Ann: Presentation by Danny Lewin CEO at AGM, page-2

It's difficult to contain your excitement when you read things like this. What I do like about this company is it's quiet 'confidence'... they don't feel the need to heavily sell and promote what they have... a sign that they believe the technology will ultimately sell itself.

And I agree with all points regarding the level of secrecy maintained. You can either trust that everything that is said is true, or you don't. There is nothing I can recall that has set off any alarm bells - whenever the Israel-based engineers provide information to the public - they portray a deep and profound knowledge of their subject domain. Reading through some of the 55 patents provide further evidence of competency. I think, at least from a technological perspective, we are in safe hands.

But product commercialisation is a very different proposition, and as investors this is where we obviously have little previous history to assess capability. Although management, being so heavily invested already in equity, have as great an interest in maximising shareholder interests as we do, dealing and making commercial deals with Tier-1 tech companies is a particularly difficult challenge for the inexperienced. This is where the rubber hits the road, and early commercial decisions will set a precedent for future ones, thus I'd rather it not be rushed or completed too early.

How to put an $$$ valuation on this company? I just don't know. The world could literally be their oyster if the tech is proven, and the right commercial strategy is in play. Regardless the next 12 months will be a very interesting and exciting ride for everyone involved, shareholders included.

I'm changing my sentiment to buy accordingly. All things considered, speculation alone will drive this stock upwards, regardless of any future CR.