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Seeing more volume today. Nice to see some rumblings. Maybe a little eruption if brewing?
Whats been brewing behind the curtain?
imho
mj
I see. Thank you for the quick reply. Yes they definitely seem to be unique in their approach. I think we could see an update anytime from Ceo Ron Chapman. Early Jan he had mentioned a possible update in Feb. Its now almost mid Mar and we haven't heard anything. Feels like the team is very busy. They had sent a test kit to a 2nd airline. Maybe we hear something about that soon? Starting to see a little trading action on the shares recently.
imho
mj
Saw them online. I notice they are using Bluetooth not WiFi. Very unusual approach
When you say "saw the antenas on WIZZ"... are you referring to seeing them online or in use in person? If in person would like to hear a first hand experience using the service in the form that is available today.
thx
imho
mj
Is that an ask uptick? Very nice to see. We might be about due for another update sooner rather than later. Hopefully there has been some significant progress made behind the scenes in the past 60 days. Float still looks thin as ever...can't wait to see some buy volume inserted...should be an interesting day when that happens.
imho
mj
Yes welcome! ASIPs tech and approach has peaked the interest of a few here. I would have to believe the potential cost savings vs wifi etc has to be appealing to more than a few of the low cost carriers out there. And now we seem to be looking at some type of entertainment package also. What it's all worth to the industry remains to be seen...it has required some patience but it seems a few of us are willing to stick it out and see what becomes of it all. Certainly an interesting story and an absolutely dedicated team trying to bring the tech to light.
I'd imagine we will get some type of progress report sooner rather than later as we didn't hear much since early January.
Again welcome.
Imho mj
Welcome. Dedicated, small crew of followers here.
Hi all first time posting. Have a real interest in anything Low Earth Orbit satellite related. Saw the window antennas on Wizz. Excellent use of the Iridium networks. Very simple cost effective platform.
Yea it's been a ride. Getting through all of the testing etc is Def a time consuming task. They do seem to be making great progress but at the same time penny players want results yesterday or some good prs to help push the action. Also Its been a few yrs and we still dont have any clear or vague idea as to when we might see some actual revenues from any of the tech...fflya, live payments or the entertainment package. Its def required some patience and will likely still take a bit more, but I still believe we are sitting on something potentially very special here with IPTK. The tech seems to fit some needs and the potential markets seem to be enormous. Maybe I'm missing something, but I am still holding and will continue to do so. Maybe we are nearing an update for Feb? While I too didn't think we'd ever see .03 again I am tempted to add more to the stash down here. Also we might soon find out the identity of airline #2! That is pretty exciting.
Imho
Mj
Never thought we would be in the 3 cent range. Three years ago we were over 20.Doesn't really make a lot of sense. Supposedly all the good news we should be going up. Not Down
Always nice to see the Q's filed here.
Imho
Mj
Danaher just mentioned on CNBC as a 'Serial Acquirer' Always interesting to have them aware of Ron, Lukso and Asip. I always wondered if they would be watching this story closely as it unfolds.
imho
mj
Very nice! Hopefully some airlines have made contact.
imho
mj
Thx for sharing.
Not a one-time thing, IPTK's ad still appears on Runway Girl's home page.
https://runwaygirlnetwork.com/
Very nice catch! Interesting to see this offering being separated from the free txting/messaging. Even bigger airlines that already have WIFI may be interested in this live payment feature. And yes it definitely seems like this could be a very nice revenue stream for the company. Hopefully BizJet is still adding customers.
Feels like we are on the cusp.
imho
mj
Yep. I may add more down here. Although its a process, progress is being made. And with the live payment feature and now the entertainment package I have to believe a good number of airlines will be interested. We might get the name of that 2nd airline soon as it was mentioned that test could be a Q1 project. We are almost at the halfway point of the Q. It will be interesting to see who that is. Hopefully whatever funding is achieved is friendly to current share holders. That is one of my concerns as far as adding more shares here.
Best of luck to all here in 2023.
imho
mj
I saw this ad today at runwaygirlnetwork.com. Hope airlines are taking advantage of this unique program. Would be a nice revenue stream for IPTK
https://runwaygirlnetwork.com/
And an image of what it looks like in use
Not sure what’s happening but stock price keeps declining and some bigger blocks on ask. Bid only at 3 cents
Thank you very much for the update. Ready to see what 2023 has in store here.
Imho
Mj
Thanks for the update!
Happy New Year to you all. The team have just come back on deck after a well earned break.
I can advise we are progressing on all fronts, including with multiple airlines regarding BOB, multiple parties regarding funding and gearing up for the next batch of installs of the new Certus platform on WizzUK, plus in-house testing with airline no 2. If all goes to plan we hope to have a budget to equip the first aircraft for flight customisation.
On BOB it’s not movies. Todays GenZ and Y’s etc carry on what they want to watch on low cost airlines. Most have at least 6 subscriptions to streaming services such as Netflix. Same with music. Several companies offer battery powered content servers with movies, but the content is usually old and expensive. Most airlines shut them down following COVID and some use them for food ordering but that’s about it.
