When they say they have secured a Brazilian distributor, is that...

When they say they have secured a Brazilian distributor, is that actually the case? After all, it is only a letter of intent. This doesn't mean any contracts have been signed.

So to be clear, is the Brazilian Distributor helping ALT get the burettes into the local hospitals for them to trial, and then if the hospitals like the burette and order it, then there will be a formal contract between ALT and the Brazilian distributor?

You just get the feeling that if the day comes that ALT gets cashflow positive and has major distributors signed, all the 'waiting energy' will explode and the share price will sky rocket!