Ann: Commonwealth Financial Planning Pilot Agreement Conclusion, page-245

You want someones view to point out a good decision that management has given recently.

HMMMM.

Maybe to court CBA in discussions for as long as they have and then entering into a pilot to develope the final BOOM program which turned out to be a very successful pilot achieving everything that it was designed and asked to do. Without CBA we would not be as far as advanced having a BOOM software that has PROOF OF CONCEPT plastered all over it.

We still have the BOOM in our stables belonging to IAM to somehow market to another client. Whatever the breakdown in negotiations were to terminate the financials we will never know of the money aspect side of things. Maybe they wanted more than the cheap payment want exclusive rights of use or ownership of BOOM being built for their own use, I dont know.

PROOF OF CONCEPT achieved through the pilot is everything except for a failure if it did not. Still a good decision to pursue a pilot and in the end even if no deal signed, it is still ours to market in some form and try to carry on with a proven model. We still have a PROVEN model that works, all we need is a biggish client to say yes we will try it and pay what it is worth.

Without CBA pilot would we have a PROOF OF CONCEPT in BOOM today that we can still market to other clients of whatever size. ?????????????????