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Ann: Appendix 4C - monthly, page-12

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  1. 848 Posts.
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    Ok guys, just had a good chat with Jason.
    1. The $591k credit sales = refunds which were highlighted in the half year accounts due to a product not being delivered. Without re-tracing, I remember something about that now.
    2. Still waiting on the Austrac registration
    3. Trying to achieve a "point of difference" with other exchanges and are trying to establish a pairing with a financial institution - discussions underway
    4. The bulk of testing and coding has been completed - it's more now the new or point of difference functionality that will need testing and coding etc. IMO the actual exchange will still be 2-3 months away. Jason thought less than 3 months.
    5. The Board has received MSN's email; and are considering it. IMO - it has been filed in the never to be discussed file - but that's my personal opinion - doesn't hurt to try though.
    6. Once Asic are ok with everything then hopefully asx will lift the suspension.

    So we still have a glimmer of hope.
 
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