good move, page-4

Yes Walt

The stated holdings of top brass in ERG is paltry by any analysis.


Ingot Securities through Duncan saville holds over 50% and is not faltering.

There was very big turnover today and a good rise.

AFC in the final analysis will be just the proverbial foot in the door.

The real significance of what is happening is the ability of the scard to act as a cashless wallet, enabled to be opden in many and varied commercial situations...and the ability of MASS to reconcile commercial activity and report on this...


So far Octopus is leading the way. It has not advanced as much as was expected. Ezlink will catch-up and maybe move beyond.
It is intertesting to note that it is asian cultures and to the fore in this area.
The projects in Sydney, San Francisco, and Seattle are known for thier AFC complexity in trerms of number of customers and the varied number of tickets....

Progress is being made and if thse projects are delivered then ERG will grow considerably in stature as a purveyor of Public Transit solutions.