The Board of OVT provided ongoing oversight of the progress of this Report during the quarter and approved key executive hires upon recommendation of Mr Keast. These key executive appointments include the Chief Revenue Officer, Chief Credit Risk Officer and numerous advisors including CIO/CTO, Treasury and EAS.Post quarter-end, on 28 January 2025, Mr Keast presented his final Report to the Board of OVT.The Board of OVT is currently conducting a review of this extensive Report and is due to meet again to provide their input to Mr Keast and the executive team. OVT shall then have the Company lawyers conduct a legal review of the Report in order to progress it to final sign-off and ASX market release. The Report contains highly sensitive commercial matters integral to the strategic plans of the Company to aggressively enter the USA BNPL market. These matters include the competitive advantages OVT sees itself having in the market. The Board in conducting their review of the Report must engage legal advice in order to sanitise this Report for ASX release and redact highly sensitive strategic items from the view of competitors. The Board is pleased to confirm that the Report presented to it by Mr Keast delivers on all stated KPIs from the ASX announcement of 17 October 2024. Specifically, in all areas the KPIs have been fully satisfied and numerous KPIs have been exceeded
OVT Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
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