Chris Wood Reply Version 2.0, page-218

This company has nothing till it signs up a "third-party" OEM (not an acquired business) who is ready to onboard their chips as their IOT solution.. doesnt matter if INTEL make the chips and even promotes them.. which it doesn't... all the agreements with third parties to build chips dont amount to third party revenue.. when that day comes this stock will fly and only worth buying in at that time... so many IOT chip manufacturers out there signing commercial deals and these guys think they have an arguable position arguing that they have well deserved salaries .. what a joke!

Salaries are exorbitant every day of the week, particularly for a company that has not even attracted one commercial contract with any recogniseable customer.

If these guys raise capital and end up buying some other rediculous diversification strategy that will be telling. Basically saying no-one wants to deal with us.. lets hope one of our gambles pays off and these guys do enough sales to give us some credibility because we can't get a bite.

Not saying they can't do it, but they got nothing, absolutely nothing, till they got OEM uptake.. good luck raising enough capital to buy samsung so they can buy the chips. Enjoy the dream holders, particularly if it comes to fruition, but if they dont have an OEM within another 6 months they are probably already obsolete or their tech just isn't necessary.