Forget Turnbull. Obama is throwing $19B at it next year alone....

Forget Turnbull. Obama is throwing $19B at it next year alone.

If this thing does what they say it does and makes transactions on the internet card present versus the current solutions which is card not present then it's game over for AYA. These guys wrote the protocols to put EFTPOS into the cellular networks in the 90s. Now they have done it again but using the Internet as the medium to transfer data.

Think about this. Securing your identity over the Internet so EVERY transaction becomes card present i.e. For the first time you finally know for sure who you are dealing with at the other end of the computer and the Internet. Its application is for EVERYONE and EVERYTHING. It's the holy grail with an almost unlimited market.

This could be anything. We have already seen companies like ISX go properly spastic on valuations and this is ISX on steroids!