Matt Birney

Wireless technology company Connected IO has produced another imaginative “internet of things” product that looks certain to be a hit. The company has just released its latest wearable body camera for the police and security sectors and they are looking to target markets like the UK, US, Canada, Germany, Netherlands, Dubai and Australia for the cutting-edge device.

Auroch Minerals now have $8.3m in liquid assets after the UK-based buyer of their Manica gold project in Mozambique came up with more cash and shares as part of last month’s settlement agreement. Auroch will soon be owed only $US1.2m from last year’s $US12m sale and will have enough financial horsepower to fund an exciting Lithium exploration program in Namibia.

You know the auto pilot is starting to kick in when you reduce your marketing spend by over $3m and your revenue jumps by $2m anyway. Such was the case in the December half year for ASX listed online screening and verification company CVCheck. Revenues for the half year jumped from $2.9m to $4.9m and costs appear to be well and truly under control. 

Financial technology and ATM machine company Stargroup has posted strong growth in its half-year result, delivering the company's best-ever revenue of more than $4 million for the half year. The company says the impressive result was driven by record revenues from its ATM network and they are expecting even better results next quarter after some cost savings kick in. 

ASX-listed Sky and Space Global says its first three miniature telecommunications satellites known as “nano-satellites” are now ready for launch after the completion of final testing in Europe. The nano-satellites are scheduled for launch on board the Indian Space Research Organisation’s Polar Satellite Launch Vehicle in the second quarter of this year.

Lithium Australia re-wrote the corporate play book in the last couple of weeks to achieve unfettered ownership and control of their unique Lithium processing IP known as Sileach. They have been locked in mortal legal combat with Lepidico over their IP rights and just a couple of weeks after Lithium Australia launched a takeover bid for Lepidico the legal action has been settled. 

ASX listed Perth financial technology company Peppermint Innovation may have discovered a lucrative new route to market for their interesting mobile bill payment technology. The company recently appointed Metro Gas Sales inc, a domestic gas bottle delivery company in the Philippines with over 60,000 household customers as a Peppermint agent.

The board of Australia’s newest Lithium producer, Neometals, have signaled their confidence in the company’s finances by introducing a share buyback valued at up to $5 million over the next 12 months. The move follows the recent start of production at Mt Marion, which will generate plenty of cash and add to an already strong balance sheet.

Medical device company Analytica have produced a set of clinical trial results that according to the company, tick every major box in the fight against urinary stress incontinence in women. They recently put a mark 2 version of their urinary incontinence device known as the “PeriCoach” to the test in independent clinical trials with some rather interesting results.