I'm afraid your summary is rubbish shares!
When an Exec Director (Schultz) goes to the market just a few weeks before the event to say:
"firmly on track to complete the ADRC port to the Telink 8269 chip by end of March, allowing Telink and Xped to jointly market to Telink’s client base which is forecast to grow to 150 million chipsets in 2017"
....they need to deliver, because it looks incompetent not to.
There was NO need to offer the end of March timeline. They chose to.
So they need to announce this evening or before trading on Monday - that they were successful or there is a delay.
A delay is ok - but if the reasons for it are not provided in an update pre-trading Monday, it does not look good.
SP Up!! Announcement Imminent!!, page-38
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