Ann: Appendix 4C - quarterly, page-3

Highlights:
No cash collected this quarter yet, most revenue will be earned starting 3rd quarter. It is well explained, very professional, meaning they do understand investors will be worried when they see no cash collected this quarter + shares going down+ panic investors. I think they truly care about investors :



Fun bit, last dot point

Another one:

Financial point of view:


R&D 6 months is half comparing to last year, and will then be further going down due to completion of our products. Burnt $2mils 6months last year, this year we have burnt $1.4mils so far ( a cost reduction of 30% !!! )

Share price may not skyrocketing today, but considering the integrity of mgt, their care to investors, plus all the future upcoming contracts + current contracts, further costs reduction, $1.8mils in the bank (we will not see another CR in 6-9months). All we need is time for the tree to grow, then it is harvesting time