Ann: June Quarterly Activity and Cashflow Report-SAS.AX, page-2

Looks good to me, remember 400/800K were regarding expenses of the transaction. Minimal cash burn until launch.

The are working on additional contracts with telcos which will further bolster the commercial potential of SAS. They also remain on track to meet a number of development milestones this quarter with launch in 2017.

Not a good day, many selling at a loss which is very unfortunate but a promising future awaits.