From the quarterly report:
- Zyber makes significant progress towards commercialisation of its platform with the signing of a strategic partnership and Proof of Concept (POC) trial agreements
- POC trials are with large and established organisations with management anticipating commercial agreements at the successful conclusion of the trials
- The Company is in a strong financial position with no debt and cash on hand in excess of $2m
- Expenses in 3QFY16 is distorted by one-off costs and is expected to fall materially
- Zyber has sufficient funds to reach its commercialisation milestones
Fingers crossed, we can expect some large organisations to sign commercial agreements with Zyb soon..if all goes well of course...
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POC trial results with large established organisations
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