Ann: Placement to raise $3.75 million, page-39

Taken some time to digest this CR and announcement and generally impressed.

- SI & family office, massive tick.
- No Rights issue or offering to retail holders is a good thing (and without offence to anyone, including myself, on here).  We would be at 5cents today if a RI was announced.
- IMO, it seems the customer response to the app has been positive by reading into this particularly the part in bold.
- Note: customer groups (plural) in Australia.

"This new capital, together with our existing capital, will provide the runway and create the certainty required to accelerate the commercialization of the ePAT Dementia App with these customer groups, in Australia commencing Q4 2017 and in Europe from Q2 2018. This includes fast tracking new recruitment in the area of sales and clinical support"

Clinical support suggests uptake in the app.

- FDA process funding now guaranteed.
- Kids app (development and commercialisation) now guaranteed.

We now have $6+million to get these products rolled out to the market.

All positive aspects here.  GLTA.