Ann: Quarterly Report and Appendix 4C, page-2

Looks promising, I particularly like: "The Company has continued to grow the pipeline of opportunities with a number of high quality blue chip retailers moving through the user acceptance testing and the business case development process. A number of clients have also moved through the development and user acceptance testing phases and are in the final stages of contract and implementation negotiations."

Would have been nice to get some idea of projected revenues from the 7-Eleven deal but if they line up anywhere near the projections in the prospectus it puts AO1 in a strong position.

This one is very tightly held with very little liquidity and seems to be (although I hate the phrase) under the radar. For those reasons I don't expect much movement until more news, but if they finalise another one or two of those contracts they are talking about $8m MC could start to look very cheap very quickly.