Ok NXR we have seen our SP rise 50% in the last 2 weeks. A brief run down on the facts so far:
1. NXR has recently increased its interest in Wavefront Biometric Technologies Pty Ltd (WBT) to 30% (and has the right to acquire a 51% interest). WBT has developed and patented a unique biometric technology for reliable and secure authentication of a person’s identity.
2. The current phase of the development program aimed at adapting the technology to a mobile platform is in progress and on track for completion in February 2015. This work is focussing on improving the design and performance of the prototype unit and includes completing a series of performance tests of the prototype unit.
3.Two of the four planned tests have been successfully completed to date.
4. WBT has also recently initiated commercialisation discussions with participants in the financial services and military / security sectors.
5. Large commercial multinational company's such as Samsung seek market edge through eye biometric identification (Iris or Corneal)
6. Corneal topography is without any compromise on integrity. Stephen Mason (Optometrist/Inventor) has yet to identify "achilles heel" in the technology after more than 10 years researching.
7. WBT have the sole patent on Corneal Topography
8. NXR/WBT may very well be standing on the edge of a "biometric revolution in authentic identification on a global commercial/military/government/financial platform."
GLTA DYOR
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