FB has indicated that such a live demo would be held for SH as soon as practicable given Covid. He said that while it was not their main priority because they had more important reasons to do demos, it was a priority. At least he is acknowledging that SH want and need to be reassured, given that he knows what is happening and we don't. That was signalled as being likely at the 2022 AGM, if not before. He has stated this will occur. We need to ensure that he does not renege on that promise.
5/7/21 ASX Query Letter
"...Our demonstration systems are designed to serve the strategic commercial interests of the company, attracting and engaging potential customers and industry influencers. Upon achievement management intends to announce confirmation that the out-of- cleanroom demonstration has been sufficiently upgraded as to commence demonstrations in Israel to select industry players.
We greatly respect our shareholders interest and enthusiasm to experience our technology first hand – but this is not a cogent priority for the Company, nor is it a practical one given the current global travel limitations. The standing plan is to include demonstration of our technology at our next AGM however if and when travel restrictions by and between Australia, Israel and connecting countries ease, management will consider holding a special in-person meeting to demonstrate the technology to its Australian shareholders...."
This would be a foolish thing to promise within a response to an ASX query about demonstrations and then not deliver on it. The obvious implication is that COVID permitting this is actually a feasible demonstration, implying there is something to actually demonstrate.
Point taken?
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