Just to expand further on a couple of points. Speaking with Ian Kiddle after the meeting - UWS have been very slow on the uptake and are reviewing all their internal systems at the moment within the campuses. We are contracted for 2 million from the pilot of which nothing has been received. UWS are in no hurry and it's up to them to get the ball rolling. If won it will be one big contract and possibly a company maker.
He also said - we have 1 embedded network at the moment generating income but over the next few weeks 4 more will come on line. IMO this is probably the start of something significant because over the next 6 to 12 months many more embedded networks will eventually generate income. It's 18 months plus on average before these networks start earning us a quid.
Also, during the meeting Plympton said there are 2 significant in value contracts which we have verbal agreements for but not signed yet. One of which there will be revenue up front which will go along way in paying off Lord with the remainder looking like being a loan.
All in all it was good ! In regard to the free bonus shares I feel if the AGM would have been held 4 months later the attitude to this issue may have been different.
Kiddle is a professional and appears to have a geniune commitment to succeed and in my opinion has got it all worked out. We either believe in his ability or not.
On a lighter note there were a few old forum stagers at the meeting - ferrari, uncle elmer, highlanda who asked that many questions the meeting appeared to run well over schedule. mai_chai was there also but he appeared more interested in the all-you-can-eat menu from the restaurant than what was being said. I've never seen a bloke eat so much ! !
Anyways, I'm back ! Has anyone seen kiril ? ? ?
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