im hoping they can reach settlement with the south africans and get the $1 million released...
also should get a decent whack back from the ATO. best case scenario they might not need to raise capital until the sp improves. however cant guarantee this, very good chance they will call a rights issue.
have made plenty of calls re ddt technology including a call to carsafe australia. they still maintain datadots wovm procedure is the number 1 deterrent against organized car theft. also the robot worked very well, no problems with the tech. the problem with the auto industry is clearly widespread with the manufacturers sales slow downs. as can be seen by some of my recent postings, the problem with professional car theft is not going away so the comments from carsafe australia were very reassuring. however you cannot force manufacturers to come to the party...
many other applications aside from car's which the company seem to be going to increase efforts on. can be used on virtually any asset including passport, birth certificates etc. india have adopted it on tax stamps. some casino's use it on chips. look up verifi tt, designer clothing can now be protected from counterfeiting. can be used in concrete to ensure correct grades are being used in building. also paints etc... list is endless.
lots of potential, those that claim the tech is outdated are clearly ignorant as i went to the top today, ceo of carsafe australia who again states "number 1 deterrent against professional theft"...
lets see if the company can kick some goals with some non auto deals.
DDT Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
