FGL 2.17% 4.7¢ frugl group limited

With just 2 trading days left until official launch, here's some...

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    With just 2 trading days left until official launch, here's some interesting comments from the last announcement to refresh your memory as to the potential of WGL short and long term:

    - The commercial launch of the App in Australia and New Zealand is scheduled for on or before the 15th of June 2016

    - Further updates regarding the public launch will be made as the time approaches.

    - Further key performance improvements observed as the Apps build is finalised with Equinix and Wangle partners.

    - New results on data savings and speed of internet will be published as they come to hand.

    - All testing has been carried out across both Android and iOS ahead of the Apps launch on or before June 15th.

    - Opportunities to reduce App operating costs with our partners identified and now built in.

    - The Australian Communications Access Coordinator (CAC) has approved Wangle’s interception law exemption.

    - This is a significant milestone for the Company and provides a clear path to monetisation.

    - Wangle is now clear to launch the Apple iOS and Android versions of its App in Australia and New Zealand.

    - The data interception capability plan is well underway with lodgement to the CAC this month.

    - Plans are well advanced to expand into additional attractive markets.

    - Regulatory approval from the CAC will cement Wangle’s early mover advantage in the VPN space in Australia and will facilitate the roll out elsewhere.
 
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