re: Ann: Press Release - XTEK & Morgan Announ... thanks poloker,...

re: Ann: Press Release - XTEK & Morgan Announ... thanks poloker, what an interview! the chairman just confirmed what I said all along:

1. annual turnover for FY14 will be much north than 4.5mil declared in 2013
2. all indications suggested cash profit in 2H
3. high margin for its technology, 40%
4. Xclave half way through, has been discussing with US defence manufacture for potential JV and license fee
5. inventor of Xclave hold quite a bit shares in the company

what's new:
1. UAV business is doing well, will bid 100Mil UAV contract next year.

and he said he couldn't buy more shares because its close period based on ASIC rules.

I expect XTEK announcement Monday or Tuesday to make information symmetrical, not only available to Eureka report subscriber.

we are good for 10c in June, very good.