Ann: Xped Signs JV Agreement for China Expansion-XPE.AX, page-14

Hmm , good news in terms of laying the 'groundwork' for a distribution channel and 'progress'.

But it is definitely nothing revenue based yet again, and certainly not the blue sky alot of posters were hoping. Price should still get a lift anyway, but still waiting for that announcement re: money bags coming in.

I guess it was in the writing when they mentioned 'material agreement', and chose not to describe any revenue or signed manufacturing agreements in the wording. I had thought the agreement would have been something on the xerts or the leap in locks than on a new JV and distribution channel news.