Has it ever occurred to you that they terminated the last MOU...

Has it ever occurred to you that they terminated the last MOU because they had something much better on the cards, something like GridComm maybe? This MOU will be a goer, and it's only at the MOU stage at the moment because of the fact they can just walk away without any legal ramifications, and this is a smart thing, it saves them the hassle of a messy break up... Gridcomm will be earning revenue already next year and this could significantly grow exponential since there is unlimited opportunities for this tech in the world, in every city... Imagine how much governments could save just by switching to LED lighting, then by controlling the brightness in different parts of the city since some parts need more lighting than others... Right now it's just a stupid ON/OFF switch that goes on and off from a timer...

I also don't think the market cap will be too high post consolidation, for a quick example... If they issue 1b shares at 1c each to raise $10m, after paying off debt they will have around $7m in the bank... A further 500,000,000 shares for the acquisition, so say if total amount of shares equal to 2 billion, the market cap at 1.9c will only be $38m... Compare this to other internet of things stocks on the ASX...

POK : $200m @ 20c

RYG: $122m @ 5.2c

The main difference also is both these stocks are pretty much concept only and not earning revenue, whereas gridcomm projected $6m in 2016 and increasing exponentially from there with many revenue streams