Thanks Huck. In reply to your note: 1) will await results of the...

Thanks Huck.

In reply to your note:

1) will await results of the competition to see how that translates to ARPU. MIG and E88 are examples of ASX listed tech businesses who could not translate subscribers into meaningful revenue and have lost investors a lot of money.

2) An MOU does not bind either party to enter into an agreement to launch the product. It would likely mean that both parties have agreed to work with each other on a "best endeavours" basis to roll-out the product. As stated in the announcement there is a 90 day exclusivity period for both parties to agree terms and execute a HOA.

Hope it works out.

Cheers