No doubt when that happens there will be a bump and day traders may make it a nice bump but will it last? I'm not to sure, and I believe the real catalyst will be when we get a glimpse of how lucrative(or not) the royalties from the Eagleview deal are. We won't see that until the first cheque arrives.
I made a query to the company a few days ago and this what the gist I what I got back:
1. will start our commercialisation program in Dec/Jan
I read that to be late January due to the Christmas break though it would be nice if they did a open stress test over the break just to trouble shoot any problems and give us a looksee. Not holding my breath though.
2. we have started capturing Perth and will start to roll out a Urban capture program including Melbourne, Adelaide, Darwin, Sydney and Brisbane at 5cms on a quarterly basis.
Looks like the aussie launch will be a soft one. They obviously don't have the funds for a fast rollout. NEA currently captures at 7.5 cm but their Hypercam 2 will also capture at 5cm. Plus they capture the major cities 6 times a year. Looks like NEA has the edge here still unless SFI can prove superior tech(better quality pics/interface).
3. We have set our pricing model. We have a State & National pricing structure based on a per seat basis.
That's the way NEA used to do it? I think they have moved on to a data usage model? Will be interesting to see what the data limit per seat is. NEA's was ridiculously low for private users.
4. We will have a Web Map Tile Service (WMTS) or a simple SiteViewer browser interface.
No idea about this...
I was going to double down on my peanut investment in SFI, but have decided that SFI arn't going to provide any immediate danger to NEA ,so have split my nuts and got back into NEA.
I still love ya SFI, don't be jealous!
SFI Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held
