seems that the research and development costs for lowering. I think it was about 550,000 last quarter so that's dropped about 200,000 or so.
I'm not sure why we still haven't got an update on HSBC Australia. but I would imagine that would come out in the next couple of months. I think covid had a significant impact.
and it looks like if you're able to keep our cost base low maybe in a cash flow positive in three quarters maybe. it all depends how quickly they ramp up this revenue with MasterCard and HSBC.
they still have cash for another 3 to 4 months which is in line with my expectations.and it looks like they're engaging in some discussions with some big banks. To me even though we would like things to happen quicker I think everything is still going to plan just not at the pace that everyone expects
The price should go up imo .
The thing that people have to appreciate is it with dealing with banks.
ID8 Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
