Alternus Energy Inc. (fka ALTND)

[my2Mustangs]

How much are the monthly "subscription fees" when the other parts needed "will" be done as the 8-K/A keeps using the word "will" and in 1 place says their "goal" is "to develop and commercialize."

They warn investors about several problems they "may" encounter that would effect profitability, problems coming, guaranteed.

The Company’s customers may also become a subscriber to the Company’s unified cloud based communications platform, SPACE Works, and its SPACE Wireless service, which will be available initially in the United States. The Company will distribute its devices with its SPACE Wireless service embedded and pre-enabled as part of its turnkey offering. Consequently, other wireless service providers will not be given the opportunity to supply the initial service and SPACE Wireless will ensure a sticky subscriber offering which will reduce subscriber churn.

Growth Strategy

The Company’s goal is to develop and commercialize its wearable technology products and related wireless services so that it can establish and build an industry-leading position as a unique, market acceptable, wearable device solution provider. The Company intends to pursue the following strategies in an attempt to achieve this goal:


Sales and Marketing

The Company has partnered with World Global Network Pte Ltd. (WGN), a related party (See Item 7: Related Party Transactions) and a leading international direct sales company. WGN’s consultants engage in promoting the Company’s proprietary devices and services to technology savvy users, who subscribe to the offering. It is expected that SPACE Works and SPACE Wireless services will be available on a monthly prepaid basis. SPACE Works is expected to have different plans depending on the levels of functionality require and SPACE Wireless will have different plans depending on the levels of data required. The Company plans to successfully leverage the uniqueness of SPACE Computer and Lumina Glasses which will only be available through WGN’s channel as these products are not available in the retail market.

Wait World Global Network Pte. LTD is a direct sales company?
Haven't we been told that AdKash/AdKoin and the Space Computer was developed by WGN. Wow, a "direct sales company"