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Just so you are aware, we filed a NT10k today for a 2 week extension on our 10k filing which was approved. 10k done just waiting audit final review sign off. We are qualified on OTCIQ as a reporting filer, so should no impact our trading status. 10k should be filed this week.
Ron
Oh that's great news. Glad to hear Certus will be used from the get go.
Exciting stuff.
Thank You!
Our first Certus transceiver arrives Monday. So commercial launch will be Certus. On existing flight trial router is just box upgrade.
Yes. Nice volume since this would sometimes have no trades at all for days. That’s why I said few days earlier that couple millions volume would take IPTK possibly between 50 cents and $1
Great to see a break and close above .20 today on some fairly decent volume. Looking good...can almost feel the momentum building from both the company and the trading action.
Lets see what next week brings.
imho
mj
Hi Ron. Just a quick question or 2. Assuming down the road Fflya is up and running on several airlines...how involved would the switch over to Certus be? Would it require changing out of the onboard components completely or altering/updating them? Or is everything on board already compatible and it would just be some more internal background type stuff and really not much of an issue at all?
Just trying to get a little insight there.
Thx
MJ
Sounds good to me. Looks like a few are starting to take notice on stocktwits. I think the follower count has increased by 8 or so in the last week over there. Can't wait for that first joint PR with Wizz. I don't know if the passenger test will be enough to trigger that being that it will then be in the public eye or if it will require a fleet deal of some size down the road...but I am excited and will be here when it happens. It will also be nice when we can get a look at or at least a sense of what kind of revenues are possible with all of this. Looking at all of the bells and whistles of the Fflya system and the size of the potential addressable market...I don't know where we will end up on a market cap basis but I have a feeling it will be well north of here with any level of success. Are we looking at a Billion $ co with its main product still in it's infancy stage? Only time will tell. Usually you are betting on the jockey or the horse...here I like both of them. The team and the product are definitely worthy of some of my investment dollars. Excited to be a part of all of this. Hopefully they disrupt the industry with this.
Imho
Mj
Who knows. I think technology is a key. Patent is unique. As soon as it gets running it will not stop.
I wonder how any M&A activity might effect things here for the better or worse? Would it slow down adoption/rollout of the tech? or Present an opportunity to grow quicker?
OULOUSE, France, Sept 21 (Reuters) - The head of budget airline easyJet EZJ.L has told the boss of Ryanair RYA.I to focus on running his own airline after he questioned the British carrier's independence.
Ryanair group chief executive Michael O'Leary was quoted as telling the Financial Times last week that rivals easyJet and Wizz Air WIZZ.L would need to merge or be taken over as the industry consolidates in the wake of the COVID-19 pandemic.
"(It is) complete nonsense," easyJet CEO Johan Lundgren told Reuters in an interview. "I would urge anyone who runs an airline to focus on their own business rather than speculate about others, (where) they have no idea about what's going on."
Lundgren said consolidation was already taking place in Europe as weaker airlines cancel capacity, and that easyJet was not opposed in principle to consolidation carried out in the form of external transactions.
"We are not against any M&A type of activity but it needs to be able to deliver value for shareholders and to deliver a reason to believe in a successful outcome," he said.
Asked whether easyJet saw itself as a buyer in any future shake-out of the European airline industry, Lundgren said: "We would be looking at companies, as I am sure companies would be looking at us. There is no drama around that at all."
Tensions had flared days after easyJet said it had rejected a takeover approach from Wizz Air that would have created a low-cost airline to rival Ryanair, opting instead to raise $1.7 billion from shareholders.
Lundgren said the rights issue was attracting broad investor support, but acknowledged some discussions about the timing.
"As with anything, we are having discussions about the size and the timing, but also the need we have to make sure we are right-funded to make sure we can invest in growth when those opportunities come," he said.
"Most people completely understand the reason for that and(that) it is the right thing to do and the right time to do this."
