As predicted, Ava had to response to each question from the ASX...

As predicted, Ava had to response to each question from the ASX rather than the 2nd release on Friday which was basically 'here is some additional info and who are you to question us'

ASX is a monopoly and by default have regulator like oversight of what companies communicate to the market.....are they necessarily correct; no, but that does not matter if the company wishes to remain a listed company in Australia.

The added bit of information on this is that Telstra can terminate (without cause) on 20 days notice, but it also highlights that all this means is that Ava is now within the Telstra supplier universe and there is some potential revenues from telstra (especially if they have already done some joint testing).

BTW I believe that becoming a TSA is also necessary for selling pens into telstra......so this is no slam dunk, but does seem to open another door