ZYB 0.00% 1.5¢ zyber holdings ltd

POC trial results with large established organisations

  1. 722 Posts.
    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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