It does have contacts and revenues from it's JCT acquisition, they reported their first revenue last quarter from JCT of $274K AUD for last quarter.
The company is actually very diversified and has a mining JV which I think they are selling off and other apps as well. But, yes, it's just venture into this new IoT technology area with ADRC and if it's as big as cloud, and this product takes off.......big multiple baggers.
XPE Lounge, page-1697
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