i contacted zylotech

To those posters interested in ZYL I contacted the company and asked a few questions and was given the following update.

The Martin Place Securities presentation was attended by Brokers, sub-underwiters and institutional investors.

They won't be looking at share issues or debt to fund growth at this minute but will look at that further down the track and only if required.

They are looking at further broker presentations to raise awareness in the company.

They have the wheels in motion for two prominent installations in the UK and Greece which hopefully will kick off some overseas contracts.

They are also negotiating representation in Singapore with 3 potential partners to service the SE Asia area.

ZYL are pursuing more Tier 2 and Tier 3 resellers/partners, to be able to bring the sales cycle down to weeks rather than months.

Cheers

Cobby