so you want to know who is monoco?, page-55

re: damp squib very wet This is now real.

(a) Acceptance of the BQT price.
(b) BQT appointment as approved supplier.
(c) BQT’s technology approved as an “integral part� of our client’s technology.
(d) BQT’s technology approved as “standard equipment�.
(e) Payment terms agreed.
(f) Client’s acceptance of the BQT technology meeting all specifications and testing.
(g) BQT receives ₤4,000,000 (A$9,500,000) on the assignment of BQT’s intellectual property.
(h) BQT to supply product to the value of ₤9,600,000 (A$23,000,000) on Stage 1.