Commercial Launch, page-75

Strangely enough their sister site, http://www.lokboxmobile.com/ , is much nicer.

As for competitors and market cap these slides answer the question (from presentation 1st March)

Some tech companies who are still in the development phase are valued at 7-10 times ZYB. They all have competitors, they will all need to win contracts eventually.

As I said, someone is very wrong here. Either the market or Ben Daly. Several shells are worth 2x XYB

The options and performance shares will never vest unless the share price rallies several hundred percent.