I reckon the announcement is good > Just with Telstra thats...

I reckon the announcement is good > Just with Telstra thats $265,00 in sales : say they are working on 40% profit margin ... thats 100k per month & 1.2 million gross profit a year.

That's a pretty reasonable platform to build on considering they are just starting to get market penetration. If they get the momentum on sales they could well double Telstra sales by the end of year.

Now that's not accounting for any new revenues that they are predicting in Europe or the US.

We also need consider they may pick up some large contracts this year as well.

Look they burning cash but thats the nature of initial sales & marketing campaign ... the key is to look long term.

Yes they will need to raise more capital to survive and keep the sales campaign buoyant but this will be done more than likely done in the US or Europe on a much larger scale.

Good luck ... Just my thoughts & opinion