"The first mass production was indeed the first production using mass production processes. In particular we have had to develop new assembly methodology to allow for the mass assembly of our extremely small and thin electronic components. This assembly process caused us to come up with innovative methods that have taken us from one-on-one assembly to now mass assembly. This is what we have successfully achieved.
We have done this first mass assembly using a contract electronics manufacturer. This manufacturer is a small capacity manufacturer but using them allowed us to experiment while developing and perfecting the assembly process.
Our next step is to transfer this mass assembly process across to a much larger contract manufacturer who can produce in the numbers we require to meet anticipated demand. We will have more to say about this next important step in a upcoming media release.
We are in talks with a major global card issuer. The significance of this card issuer to our prospective sales is enormous. We have been asked to not disclose details of these talks at this point in time. We are indeed at a critical and very exciting turning point. I do wish I could say more. But all will be forthcoming at the right time and soon. "
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