Well done Tim,
As we are not selling the units only the membranes it should not be showing in the qtrs sales units.
It would be good if people read the update before posting on hotcopper.
Step Anticipated orders Expected timing
1. Commencement of MPS field trials
20,000 unit order has been received
by SBL
December 2008
2. Completion of MPS field trials and
receipt of trial reports from cities
Further 40,000 to 60,000 units for
completion of trials
End of March 2009
3. Application for final product
approval
None though some trial sales may
continue during the approval period
Second half of CY
2009
Under the agreement with Siyi, SBL supplies the OraLine detection strips to Siyi, and, in the early
stages, also provides assistance to Siyi regarding the manufacture of the finished products through
OEM contracts. SBL earns its revenue and profits from the sale of the strips as the product housings
are sourced separately by Siyi.
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