LBT 0.00% 1.4¢ lbt innovations limited

those 5 machines have been sold to customers.clarified in last...

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    those 5 machines have been sold to customers.

    clarified in last investor call BB stayed unequivocally that they are not being used by thermo as trial machines and in turn moved around the country from site to site.

    he has earlier stated that there is a confidentiality clause with thermo stating they can’t say where the purchase order ended up finally.

    but it’s a great point and the question was put very flatly to BB, he answered directly that the machines shipped to thermo are with customers….and that also two of those are large organisations with potential for more sales.

    back when the thermo deal was signed they spoke about the amount of due diligence thermo did before they signed was quite significant and that they spoke to numerous potential customers before deciding they could sell these things.

    on the recent investor call they indicated more sales potentially this calendar year but the real fruits of the thermo United States deal will be next calendar year due to 12-18 mth sales cycle.

    we haven’t year hit 12 mth mark yet.

    for better or worse, I just wanted us to be clear on the details

    gltah




    Last edited by CaptainDrones: 09/08/22
 
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