Ann: $7m Oversubscribed Private Placement & Launch of $1m SPP, page-28

Sold out when last year's CR was announced but allow me to shed some light on your theory. When I was holding repeated company updates would report that milestones were being achieved on time and the next milestone was always global distribution contracts. I believe the original target was to have the signed by the end of Q1 CY2017. However I learned rather quickly that the BOD have no issues with moving the goalposts as we are now more than a year and 2 CRs later and still no contract. Expect simmilar adherence to this EU shipment timeline. My prediction: this company will eventually cease trading and go into liquidation. Other companies will poach intellectual property for a steal and holders will be left with nothing.