BB26 - I'm basically replying because I'm also desperately trying to reassure myself:
In the February 7, 2017 Business Wire article:
5BARz™ Network Extender Positioned to Gain Significant Market Share in India Telco Market in 2017
There is a paragraph that may explain some delay:
'This is the first time that these top two Telcos in India will be competent to track the key performance indicators of their network at a home level by comprehending the incoming signal strength, signal boost required for the homes and also usage patterns of phones in the house. 5BARz intends to revise and update its sales guidance on the Network Extender due to this significant accomplishment and the two quarter delay in the overall development & deployment of the advanced remote management system.'
Also I notice today that Kaynes Technology have suddenly updated their Website and posted the announcement. I realize that this may be meaningless but to a point made earlier:
1. I don't think that any company in this day and age is in the business of stocking shelves with items to collect dust. Just-in-time delivery was already key 30 years ago.
2. Kaynes is not that big that they would want to mar their reputation with an unreputable alliance. Flextronics is huge and they can just brush it off but Kaynes is counting on this making them one of the largest manufacturers of WiFi equipment in India.
3. I'm sure there is considerable expense to tooling up for the manufacturing. No one is going to make an investment in this based on a pipe dream. I'm sure a requirement from Kaynes is to see those confirmed orders from the Telco's before they spend a dime, especially if they are going to finance the initial rollout.
Just my thoughts, as I said, I'm still trying to convince myself, as the downward spiral continues.
