Ann: ISX AGM December quarter trading update and guidance upgrade, page-11

I attended the AGM and came away happy.
They have been frustrated with the slower than expected timeline but believe the product is now more robust than earlier model which results in more trust from potential customers and Regulators.
More Card schemes to be announced along with Visa,MasterCard and JCB.
Working on more patents to keep out potential competitors but believe the challenges that have resulted in the slower than liked growth also makes it more difficult for any new disrupters.
Pay identity has been the key to attracting more customers and will underpin growth.
Aware of shareholder frustration with share price and feel it will take cashflow positive to change it but reminded us that they have skin in the game and want it to happen too.