Exactly what it is Jonathan - this was never going to be a fly by the seat of pants IPO , lets face it, its boring as hell. A recent experience I had only last week with a Company setup, ASIC data could not AML the directors information provided through the Financier, this was due too ASIC database not being updated, the problem this had caused was crazy not only for the company directors but for all parties involved. Having a Auto system with direct updates as changes are made will fix this issue and further to that the block chain technology has the potential to make KYK a firm leader in this space. Yes as mentioned there is no Patent, but with clear development and capabilities already in practice I'm sure there will be no issue from a contractual aspect, lets not forget this is not just Australian based Company this is a Worldwide company with Unlimited potential. From an IPO buyer this would be hard watch, but again John if you find the floor and execute you will do very well.
KYK Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held