out of the woods ?, page-320

13/11/2015- Xped and leading chip manufacturer collaborate on cutting edge IOT solutions.

8/2/2016- Xped and Nasdaq chipset manufacturer sign MOU to primarily port the ADRC firmware on to the chipsets library. (Most likely Intel)

Also from this announcement- 'The patented technology solution that Xped has developed , along with its capability to be commercialised in the near term, has garnered strong interest from a variety of chipset manufacturers.'

Then we get the MOU announcement in early April with the US Tech Giant which is probably GE now we have all discovered the links it has with Telink as GE is one of their top tier, leading customers and have adopted Telink's BLE (Bluetooth low energy) mesh tech.

Furthermore, Intel capital invested in Telink in 2015 and now we have a CEO and MD from both companies on board with Xped.

Again from this announcement featuring Telink: 'US listed chipset manufacturers have already recognised xped's ADRC technology , and the company continues to work with each group to integrate ADRC Into their respective products'. There is a clear emphasis on plural in both these announcements- not just one company, but a continuous remark of how there is more than one company interested in their tech.

Remember at IOT Asia, NXP struggled to connect a smart fridge according to John Stefanac. This is a multi $million company that Xped made seem a little amateurish. Probably not out of disrespect, but because of the confidence they had that ADRC is the exact solution to their shortcomings.

Now this indicates to me that there are several companies in the testing stages of ADRC with their products, assessing its usefulness and strategy going forward. Once testing is successful, then I believe we are about to make the 'if Xped signs 5 customers in 18 months' statement from TMT look a little foolish

And yeah I think we might be out of the woods quite soon