50cent / $1 and $5 party, page-9

Its a great video.

The company has come along way since December 2016 when it was essentially a startup.

The forecast revenues this financial year are US$10.5 to US11 mil which is an approx. 80% increase on last year. This revenue forecast is based on contracts in hand and so therefore represents a minimum.

The Abiomed contract has only just recently begun. We supply the sensors to their new heart pump which is only just started rolling out and is a large reason for its US$15 bil market cap.

We have 12 customers in the microfluiditics market (Abiomed and others) with 6 now producing revenue and the other 6 will come into production over the next year.

With our eartags which are worlds best technology and fully patented we were in 400 plus farms when this video was made and Ralph estimates we will be in thousands over the next year. Zoetis (the worlds largest animal healthcare company) are keen to roll this out as quickly as possible through their 3,000 strong sales force with vet backgrounds as they not only make money on the sales but also on the resultant increased product sales to their customers. Their customer base will also expand as the technology is world leading and there is evidence that yields improve by 7%. This is a significant amount to a farmer that operates on tight margins. You can imagine that once the dairy market is rolling out we will be in a position to move into other significant markets such as pigs and cattle.

Then their is the worldwide movement to digitise mines and with our wireless technology we can accurately located workers and equipment and will soon be adding a gas sensor to the tag which you could imagine would become a necessary requirement/standard for worker safety.

Plus plus plus.

Ralph also indicated that the pipeline for FY 2020 is already greater than 2019.