Ann: Change of substantial holder and extension of escrow, page-3

It's the locking down of anything binding from the MOU with Shandong that will seriously drive some value here imo (among other OS possibilities)..........but the current business is certainly looking solid in terms of month on month growth. Keep those monthly figures growing while stabilizing monthly cost base and we'll hopefully see steady value gain.

"In May, there were more than half a million international students in Australia from 200 countries of which 171,000 were Chinese students"......

"This MOU provides iCollege with access to 100,000 students through a single point partnership"............

"The MOU is non-binding but obligates the parties to negotiate in good faith and use their respective best endeavours to conclude final binding agreements(Final Agreements) as soon as is reasonably practical".....................

"This agreement represents an enormous opportunity for iCollege to continue to grow its international student numbers"..........

Then there's the India connection............"There are currently over 70,000 Indian students studying in Australia.......iStudy Australia (India) signed a partnership agreement with Avanse Education Loans"........."iStudy will receive a trailing commission on all loans written".

Grabbing a slice of the India market could certainly prove lucrative...........

"Avanse is an associate company of Dewan Housing Finance Corporation Limited (DHFL). DHFL is listed on the Mumbai Stock Exchange and is India’s second largest private housing finance company. The International Finance Corporation (IFC) is an arm of the World Bank and holds a 20% stake in Avanse"........

They are on track and progressing steadily........just need to watch those monthly spends and keep doing what they're doing.