Ann: Quarterly Activity - Milestones done. Jan-17 activity surges, page-2

Great update, with traction forming across the business and management delivering on expectations.

My key takeaways:

1. Expenditure came in under budget which shows good cost discipline from management.
2. Barclays and Suncorp have already substantially exceeded their expectations for initial customer uptake (pre-any real marketing spend).
3. Marketing spend expected to be deployed in February which is expected to be transformational for customer acquisition.
4. First customer update by the end of February, then quarterly going forward.
5. Recent enquiries include further large North American banks and two other significant European banks. With a planned visit by a team from a major US bank to visit 9 Spokes headquarters, after a number of workshops in the US.
6. In response to the success of the QuickBooks initiative, several co-marketing initiatives in place for the March quarter.