1. XTV has the product order (2500) in the pipeline. 2. End...

1. XTV has the product order (2500) in the pipeline.
2. End customers want product to be delivered after July 1, 2016.
3. AT&T retracted LOI & initial contracts for convenience reasons.
4. Management is engaging alernatives suppliers to ensure the product meets customer requirement.


Please let me know if any thing was missed.

My takeaway is:

1. A supplier agreement has to come in near future to enable product meet delivery deadline (1- 4 weeks)
2. AT&T may not walk away completely, there is still a possibility that they come back once the specific inaccuracies are corrected, if XTV board wish to pursue this option.
3. There may be new JV opportunities for XTV as something has to happen quickly.

These are my opinions only, please DYOR.

I believe the news may come at anytime given the urgency of the order.

Holding firm and do not panic.

Any good news will send this SP sky rocket high.