Ann: Vection welcomes Dell OEM Partner, JMC, as a Shareholder, page-21

The sell side has pretty much evaporated following another test on what will hopefully continue to act as support at 0.049 followed by a solid bounce resulting in todays close at 0.053 (the highest close since listing as VR1 & highest in 3 years).

The recent increase in volume reflects an increase in interest by multiple different sources… IMO its likely a combination of initial holders adding to their holdings, new retail recently made aware of the stock & a combination of brokers & even partners such as JMC who after seeing first hand what Vection are working toward are happy to purchase shares ON MARKET in excess of $180,000 initially( & who knows perhaps more since that announcement).

Surely VR1 is destined to sneak higher and push past 0.054 to 3 year highs and blue sky territory in the coming days.

Thanks so much to @lordzhon for sharing the twitter post from no other than Mark Zuckerberg (of Facebook fame) re his and his company’s excitement on the need for and potential in the AR / VR space.  My thought is this will bring tremendous interest especially since (to my knowledge) VR1 : Vection Technologies are the only stock listed on the ASX who target the AR/VR space.
From Zuckerbergs post…” I believe that augmented and virtual reality will be the next major computing platforms and that they'll allow us all to feel closer and more present with each other, even when we can't physically be together. These technologies deliver the feeling of presence -- as if we're right there next to each other -- which no other screen or computing platform can deliver.”
How important is this connection?... especially in this current time when in many places due to Covid we are unable to meet in person either at home or in the workplace, but with this new technology we can meet in the digital environment as if we were side by side using a combination of software & technology partners products such as Logitech VR Ink & Facebook Oculus VR Glasses.

Biggest differentiation I can make is, its not just 1 piece of software VR1 offers, but an entire suite consisting of Mindesk, Frame S & Trainer Creator.  These are industry recognised platforms aimed to bring together the entire customer experience from Design & Engineering, Manufacture, Training, Marketing & Sales, to Maintenance.  VR1 is not just about AR / VR, its also about 3D & the convergence with Industrial IoT and CAD technologies too.

Partnerships & trials with Tier 1 industry leading companies such as Logitech, JMC, Nvidia, HP, HTC Vive, Intel, Varjo, BiRex, SolidWorks, Rhino, Siemens, Volvo, etc. show recognition and integration with market leaders which working together will hopefully result in accelerated takeup of Vections products helping toward their aim of achieving 50% A.R.R. by June 2022.

News seems never ending with this stock… theres generally an announcement every 5-7 trading days. A quick summary of some of the potential news…

Updates on trials with Nvidia,   update on potential $2Million (NIL INTEREST) loan from Italian Government (expected September quarter), the E.U. Grant update potentially $0.5Million (expected by end of October 2020), additional partnership information, further developments to the software suite in the way of upgrades & potential software acquisitions to enhance current offerings,   increased client take up & not to mention expansion into any new client markets & countries (plus whatever surprises they have in the works).

All this potential for a ASX listed, but International based & connected forward looking company with a great looking chart, 79% increase YoY cash receipts, cash on hand with access to multiple other sources of grants & nil/low interest loans, massive (almost) limitless market potential, only approx $46 Million m/cap at 0.053 fyi approx 74% held by top 20 / institutional investors, … anyways, that’s why Im here.  All the best holders and those who are interested.

PS – Put a reminder in your diary to look up the Facebook Connect Event September 16^th.  It will likely bring dramatic attention to the VR / AR / 3D space that VR1 holders could only dream of