Ann: Company Update, page-43

I'm predicting a shocker too. This update is purely to placate. Not only is Hygea on hold, Medtel has been cancelled as well.
Love how they word it as "non performance". The Company received a please explain Mar 2018 for Medtel. Their response was ....

1. Has GMV received any payments from MEDTEL pursuant to the exclusive distribution agreement between GMV and MEDTEL? If not, when does GMV expect to receive payments pursuant to the exclusive distribution agreement with MEDTEL?
   Yes we have received US$15,000 from MEDTEL following their receipt of the first commercially ready Prizma Cases. As G Medical intends to manufacture the bulk of its product in China where the costs of production will be cheaper, the distribution of the Prizma medical smartphone remains subject only to the receipt of the CFDA approval. G Medical will provide an update to the market in accordance with its continuous disclosure obligations as and when required.

We've gone from "receipt of CFDA approval"....to....."non performance" WT??