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Interesting share price, reaching 17.5 cps. Only one seller at 24c. I have no personal knowledge of the exact reason outside of what the company has flagged, but do note the strength of buying recently. What the company has flagged includesThe last quarterly report (along with the $2 million loan facility and the Terms of Agreement recently signed with a major international brand) all pointing in the same direction. That is the signing of major contracts. I would imagine an announcement is imminent.
I quote this from the 27/10/2016 quarterly " The team is currently focused on putting in place additional supply chain capacity and customer field support to meet its 2017 requirements". It is the customer field support of the cloud control that is particularly significant. It is the game changer in a world where internet control of cooler vending machines has become a WDT reality.
