cash coming in a few days, prospects improving

Some notes on the annual report and response to asx.

1. Cash expected in the next few days from distributor in the Philippines - 18 x Skywater 300 units to be sold to Philippines government.

2.Skywater 150 units (designed to be coupled with solar or wind power) have had testing and production drawings completed.

3. Skywater 14 units have passed Philippine government certification testing. Substantial market, milestone achieved.

4. Ecuadorian distributor expecting orders from Government and Military.

5. (I like this one,should have been implemented long ago.)
ISK have secured Marlin Bank's commitment to provide a leasing plan for their Skywater units. Customers do not have to outlay a lump sum to try them out, and depending on taxation laws (need to do more research into this) they may be able to deduct leased units from tax payable. Also provides a steady, forecastable (is that a word?) cashflow.