This expansion in staff and facilities upgrade indicates Anteo could soon pull off some major income producing deals with what's going on in Life Science & POC (China ,USA ) the second stage audit in August achieving certification towards the end of September 2019 could be the turning point ? I think not much commercialization and $$$ deals can be done without this certification.
If battery “Collaborator 1, 2 or 3 move to sign a $$ deal, more will follow , there is a lot to look forward to this quarter , with over $4 million in the bank gives Anteo plenty of runway to sign highly profitable deals , could this be the turning point for Anteo's ?
Key Objectives for the Quarter ended 30 September 2019 Q3 has started well for Anteo with several key objectives identified for Q3 across the Life Science and Battery Divisions.
These include:
• Upgrading the battery laboratory facilities to improve handling of material for prototyping silicon composites for anodes.
• Recruiting additional technical development staff for both the Life Science and Battery teams.
• Inducting the new CEO, Derek Thomson into the business with view to keeping up the momentum.
• Progressing the development programs for the 3 battery collaborations.
• Showcasing Anteo’s Life Science products and capabilities at the AACC19 conference in California first week August and hosting discussions at the conference with existing Life Science partners.
The Company looks forward to updating shareholders on progress and thanks shareholders for their continued support.
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