Ann: Market Update, page-33

@iSad56 it's worth clarifying your comment in regards to CVT having no customers.

They do service the Australian Government and Barmer in Germany.

It's also worth remembering that CVT's product is the only secure file sharing service with tier 2 Government clearance in the UK. THis is no easy feet to achieve and the testing that was performed by the UK Gov certainly validates that CVT's product is legit and works just fine.

Maybe it's worth asking Ted at the EGM why we weren't successful and who the other party was. Maybe it was a UK security firm and national interest had something to do with it? I do recall Macquarie around the time of the tender process were receiving huge negative media and sentiment throughout the UK Gov in regards to their proposed takeover of the Green Bank -

http://www.smh.com.au/business/bank...ns-green-investment-bank-20161221-gtg55k.html
http://www.thetimes.co.uk/article/vampire-roo-raises-stakes-for-green-bank-95rp6j6dp

Was there pressure on the Government to award this domestically to a potentially cheaper tender with less bells and whistles? All of this media attention in regards to another Australian company may not have assisted Covata's bid process.