lets not forget that terry stated at the 2015 agm that there would be at least one big deal within the next 12 months.. and that was only 5-6 weeks ago. yes he also stated at the 2014 agm that we would be a commercial enterprise in 2015 but I think he got a bit ahead of himself. perhaps he forgot about the testing phase
but testing is well underway, we could be seeing an update soon regarding that, then it's upwards from there.
another thought... if lumimems or the newly acquired spectrometer was going in a smart phone, have we ever thought that companies (apple especially) want all new tech in their upcoming phones to be top secret. iphones for example, the whole year is rumour after rumour of what's going to be in the new iphone, and apple does not say a word until the official announcement usually around September/October. apple doesn't want everyone knowing, especially Samsung, well in advance that the new iphone is going to have this amazing sensor built into it. apple would want to be the first to unveil it. imagine pointing your iphone camera at fruit in your local coles to see how fresh it is, it would blow peoples minds.
just "food" for thought
