gridComm Business Model- Michael Holt

I had an interesting find today. Michael Holt, the potential future CEO, had given a presentation earlier this year where his vision and business foresight really shows as he discusses the company's diverse business model.



What sets gridComm apart is their technology which it has applied to patent. Before gridComm wireless solutions were used to communicate with the street lights.  gridComm has the unique ability to communicate data over powerlines. And this is where it gets exciting and takes the game to a whole new level.

This creates a communication network over the city's gridline. This network can be used to connect to street lights but it can also be used to connect IOT sensors to monitor things like weather, traffic, CO2 emissions and pollution. gridComm's application isn't just limited to street lights. What's brilliant is that cities pay for this networking infrastructure. gridComm then provides the control and analytics software for a monthly subscription fee. If the company can provide analytics on various things and not just street lights, then it could get some serious revenue from the monthly subscriptions. They already have won contracts in places like China where pollution and traffic analytics would be worth investing in.

The competitors use wireless means of communicating to city street lights. But the wireless  products don't work on the "electrically noisy" (whatever that means) gridlines. This gives gridComm a monopoly, for now at least.

And another thing, don't sell your gridComm shares for peanuts on open day. There has been a lot of negativity around this stock and I suspect it is to manipulate the stock in order for it to open low.