On the one hand we have this from Dr Wenjun Sheng:
"The opportunity at hand is significant; IoT is the future and the joint collaboration and porting of Xped's software onto our Telink Chips will add significant value. The combination of both Telink and Xped's technology will provide access to new channels and revenue opportunities for both companies, as well as giving prospective and existing customers of both Telink and Xped fresh and innovative optionality that until now has never been available."
On the other hand we have a bunch of unsubstantiated riff-raff:
Stefanof:
"at the moment it does not look good"
Trader10:
'That's why I am very wary about trading right now here... something is definitely not right... where is smoke... there is fire"
Investorsal:
"I wonder if they will keep on putting up company updates to try and keep the share price up. If not down we go
Guruone:
"the whole thing is smoke and mirrors" and "you don't get paid for crap technology!"
Bottom line - its all about cred. Who of the above commentors, has it?
Let's start with Dr Sheng.
ME and PhD in Electrical Engineering
15 years of semiconductor industry experience
Previously held key technical positions with industry leaders Qualcomm and Silicon Labs
Has demonstrated an ability 'to grow businesses from inception, to first revenue and profitability in an effective and accelerated manner'
Holds 30 patents in RF and mixed‐signal IC design
Is a member of China’s top recruitment program of global experts “Thousand Talents Program”.
CEO of company (Telink) which has the vision to become the world's leading IOT connectivity chip supplier
CEO of company recognised as having the world's first all in one IoT Chip in 2015
CEO of company with over 10 chips in mass production, with offices in USA, Taiwan and China.
CEO of company with one of the lowest cost producers of IoT chips in the world, which makes it more affordable for companies to adopt this technology
CEO of one of the only companies with true mature Bluetooth Low Energy ("BLE") mesh technology
CEO of company with a number of key patents that cover the BLE field.
CEO of company which currently supplies its chips to leading customers, including GE, who have adopted Telink's BLE mesh and produces in excess of 5m chips a month.
CEO of company that Intel Capital identified the opportunity to invest in in 2015 and which continues to actively support the company as it continues to ramp up its production capability and range of product offerings.
CEO of company which achieved revenue of over US$15M in 2015, and expects to triple its revenue earnings by end of 2016
Now for Guruone, Investorsal, Trader10 and Stefanof and their ilk.
Hey boys or girls, could you now add your relevant experience and quals so we have some basis with which to rate your comments against those of Dr Sheng?
You wouldn't want the punters here to think that you could not even hold a candle to Dr Sheng in terms of cred. Would you now?
(20min delay)