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PeterGates

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PeterGates

Re: None

Monday, 04/20/2015 8:54:45 AM

Monday, April 20, 2015 8:54:45 AM

Post# of 80403
$ECDC 10K EarthSearch Development:

We modified our business model and pricing strategy by offering the devices to businesses at no cost but with a one-time activation fee of $55.00 and an increased monthly cost to $19.99 from $14.99 per month. This would allow us to capture the interest of small businesses and an activation fee that will provide us with a 35% margin on hardware and a 25% increase on annual service fee. As of February 2015, we had shipped initial 600 samples of Halo2 to our distributing partners globally

In April 2015, we launched a new web site for the promotion of Halo2. www.gatis-lowcostgps.com


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