGM is now happening. Instead of delays they've stated progress is speeding up rapidly.

EM to travel to Israel in September, another step Fred stressed needed to be able to happen.

i think there's a high chance they'll be releasing specs soon, maybe in conjuction with demos, raise etc, given they've stated demo systems will be accurately tested/measured for performance.

curious as to how much they'll raise. Minimum of 10.... Do they go big here? Or take only what they need until they get gen 2 chips into a demo board where they can really blow people away? I still question the use of the word soph's. I think they've got the right people ready to pull the trigger.

first gen 2 chips on the 2nd of August.

given the late release perhaps they were on Israel time, if written by Danny there is a strong tone of optimism to this update.... For a change.

my opinion only of course, but this update felt different.