Ive been excited about this technology and its application for some time.
Great IP, one granted patent, and some prospective patents filed http://pericles.ipaustralia.gov.au/...callingAction=quickSearch&from=resultsPerPage
Given that the market valuation is largely based upon exploitation of the IP, it would be helpful to see the preliminary opinion of the patent office and International Search Reports, which are conducted as part of the Patent Convention Treaty filing process into countries outside Australia.
My only gnawing doubt is that FBR is from the same stable (Cygnet) as 1Page (1PG), another company that purportedly had great "patent pending" IP, but the IP, business case and company came to naught.
Cygnet has spruiked a few to market with super high market caps, pumped, dumped, and left shareholders that have gone long in the lurch.
That may or may not be happening here - but its certainly happening at GSW, GSC and lesser at ISX - and the common theme is high MC, low revenue, Cygnet, pump, dump across all of these.
The Cygnet shareholding in both 1PG and ISX fell rapidly just before their shareprices collapsed.
Suggesting some caution.
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