In the past six months, we initiated and dealt with three foreign mass producers of concrete elements who showed a strong interest in the acquisition of a production and license for LiCrete elements. However, sufficient experience with the real operation of the production line and the need to invest in sufficient input components for this purpose is still needed. Furthermore, the future trade is bound to a detailed license agreement that will be one of the major tasks and investments for this year. Apart from that we plan to secure funding for the next phase of the project, expand the team, test a semi-automatic production line at its full capacity, specify the production costs associated with mass production, establish the company’s headquarters including warehouse and space for presentation of a sample production line to buyers, prepare marketing materials and all the necessary documents for the sale of the first licenses for 2020. Based on the above results, the project appears to be feasible in terms of technical feasibility, economic balance and market potential. We therefore plan to proceed actively to implement it and enter it into the second phase of the SME Instrument project.