@abo, everyone here shares your disappointment / frustration...

@abo, everyone here shares your disappointment / frustration with the share price. I too have broken a few investment rules with CVT and unfortunately to my detriment, however Iam not about to jump ship. With a market cap of ~ $65mil with $13mil in the bank, this coil is tightly wound. Can the share price go lower? absolutely. Is this company going out the back door? absolutely not!

TT has always said that he believes 2017 to be the year we will see the revenue flow. I do not believe this timeline has changed. Those expecting substantial revenue this year will continue to be disappointed. I believe this will be supported by the successful execution of the Prime Tender contract, where by TT has said this is a circa 10 year deal worth $200mil. CVT is one of a couple of businesses that will be delivering on this contract, hence a percentage of the potential $200mil would come our way. The successful delivery of FCOS will see the UK Government revenue start to flow this year and continually build into next year. I also believe that possibly T Systems or even Cisco will deliver wins for CVT into the back end of 2016.

@shawdowplay I think your call in regards to Brexit is off the mark. Do you honestly think one country not wanting to play happy family with the rest of the union has implications in regards to companies & governments looking to secure their data? I believe that it may have an impact on future revenue streams for those companies in the UK doing business elsewhere & more specifically in the EU, however I don't believe it changes the need for these organisation to allocate resources in securing their data, if anything I would think the risk of an attack / breach only increases as a result. TT has said that they see this as a positive for CVT.

In regards to @flyover 's post around a couple of European countries debating the need for encryption on data messaging to curb extremism / lone wolf attacks, I don't believe it will affect CVT and or the products we sell. We don't operate in the space. Could any of these Governments impose a blanket ban on encryption? possibly, however I believe it would be highly unlikely, you would expect any CEO / Board worth their paycheck to be heavily opposed to this as the risks it would open their business up to would be huge. It would be a field day for hackers knowing that corporates / Governments can not protect their information securely.

I don't believe people can be drawing comparisons with ZYB & CVT, yes they may have a 'similar' product, however ZYB is many years behind CVT in terms of product validation, let alone Government clearance and channel partners. ZYB has yet to even prove that their product works, let alone derive any revenue from it. Their CEO got punted earlier this year, ours has been there since day dot. They have a number of free trials taking place, with companies no one has heard of and with a market cap of $2mil and about $1mil in the bank, I don't think anymore needs to be said.

I suspect TT will be on the phone over the weekend talking to a few of the Top #20 and even a few prospectives. I believe we will see a change in substantial notice soon and if we are lucky we might even get a reverse speeding ticket from the ASX, although I wouldn't hold my breath. I take confidence out of the fact that both T-Systems and Cisco stated in their latest business updates that they believe the data security space is a key focus for their businesses going forward and they see huge opportunity to grow and deliver as our world becomes more connected via IOT.

I enjoy this forum as there is a good mix of positive and negative contributors, however the negatives are coming thick and fast at the moment.

I've had my rant for a Sunday