CEO Comfirmation, page-241

No confidence BV. They announced a multi company trial (which is in fact 3 associated companies) on the 16th June. On 11th July they announced another trial with a Hong-Kong based company. They re-iterated this in quarterly report on 29th July when they also said T&T testing and phase sign off is imminent and they will notify us in due course. Well 2 and 3 months on from those announcements what have they updated us with? Nothing. There has been absolutely no new news for over 2 months. Where is the progress and update on these important trials, one of which, the multi-company trial should be near completion by now if not completed. Where are the new trials with new customers? Daly has apparently told a HC poster that there is NOTHING to tell us.

No wonder half the total shares on market have been turned over since the new financial year. There's nothing of significance happening or at least they don't want to tell us so the market reaction is understandable.