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Reflecting on 2018, from Kantara's perspective, it has been a very good year overall. Kantara has significantly consolidated its finances over its 2017 situation and its net membership has grown despite some churn.

COLIN: THE FIRST PART OF THIS MAKES IT SEEM LIKE THERE ARE 3 PROJECTS WHILE THE END MAKES IT APPEAR LIKE THERE ARE 2. The KIPI R&D program has seen two projects progress through to Phase 2 (Execution), with advance to final final stages - Lockstep's MDAV certificate capsules project re-branded as ValidIDy, already in final Phase 3 (Transition to commercialisation) branded as ValIDidy while Phase 3 determination on   and Exponent's MOB4PACS project that uses using smartphones as PIV cards with NFC and BLE has been caught in the federal government shutdownawaiting final clearance to begin its final phase. Both of these are stunningly concepted projects capable of significant commercial exploitation for the right investment partner and I will be happy to introduce interested parties.