FGL (ASX) Wangle future

Originally posted by agentsmith ↑

As we await the imminent release of the app, let us reflect on some of the spectacular claims that are soon to be realised, or not, by Wangle Technologies. At this end of the market, honest hard working folk can often be fleeced by ‘buying into’ such outlandish speculative claims. Critics might even point to this stock as having the hallmarks of the next big ASX hoax.
The Wangle story even reads like the script of HBO’s tv-series Silicon Valley, which follows a team of would-be zillionaires in their bid to create a foundational technology. Like Wangle, they want to make and sell a product that will come to underlie other technologies.
In the tv show, fictionally, the characters decide their best chance of creating such a “deep tech” solution is to make a new and powerful compression algorithm. Meanwhile, back in the real world Wangle’s decided to do much the same thing. But exactly how far removed from reality are we fellow Wanglers? That’s what we’re all about to find out!
The stakes are high and for many long term holders this has been a quite a ride. For myself, there’s always been a belief that those behind this technology and its’ potential applications are not fraudsters, rather talented individuals on the cusp of something revolutionary. But that's just the opinion of an eternal optimist, so be wary of such sentiment.
Anyhoo ... let's recap on some of the highlights of recent Wangle announcements:
- Material speed performance & data savings testing results demonstrate Wangle’s competitive advantage (against named business entities) prior to app launch;
- Ongoing internal testing of the Wangle App prior to launch has demonstrated material performance benefits in comparison to peers:
- The Wangle app achieves data savings of up to 65%.
- The Wangle app improves speeds at up to:
- 516% using 3G connections in metropolitan areas;
-43% using 4G connections in metropolitan areas;
-1030% using SDSL connections up to 20Mbit;
- 181% using internet connections over 20Mbit.
- The Wangle Microchip will open up additional growth opportunities for Wangle in the electronic manufacturing, telecoms and the Internet of Things (IoT) sector.
- Enterprise partnerships can commence for the company upon completion of the chip development in 2017.
- Power Skills have conducted thorough due diligence, providing further validation of the Wangle technology.
- Wangle Technologies has partnered with ironSource, a world leader in app discovery (http://www.ironsrc.com/) to provide global app distribution services for Wangle’s revolutionary web optimisation app.
- Wangle Technologies lodged new patent for profiling network traffic using unique session-based algorithms.
- The Company can now identify behaviour change in network traffic and online usage via a patented combination of technologies which offer a solution different to those currently in market.
Please feel free to add any other highlights I may have missed. May all Wanglers be happy in their holdings over coming days and weeks. GLTAH!!!

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my vote for blog of the year so far.

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(20min delay)
Last 4.7¢		Change 0.001(2.17%)		Mkt cap ! $4.921M

Open	High	Low	Value	Volume
4.7¢	4.7¢	4.7¢	$1.645K	35K

Wangle future, page-44

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Wangle future, page-44

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