OAK 0.00% 6.2¢ oakridge international limited

Ann: Acquisition of Artificial Intelligence Company Jemsoft, page-92

  1. 3,407 Posts.
    lightbulb Created with Sketch. 213
    Point is this:

    - Founders developed ADRC for IOT - no sales as yet
    - Company purchased revenue through JCT Healthcare...ADRC applications in Health (which Marty earmarked as a focus as it is personally relevant to him also sadly)...no current ADRC sales in healthcare however
    - Now moving into AI which of course is an emerging market but will of course be monopolized by big players much in the way IOT myriad sectors will also.

    If Xped can't penetrate IOT markets of which there are countless what makes you think they will succeed in AI?

    Appears to be purchasing of revenue...once again IMO
 
watchlist Created with Sketch. Add OAK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.