Our program is being developed by my brother Barry. It is highly specialised and unique. If you look at the “About us” section on the www.ASIPTech.com you will see Barry is a brand development specialist with an extensive international background in Radio and Television.
Let me just say there is an element of all three components in the mix. We are keeping a lid on it due to commercially sensitive airline discussions.
Hope to explain more next month once the first BOB pre production units arrive.
Regards
Ron
Yes all sounds interesting it’s amazing the volume is still nil. I would think those using WiFi would also see the cost savings and switch as well
Yes def a long time coming for the team. It's been a yr or 2 for some of us...but 5-10 yrs for them. It doesn't appear like WIFI has any complete immediate remedy for all the connectivity issues out there. I feel like there is a big market for this service. And now it looks like we may adding entertainment of some sort. I don't know if that means movies somehow but if it does I believe we have a past launch consultant or something like that from Sony Pictures onboard that might have the connections in that industry to help put something like that together :) I wonder if this cost savings mentioned alleviates the need for the prior mentioned financing they were seeking a few months ago? We haven't really heard anything on that front. All of the offerings this service seems to have coming together...what airline with zero connectivity says no? And even the ones that do have some might be interested in this entertainment package. I am very excited to see what is coming here in 2023. I may try to double up my position here...but I am leary of getting caught up on the wrong side of any dilution that might come with this mentioned financing as I am already in pretty deep here...of course terms and timing etc are important there...but that is Def something I'm looking at. Happy New Year to the team and all involved here. The ball is certainly rolling. Let's see what 2023 brings for AsipTech. BEst to All in the new year!
Imho
Mj
For sure Its coming long time coming
Let’s start with the big 2023 bang
Still holding my shares this will get found soon
Cost savings always a good thing. Things seems to be progressing nicely. Thx as always for the update. Very much appreciated.
Imho
Mj
Thanks for the update!
You are correct, installs are being done overnight. On first batch sorted a few hiccups out on number 2, then smooth sailing from their, so 6 now in operation. These are the A321CEO, next batch is the A321NEO.
Only a minor difference, but we have come up with an install plan the will cut the installation kit cost in half, which is a substantial saving for us. I know progress seems slow but we need to get the first fleet the way we want before moving into bigger and better things. I can tell you we just delivered a system to a second airline for their ground test facility and integration. Looks like a Q1 project. They will be the test bed for our Iridium Certus platform. Give us a lot more capability particularly fir operations. Will advise more once we have formalised things. On BOB getting a positive response. Keeping a tight lid on this technology, as it’s very unique. Will update more where possible.
Granted the Wizz installs will occur as maintenance allows however I was wondering if the installs are occurring around the the 5hrs or overnight timeline that has been mentioned in the past? I would imagine maybe the teams doing the installs may need a little time to get familiar with the process to get up to any expected time frame?
Also will Wizz be taking on the new device equipped with entertainment options etc? Definitely some interesting tech. Again seems many airlines especially the low cost guys would be very interested in this offering.
Anything you can share is always very much appreciated. Thank you again for all of your efforts.
Imho
Mj
Ron posted it on LinkedIn. I would guess maybe a PR is being written up as we speak as this seems like a big development for the company. Hopefully this link works. If not just Google search Ron's LinkedIn.
https://www.linkedin.com/posts/activity-7003286180284837888-PV6D?utm_source=share&utm_medium=member_android
Who posted it? Can you post a link here? Thank you!
WOW nice teaser Per LinkedIn...IPTK now bringing inflight entertainment into the mix? Seems like an awesome addition to the current offerings...
What low cost carrier says no to all of this?!?.
Nice work Ron and the team. Def can't wait to hear more on this.
Imho
Mj
More details out this week
I saw the tech posted on LinkedIn. Very interesting and great small design. Will this unit replace the box that is in the overhead baggage compartment? And will this unit have to go through any type of lengthy testing or approval process? Interested to hear more...I'm assuming maybe a PR is coming regarding this unit?
Thx,
imho
mj
I saw the tech posted on LinkedIn. Very interesting and great small design. Will this unit replace the box that is in the overhead baggage compartment? And will this unit have to go through any type of lengthy testing or approval process? Interested to hear more...I'm assuming maybe a PR is coming regarding this unit?
Thx,
imho
mj
Great news! And very interested to hear about this new tech. I had a feeling something was a afoot...We are all ears...thanks for the heads up!
Imho
Mj
Apologies for radio silence, we are up to aircraft no 6. I will be posting on LinkedIn tomorrow a new technology, that just might change everything. Stay tuned
Looks like someone collected a nice handful of shares today.
Wonder if we made the cut for installs in 2022...or if we will have to look forward to 2023 for that?
This article almost makes it sound like installs are underway....Meaning more than just the first plane that we already know about.
