I agree Brendoh, the difference between Sales Activities and...

I agree Brendoh, the difference between Sales Activities and Sales is subtle, however the cash flow is deferred whichever way you say it.
I attended the AGM and this how I saw the CEO address:

1. The $2.0M is expected to be received from AutoBio tomorrow, 01/12/2017. This is subject to Chinese FX regs slowing the process beyond the 1st.
AutoBio is a world-class manufacturer of medical equipment, but not an innovator. They don't develop their own product lines. BB sees them as a strong contender for China/Asia distribution partner. Early days, but that region equals ~15% of global market.

2. The focus is on APAS commercialisation more than ever. BB spent some time on the opportunities of expanding the APAS product line (see slide 11) to create recurring cash flow.
I think this is essential to shore up our Cash Flow and Capital Management.

3.European Partners. I asked a rather long question of BB, starting with a quote from the 29/09/2017 Shareholder Update:

"CCS has formed a working partnership with a company, undisclosed at this time, to support the roll out of APAS® Independence in European countries. It is expected that a distribution agreement will be signed prior or around the time of first sales in European markets."

I then asked if this meant that we had chosen/appointed a Distribution Partner, subject to a few milestones. And just to be clear, was the "undisclosed working partner" the Distributor Elect. BB's answer was yes & yes and went on to confirm that a formal agreement would be signed at the time of the first sales in Europe.

In my view we have a European Distributor. Okay, it's a handshake deal, but they do appear to be committing resources in our direction.

4. USA Partners.
Seemed pretty obvious that we don't have the resources to enter the US market until Europe has been established.

5. Capital Management.
Resolution 5 passed easily (it was a Special Resolution) to increase the Placement limit from the standard 15% to 25%. Cornerstone Investor in our future?

GLTAH