"
GridComm’s technology is being deployed in streetlights in three Indonesian cities, including Jakarta, and four Chinese cities, including Nanning and Tianjing. Trials are ongoing in Singapore, Spain, Russia, and Macau.
It claims that it’ll deploy on 100,000 street lights in five cities, with a US$100 initial installation cost and a subsequent charge of US$5 per month per street light."
3 Indonesian cities plus 4 in China = 7 cities.
Then it states 100,000 street lights in 5 cities. I don't understand.
$500k per month, $6m per year is very good and growth is enormous.
Just hope this all works out. I feel dubious
ODN Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held
