Ann: Completion of Share Purchase Plan raises $240,500, page-7

It's really an unfortunate disposition that CCP finds itself in.

The Penta investment at the time was a good move in my opinion, block chain was all the hype and although that bubble has burst - CCP has repeatably informed us about it's strategy to utilize blockchain for cold chain supply monitoring. So although we got a bad outcome from the Penta investment, I hope they were able to secure some blockchain development work with Penta and or got some experience from the technology so they can advance their service offering.  - Which sounds like they have based on this trail:

"CCP’s smart tags have recently been deployed to feed data into a blockchain to underpin smart contracts associated with air shipments of beef to SE Asia. This trial is expected to lead to commercial deployment of the Blockchain"

Without a doubt the management team are working hard to win contracts as evident in the number of trails that are going on.
I imagine they wanted to use the SPP as a bridge until August so they could cash in the remainder Penta/Eth tokens.

There has not been any red flags in the last 20+months I have been following this stock - though with the recent cash receipts in the last QTR it seems significantly low given they received payment for development work on the new infra red sensors and supposedly secured new customers in the US.  This has raised an eye brow for me and has got me wondering if this means they lost customers?

The first tranche from the White Tiger JV expires soon, is it possible this new pH monitoring solution can deliver the $250k for White Tiger to secure 25M shares? We will have to wait and see, next tranche is $500k within 12months.

I count over 10 trails in progress, many with significant revenue potential - I sincerely hope management keeps holders informed on progress and if the progress looks good, I may just be tempted to buy more. No doubt if some of these trails convert, we will be up a few hundred percent. Management are going to have tighten spending and stretch the tank as much possible. Raising capital for specs in this current market sentiment is not pretty.

I have been a big advocate of CCP over the last year and do apologize if anyone bought in on my recommendations.