(Reporting by Tim Hepher Editing by Louise Heavens and Mark Potter)
https://www.nasdaq.com/articles/easyjet-to-ryanair-boss%3A-focus-on-your-own-airline-2021-09-21
imho
mj
Great post. I am thinking to buy more as well since not many shares comes on ask below .20 cents. I’m just thinking maybe someone drops ask like it did couple weeks ago to .14 and I grabbed it.
Yes we shall see. It currently sits too high for the sub penny traders and too low for the big board guys so it kinda got floated out into no mans land. And with most of this being done super quietly without much in the way of PR etc it made it even easier to fall through the cracks. We are def seeing some visible progress now which might get the attention of some investors or traders...yes will be very interesting to see what happens when real volume hits this. And it will be interesting to see what valuation the market gives this on a passenger test with Wizz...and then again if they jointly announce a fleet deal of any sort down the road. It will probably make it tough for some still as we really don't know what the revenue potential even is with this platform. However with the market caps of some of these potential airline partners and all that the platform does I have to believe a few airlines gives this nice boost in market cap from here. We see scam tickers every day with zero revenues ran to $500M caps. With this float we can def see some pretty violent knee jerk reactions in either direction should traders come over here. I would agree a couple of millions in volume would def make the action interesting...and the word parabolic does come to mind. I mean right now one or 2 people buying moves it...Couldn't imagine if 10's or 100's of people attempted to get in here at the same time on news.
The app updates are looking great. Again very nice to see some visible progress. I keep debating on just clearing the asks up to about .25 by myself.
What it all turns out to be worth...who knows? Hopefully we are able to hear some more nice tidbits soon. All I know is that from the first day I owned shares here I felt I was looking at big board technology and potential...not penny stock stuff (especially with this share structure). I was shocked to see it trading where it was and maybe where it still is just on potential alone. Again we shall see. I figure at some point someone on twitter with a following etc will be the first to claim they found and called this ticker out..lol
imho
mj
This would go ballistic with couple millions trading volume. It’s really unbelievable that it still didn’t get noticed from investors.
Wizz Air looking more and more like an airline others will take notice of.
https://ideaworkscompany.com/wp-content/uploads/2021/09/Press-Release-159-Ancillary-Revenue-Yearbook-1.pdf
imho
mj
Sounds good! The line...System is Live...has a nice ring to it.
Sounds like a big step.
Congrats to this point.
Eager to hear all about that maiden flight and see what the future has in store.
Thx Again!
imho
mj
System is live, just running some internal testing before PAX flight date is set. But not far off.
Thank you. App is looking great! I'm assuming we are now waiting on a firm start date from Wizz? Do we know yet which routes will be included in these first test runs?
Imho
Mj
FYI V3.7 is the “flight” version.
WizzAir already in the top spot...and looking to add on to that lead with Fflya
Wizz Air is in the top stop – with ancillary revenue accounting for 55.9% of its total revenue, which the report says beats the prior record of 47.6% from Viva Aerobus in 2018.
https://www-phocuswire-com.cdn.ampproject.org/c/s/www.phocuswire.com/ancillaries-account-for-more-than-50-percent-of-revenue-for-4-airlines-in-2020/AMP
Imho
mj
Nice. Thx for all updates
Yea we shall see...I don't know when the first joint PR comes but I would think that might bring some new eyes here as it would be hard to ignore a penny stock inking anything with a $5B airline. Looking at RyanAir and EasyJet...if we were to land those down the road...RyanAir is a $20B airline currently...that I would think would get some attention as well. Alot of this has been done super quietly by ASIP and WIZZ. With this upcoming passenger test being seen by the general public it might be hard to keep it under wraps much longer. Thought we may even see a joint PR going into this test with it now involving passengers.
I don't know...either way def seeing some visible progress now...
Feels like we are very close.
The app actually just updated again today to V3.7
We are getting there.
imho
mj
As soon as we get passengers testing completed this stock will take off as well.
