Hmm... The Oceaneering contact was announced at $100k in December 2016 then ramped up to more offices in an announcement on 28/4/17. This announcement says it was rolled out to all offices in December 2016. But still 70% of predicted revenue is probably their most honest announcement. There was talk of expanding it to Oceaneering international but doesn't look like that's happened.
Bit blase ditching the Cytec agreement without telling anyone. It was worth as much as JMP which was announced with great fanfare. If gaining a $35k sale is important then losing one of the same value is important.
So of the Corona contracts that "now exceed $500,000 per annum" there is $100,000 in actual revenue (assuming Commsys generate $4-5000 of the $7000 "maximum revenue")
At least now we know where things stand. Hopefully this announcement was in the interests of being honest with the market and not due to a prod from the ASX because of Creatures efforts.
Hmm... The Oceaneering contact was announced at $100k in...
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