I'll just had my thoughts - I was working and listening at the...

I'll just had my thoughts - I was working and listening at the same time, so this is my interpretation and I may not of heard correctly. I urge everybody to listen to the presentation when it is posted on the website and come to their own view.

Yes it appears they are looking at funding, which is why Billy is still in Australia - he and Simon are doing the rounds of Brokers - however nothing is likely to occur until next year and after some "near term announcements" (a number of contracts are under discussion) - it seemed that the funding would come from new sources and that shareholders would only be tapped to add to the fairness of any raise.
My thoughts are and in reference to another company I hold is that they wouldn't get enough support from existing shareholders so they would need to lock in their requirements from a placement with institutional investors and then do a limited issue to existing shareholders to placate them / us. But again this is not imminent and likely next year. I think Simon could be a good salesman for the company - given the potential opportunities here.
They may not need much when they do raise and I assume Colintons will keep their loan in place and the financing facility will remain.

Yes we have not moved to the next stage with the Marines - I kinda missed this part - but I think its worth a question in the next webinar as to their thoughts why - it maybe that the Marines wanted a lighter uniform, more breathable - but I don't know
However it seems that the real development work has always been and remains with the Army - and progress is strong
The Pyroman was a success - the army required a minimum 35% burn rate ? and we achieved 31% - also commercial FR workwear only requires a 50% burn rate - so we are likely to make good sales when we enter that market (FR on workwear)

They are looking at 6 week updates possibly with a webinar ... but it will be interesting to see how long they can keep that up. Updates should include financials (I hope a regular sales update) and other updates.

Tactical gear / vests - they are looking at law enforcement, prisons and border patrol - not military at the moment - and are chasing big orders / tenders

Cold chain packaging - one area they are looking at is blood bags and this seems to be via the military at least initially (seems like the US military are very aware of AJX's capabilities) - there was something about the ability to get the cooling effective for 24 to 70 hours

Cooling in shoes, boots, (again potentially military), helmets all being looked at
..also potential in the electronics markets - which could be massive.

They have basically locked down their R&D and now moving to commercialise/expand into other areas and as we go thru next year more focus is going to be put on the new revenue areas.