Ann: Sonar MyNet Update, page-10

"As previously announced the Company notes the following cash inflows expected to be received in the June 2017 quarter:
● $0.5 million of the March Placement funds were received from Fidelio on 11 April 2017. The final $0.2 million March Placement funds was approved by Shareholders at a members meeting held on 26 April 2017 and will be received from Directors and executives
● A share placement to Robert Smyth at $0.30 per share to raise $1.0 million pursuant to the Smyth Placement Agreement;
● Receipt from PLDT for circa $750k for Work Zone access points; and
● Research and Development Tax Incentives refund and Export Market Development Grant totalling approximately $0.67 million."

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