Ann: Appendix 4C and Quarterly Update, page-3

And a few paragraphs on progress of first commercial deal ?
Update from Delta on the way and there are currently “significant” discussions underway..
I wonder what that ‘significant’ means? …  Maybe if the discussions bear fruit, it will be heavy fruit?


“…. As previously reported, the Company received its first formal request for quotation for the supply of the initial APB sensor kits to Delta Airlines.
These negotiations are now well advanced with further updates expected in the near future.

SMS successfully raised AUD $1.925m during the period through a single tranche placement offered to sophisticated investors resident in Australia and New Zealand and which attracted strong support from both existing and new shareholders.
Executive Chairman Ross Love said that the funds raised would be directed towards the ongoing commercialisation of the Company's CVMTM technology and to ensuring the Company was adequately resourced to capitalise on significant, ongoing discussions with key ‘high value' customers in the US and beyond.  ..”