OAK 6.67% 6.4¢ oakridge international limited

Ann: Company Update, page-51

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  1. 162 Posts.
    They will also be counting about $.5M coming in on Jan17 from the conversion of BOO.

    Looking again at the update
    The INTEL section holds some very big potential money streams. The monetization of the smart home APP may not be far off.
    "the Xped smart home APP to seamlessly onboard and control 100s of off-the-shelf devices that use WiFi, BLE, Zigbee and Z-wave protocols. This gateway software will be used on Intel-based gateway solutions provided by companies like Cybertan, Advantech, and Arcadyan. To date, we have validated roughly 80 devices with our solution and have a target of more than 150 devices prior to the end of Q3 ’17. "
    This looks a lot like the iPark level entry to the market. Whilst there may not be many home devices that sell 4M a month we are talking about 230 (as starters) devices here. If Xped succeeds in this market this will be consistent big revenue and that is only at the beginning. IMHO DYOR
 
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