Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-46

Late announcement would be forgiven if any progress were made in any one of 3 fields being investigated, international chain of luxury hotels, white goods manufacturer (whirlpool?), Osmofolo, and your guess is as good as mine on what else could be in negotiations. Maybe I'm a fool, but how can a technology with such a wide scope of uses not succeed in at least one, if not two fields.