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Sunday, 10/19/2014 2:55:03 PM

Sunday, October 19, 2014 2:55:03 PM

Post# of 39538
From the latest S-1a dated 10/16/14 -

We anticipate rolling out the Moto-Meter in the fourth quarter of 2014 initially to a motorcycle-taxi operator in one or more of Indonesia, Vietnam, Thailand, as a test of its capabilities. Once we are satisfied with this pre-production launch of our product in real-world conditions, we will begin to sell the Moto-Meter to other motorcycle-taxi operators in Indonesia, Vietnam and Thailand by the end of the first quarter of 2015, and motorcycle-taxi operators in Brazil in the next 12 months. To date we have not generated any revenues from the sale of the Moto-Meter.

.....We have not entered into any long-term or formal manufacturing agreement with DMC and we will assess the potential for such an agreement depending on the results of this initial verification build.

These comments lead me to believe there is no India contract. Anyone else have a different take on this?

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