You are right. It is another promise. A few things just do not...

You are right. It is another promise. A few things just do not ring true.
There is a lot of spin in this.
I could not help but look at NET when the 4C came out.

Spin item number 1.
IlinkAll's first client is a nice development but when you look at who Hangzhou Tanggu Network Technology Co., Ltd is it turns out that the last calendar year they had revenue of $129,000. It is a very small company with probably a hand ful of users.
INDUSTRYLOCATION TYPECOUNTRY/REGIONSALES REVENUE
Hangzhou Tanggu Network Technology Co., Ltd.
Business Credit
ReportsGovernment SectorIndependent
HangzhouZhejiangChina
$129K

Spin Item 2.
VSN software is being applied to autonomous vehicles in China. This sounds like a rehash of NET selling its software to VW. This can not be BYD since BYD is already set on this with DiLink. So which car company are we talking about then? We will get this information next quarter.
See: http://www.china.org.cn/business/2018-07/27/content_57840853.htm

Spin Item 3.
"IlinkAll Engineers are collaborating with Cloud Services Providers to design and implement" This should have been done by now in order to "enable people to work remotely from home". This is really peculiar. There are many Chinese as well as Cisco et al that already are doing this for companies all over the world. If NET is still collaborating this means that NET has missed the boat. I know, wait til next quarter for this promise to come good.

Spin Item 4.
"Several international companies are in the iLinkAll Beijing IOT lab testing"
What on earth is going on? Still testing? No mention of which companies for fear of shareholders confirming or refuting the statement. Yes, it is "anticipated" that there will be ...you guessed it further contracts in the June quarter. I hope NET means the June quarter 2020.

I could keep going but there are limits.