Support Levels, page-824

Only one more week until the end of the first quarter 2017 & this is the time when an update should be expected.

"By submitting data to ANAC and have them formally review and approve our technology, we are now positioned to work directly with our OEM's and their key customers (Operators) to pursue licensing agreements."

The above paragraph was extracted from the update from Mike Reveley, dated 28 February 2017 & released on 1 March 2017 in the half-yearly report.

This announcement was made just over 3 weeks ago, consequently, we should not be expecting a signed contract just yet.

Owner equipment manufacturers (OEMs) & their key customers (airline operators) will take come time to negotiate deals & argue about certain clauses in their respective contracts.

I will not start to get impatient, restless or agitated until 30 June.

In the meantime, it would be helpful for us to remain calm if an occasional update was forthcoming.