ann:market update, page-4

Nice little announcement reassuring us to keep the faith! Lets hope this is a sustained rise as we'll need some big hitting sales to get the markets attention.

What caught my attention in the announcement was this paragraph (in reference to their project partners):

"Some of these companies include Nestl? , Kimberly-Clark, Colgate- Palmolive, Henkel, KFC (Australia), McDonalds (Japan), and 7-Eleven (China) Sealed Air, Kmart and Indofoods."

Correct me if I'm wrong, but is this the first time we've seen reference to big multinationals like Kimberly-Clark and Colgate-Palmolive, in addition to Nestle? Definately no reference to these guys in the Prospectus of the last cap raising.

Once can only imagine what a large deal with one of these multinationals (Nestle, Kimberly-Clark, Colgate-Palmolive) will do to the share price. Makes me think back to the prospectus of the last cap raising where on page 16, Pat Volpe states the following:

"Cardia has also focused on development projects with several local and international companies under confidential development agreements. Some of these projects have progressed to Memorandum of Understanding stage with
others now being in commercial negotiations after in market trials having been completed. Whilst no assurances can be given as to the success of converting these projects from development to successful commercial outcomes, any number of conversions would result in a substantial and positive effect on the Company?s sales and cash flows."