"Wizz Air has been equipping its UK-based fleet of A320 and A321 twinjets with fflya — featuring unique window-mounted antennas that talk to Iridium NEXT satellites — to provide passengers with free messaging (SMS, email and WhatsApp). And the budget operator recently started integrating fflya into its mobile app, marketing the solution as TEXT&FLY BY WIZZ."
https://runwaygirlnetwork.com/2022/09/fflya-live-cc-payments-wizz-air/
Imho
Mj
Along the lines of news it seems like we should maybe be hearing something on the financing initiatives soon?
Imho
I think Easyjet and RyanAIr et. al. will monitor the results Wizz is getting first, and maybe do some focus group research to the effect of:
--would you choose one carrier over another based on the availability of this service?
--would you pay more (and how much more) for a ticket which included this service?
--is this something that OUR target market customers will pay for for OUR flights on OUR routes?
Yea looks like they are getting the ducks in a row right down to what happens if ASIP is sold. We know Richard Lukso is still an advisor and he was involved in the sale of Securaplane to Danaher Corp.
https://www.prweb.com/releases/as_ip_tech_inc_s_ron_chapman_to_take_on_role_as_chairman/prweb18089410.htm
The latest article did mention they had started installing on Wizz planes....however we don't know if they were just referring to the one we know about and looking forward...or if the installs on the 19 are actually underway. So maybe an update coming there as we know the installs themselves dont take very long...
From recent article...
"Wizz Air has been equipping its UK-based fleet of A320 and A321 twinjets with fflya — featuring unique window-mounted antennas that talk to Iridium NEXT satellites — to provide passengers with free messaging (SMS, email and WhatsApp). And the budget operator recently started integrating fflya into its mobile app, marketing the solution as TEXT&FLY BY WIZZ."
Once this gets off the ground how long does Easyjet and RyanAir sit around and let Wizz have the sole advantage of offering this passenger experience? :)
Imho
Mj
Maybe IPTK had to have this backend framework in place before they can make announcements and we will start to see some news.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) October 27, 2022
AS-IP TECH, INC.
(Exact name of registrant as specified in its charter)
Delaware 000-27881 522101695 (State or other jurisdiction (Commission file (IRS Employer of incorporation) number) Identification No.)
Factory 1, 15 Castles Drive, Torquay, Victoria, Australia, 3228
(Address of principal executive officers) (Zip Code)
+1 424-888-2122 Registrants telephone number, including area code
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
As indicated in the Company's 10-K filing for the year ended June 30, 2022, the Company has been renegotiating it's arrangements with ASiQ Pty. Ltd. ("ASiQ"), the original developers of the Company's BizjetMobile technology, who have developed the airline version of the technology, designated "fflya".
On October 24, 2022, AS-IP Tech, Inc. (ASIP) signed a new License Agreement with ASiQ, the terms of which are:
1. ASIP appointed ASiQ to develop, manufacture and support ASIP for the fflya program including development of customized hardware and software, on commercial terms acceptable to ASIP and ASiQ.
2. ASIP will pay all costs incurred by ASiQ and its technical team on behalf of ASIP, relevant to the fflya program.
3. ASiQ agreed to secure the services of Mr Ron Chapman, together with his technical and marketing teams, for the future development and commercialization of fflya.
4. ASIP granted ASiQ the exclusive right to develop, manufacture and commercialize BizjetMobile, and ASiQ agreed to pay ASIP a 20% commission based on the published wholesale price of BizjetMobile systems. For any other products created from ASIP's intellectual property, ASIP will receive a commission based on the net revenue received by ASiQ.
5. Should ASIP be restructured, sold or its business assigned, then the BizjetMobile and non-airline products created, developed and distributed by ASIQ, will remain the sole unencumbered property of ASiQ and this Agreement will be terminated.
The Company's directors, Mr Ron Chapman, Mr Graham Chappell and Mr Philip Shiels, are directors and shareholders of ASiQ.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
AS-IP TECH, INC.
(Registrant)
By: /s/ PHILIP SHIELS Philip Shiels Chief Financial Officer Date: October 27, 2022
fflya opens the inflight imagination of airline passengers by delivering products and services, plus exciting tours and attraction offers relative to where they are flying. fflya also reconnects passengers with family and friends through free messaging.
Only ASIP Tech has the unique fflya network that can deliver this exclusive inflight service.
It is made possible by the integration of the latest generation App technology, Bluetooth, and Low Earth Orbit Iridium Next satellites.
Combine this with fflya’s world first window antennae and no longer do you need to install complex, heavy, fuel burning antennas on the roof of your aircraft.
LEO’s are only 600 kilometers up and the existing 66 satellites provide global coverage. Each aircraft only require 2 unobtrusive window antennas. One on either side of the aircraft and everyone is connected.
LEO’s also mean a much smaller, lighter system which is simpler to install and that translates into a fully self funding program that we guarantee will generate revenue for your airline from day one.
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