Cash in..31 Jan 2019 13:58
The Company has today received a down payment from the distributor for a significant portion of the initial $1.1 million order, which is for the delivery of the Company's Helios Advanced units, together with BIO CAN fuel sensors. This is the first time the Company has deployed this technology in a major project. Delivery of the products by Starcom is due to commence after receipt of a further amount by the customer and the Company will provide a further update once this has been received.