EIQ 3.23% 15.0¢ echoiq limited

So if I am understanding this announcement it is to progress the...

  1. 15 Posts.
    So if I am understanding this announcement it is to progress the technology so it can be applied commercially? This announcement doesn't appear to have any financial impact except that the technology is closer to being able to be used in the medical field which obviously will have a financial impact on the business. It is obviously a positive step forward. Is this correct?
 
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