Ann: Company Update, page-10

"As Xped continues to migrate away from an ADRC protocol focus"

Not sure why they've used the word 'continues'. This is new news to me.

"The Company is currently in advanced discussions with a major International Telecommunications provider"

That's new. If it's an Australian MNC, my hypothesis would be Optus-Singtel.

Overall, it seems to me that the focus has shifted from infrastructure to applications. I imagine that this has probably been guided by Marty, who has instilled a bit more pragmatism into the business (i.e. A lot of the language used to describe the move away from the ADRC protocol seems to indicate that it's far too big of a pond for a small company like Xped to play in, even if the tech is leading. There's too many industry standards already)