Ann: Quarterly Activity Report and Appendix 4C, page-2

Okay first read through and seems a good report.

Receipts are up for the quarter and half year from last year [Qtr increases from Dec20 $2.177m to Dec21 $2.849m] and [Half Year increases from $3.915m to $5.725m]

Forward outlook looks positive and they are potentially new products coming onboard
"Looking forward to 2H FY2022, the Company expects the 1H FY2022 positive trend for improving revenue and EBITDA to continue. This will be driven by new revenue streams which are beginning in 2H FY2022 as new customers adopt Biocool™ and Eclipsys™ products."

Yes there may be some covid softening in bedding sales but this will be made up with new customers coming on board.

I'm happy and somewhat pleased with the letter of credit - cash was getting a little low and this will prop up and give us a good position going forward for the next few years and this will stop them going to shareholders at what is a current low shareprice.


I also suspect the cooling on Body armour is getting alot of market attention
"Alexium is currently working with multiple segments of the body armor market as a focal point for commercialization of the Eclipsys™ technology in addition to various bedding applications"


And the FR on military seems to be progressing smoothly.