Okay getting tired of reading dribble on HC. First post ever.
All in my personal opinion and PDYOR I suspect the MOU announced on 5/4/16 is with GE.
READ the announcement:
"Technology and solutions covered in the proposal are to be tailored for the LARGE SCALE INDUSTRIAL MARKETS including INDUSTRIAL, TRANSPORTATION AND HEALTHCARE SECTORS".
How many "highly successful" US LISTED TECH GIANTS squarely target all three of these markets and can truly be described as an "innovative company" having an "innovative spirit"?
It's funny, cause GE targets INDUSTRIAL, TRANSPORTATION AND HEALTHCARE SECTORS as follows:
GE INDUSTRIAL
http://www.geindustrial.com/
GE TRANSPORTATION
http://www.getransportation.com/
GE HEALTHCARE
http://www.gehealthcare.com/
It's also funny, cause according to the source below INTEL appears to be partnering with GE in the broader industrial IOT space via Predix:
http://www.*.com/sc/intel-and-ge-partnership-expands-predix-availability-2016-8/?r=AU&IR=T
"The goal is to eventually get every industrial company that uses Intel chips — and most of them do — to connect their operations to Predix and start analyzing their operations in greater detail, says Denzil Samuels, global head of channels, alliances, business development and ventures, GE Digital."
Other matters:
As for yesterday's announcement, it's highly advantageous as it raises capital. It's possibly more tax effective for our MD whose LLC company is in the US not Australia. And we have 50 million shares yet to be assigned do we not? Could these be used to close a deal of some sort in the future?
As for the delays in announcements/revenue deals:
Why would any revenue deal be finalized PRIOR to the AGM -at which these necessary proposed changes announced yesterday would need to be ratified?
Why should a revenue deal be expected when we awaiting roll-out of the iPhone app? This is due within the next 10 days surely.
Are we not due for a Q2 report within just days?
(20min delay)