some strong language in the announcement yesterday. lets hope...

some strong language in the announcement yesterday. lets hope they can back it up in the next quarterly.

"AnteoTech Ltd (ASX: ADO) (AnteoTech or the Company) a revenue stage company"

"new Chief Financial Officer with experience leading the finance function of a rapidly expanding, revenue stage technology business in international markets."

"AnteoTech is a revenue stage particle surface chemistry company leveraging our proprietary nano polymer technology to solve global industry problems for our customers in the clean energy and life sciences sectors."

"the Company has partnered with global suppliers to the lithium-ion battery manufacturing, with first revenues targeted for late 2023 from our Brisbane based commercial plant."

not sure $62k would qualify Anteotech as a revenue stage company. revenue from anteoX not to come till late 23, so where would the revenue be coming from?

from the company update, objectives of lifescience

• Drive sales with AnteoBind & associated services for short term revenue growth.

then gave these KPI's with time frames

1/   KPI - Acquire a strategic equity position within a PoC asset by end of 1H FY24.

2/  KPI - Entry into at least one commercial partnership to develop new POC offerings by end of Q1FY24.

3/. KPI - Commercial agreements with at least 2 new PoC development companies by end of Q1FY24.

4/. KPI - Targeted expansion of distribution agreements with at least one global company by end Q1FY24.

5/  KPI - Commencement of targeted AnteoBind marketing program to include leading universities/centres of research globally by end of FY23

lets see what is included in the next quarterly

ps. no need to reply quote me, I want a deal as well............