Since the last CR in late June Quantify have given themselves a more attractive outlook after:
• They entered into an Agreement with Intelligent Home Technology Centre, for the distribution of the Company’s products in Western Australia.
• Have entered into an Agreement with 8Digital, for the distribution of the Company’s products in Queensland.
• Have been granted Patent protection for the Company’s technology in the USA.
• Entered into an Agreement with ASI Electrics for the distribution of its products in Victoria.
• Signed a Memorandum of Understanding with Energy Trade Pty Ltd for the inclusion of the Company’s products into Energy Trade’s sales.
• Integrated Google’s intelligent voice technology into its devices.
• Entered into an agreement with Fokused Pty Ltd becoming the exclusive Stocking Distributor in Western Australia and committed to an initial $250K stocking order.
• Signed a Memorandum of Understanding with Honeywell to participate in the PropTech Hub Program.
• Quantify has signed a Heads of Agreement with Blaq Projects to deliver devices in 267 apartments in Wollongong, NSW worth $500k.
• QFY and Harvey Norman Commercial Division have signed an exclusive, three-year Heads of Agreement with ACT-based 3 Property Group, which will see all future 3 Property Group projects feature Quantify products.
• Quantify Technology have agreed with Sydney-based Stable Group to install their products in 18 luxury townhouses in Sydney’s northern beaches and another $500k stocking order.
All this in 6 months, everything keeps building and building, coiling and coiling, until.. BOOOM!!!.
To add to all this the Smart Home Market is set to Reach $622.59 Billion by 2026.
So, Now, they look better, funding has become easier and until we see the structure of the raise I can speculate that, it might have a nice fat hair coiling addition attached to the raise details.
Speculatively speaking of course.
I don't know why my letter got bigger once submitted.. Looks normal during the draft.
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