A lot happening in the background, thanks for sharing
The tie in to the discounts/tours/attractions etc.
http://www.aerosinflight.com/
http://www.aerosinflight.com/join
imho
mj
I always look back at this statement...
"We appreciate it has been a long haul and we still have more work to do, but with Iridium Next online the path is clear. Our goal is to have our airline system operational this year, once we do the industry has
changed for good."
Getting closer.
imho
mj
Seeing more updates to the app today. Looking great.
Imho
Thanks for the update!
Sound great! Thank you for your speedy reply. Best wishes on this upcoming launch.
mj
Hi mj, you are correct, all our focus is on Wizz right now as launch is imminent. We are committed to giving Wizz a world first and as such all other discussions and programs are in a holding pattern.
The reality is, we have no direct competition in this sector, so a successful Wizz launch is all we need. The rest will take care of itself.
What I can advise is, we have been approached by airlines in North and South America, Australia, Europe, Middle Easts and Europe. So there is global interest in what we are doing with Wizz.
Our sole priority is too get it flying and then it becomes real, which strengthens our negotiation position.
Sounds like a famous movie quote ‘build it and they will come”
Regards
Ron
Hi Ron. I'm sure that the majority of the focus right now is on this first Wizz install...but I was just curious if there is anything that could be shared regarding progress on the talks with the other airlines or manufacturer mentioned here back in June?
"We are in discussions with multiple airlines and an aircraft manufacturer regarding these services, and ASI is working directly with the largest provider of onboard data accumulators to create this new low cost live alternative."
Hope all is well,
Thank you.
mj
Nice find, thanks
We know who's Bluetooth network they are testing :)
Hopefully passenger trials start soon and go off without a hitch.
https://simpleflying.com/wizz-air-free-wifi/
imho
mj
Wizz looking at green flag racing in 2022.
https://simpleflying.com/wizz-air-normal-2022/
imho
mj
Passenger tests on deck...Bid stack looking great out there today.
imho
mj
Seems someone thinks we are nearing bottom...noticed a 1m bid floating around out there when I checked in today..some person or entity looking for a substantial portion of the float right there.
Imho
yeah interesting exchange of shares here...Ready to see the action as the updates start coming by way of PR. We really don't know the revenue potential etc just yet...but I'll be hanging around because I know connectivity is an issue for the low cost regional guys and the share structure is great here.
imho
mj
Looks like it found a bottom here
Some interesting action with the stock lately...ever since the app updates we have gotten volume just about everyday but with pretty much zero movement. Doesn't feel like retail action. Figure anyone that has been in would certainly hold now that some of the behind the scenes progress is becoming more visible. Maybe some MM action? Hopefully warming the tires :)
imho
mj
Yes, this is the Wizz live internal test version. There will be one more update prior to final release targeted 31st Aug. Once that is in place, first flights will follow in September. As we are testing on one aircraft, there is a lot more coordination involved. We will have systems in place to ensure all passengers are aware prior to each flight.
Looks like we are getting some volume on the app updates...good to see wizz in there now. Looks like we are very close to at least a one plane test.
Imho
App updates looking great!! Been waiting a good while to see Wizz Air reflected on Fflya!
Imho
Welcome and Congrats Mr. Chairman of the board ;) I'm not sure where this PR was posted back in July but in case anyone missed this 8k filing...
https://sec.report/Document/0001067873-21-000004/
House is getting into order.
imho
mj
Great Updates, Thank You! Very nice to see Pink Current at OTC.
Excited for these passenger flights to get underway...Let's get Fflya up in the air on a commercial liner. :)
imho
mj
Thanks for the update, and the filings! Best wishes
FYI Preparations are just about complete for the first passenger flights. Will update once underway.
wtg Ron! Very happy to see IPTK pink current!
Thanks for the heads up. I think they're caught up now. 10K for period ending 6/30/21 not due until late September
good eye...thx
imho
mj
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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