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Yeah. There’s a lot coming together and I think it’s worth holding for a while. With how few sellers there I’ll just keep chipping away through the end of year while everyone is waiting. Could be a good Christmas present for all.
Yea not too many dip opportunities around here like this. After a few months of holding steady we dipped once like this a few weeks ago...Then almost hit .30 shortly after.
Lets see what next week brings. Would be great to have this thing launched for the holiday rush. About 2 months to go there.
Fired up about this company. Management has stayed grindin on a steady course though the ups and downs over the years...Ron Chapman first floated this idea 10yrs ago. They deserve this one. And the fact that it can be installed over night is a huge factor to getting this rolled out fleet wide on airlines in a timely fashion..luv that aspect.
Feels like we are on the cusp.
Imho
I got lucky and played DWAK and PHUN, and holding over the weekend (fingers crossed). But, did manage to grab 13k here end of day. I hope the seller is back on Monday and Tuesday. It’s been slow scalping with few sellers.
lol that is def a possibility as well. wild swings over there. I didn't get involved after not pulling the trigger yesterday morning..will prob kick myself for a while on that one though...debated too long during premarket and then decided not to touch it ...woops..
imho
mj
Or maybe they were playing DWAC and got a margin call...
Likely someone didn't like the wait and moved on. With all these crazy meme stocks like DW running wild...its hard to leave money sitting lol.
All my shares still intact..wish i would have had bids in today..I would have taken them all.
Would be great if something was in the pipe and mm's pulled the dip before the rip.
imho
mj
Wizz ramping up for the holidays...
"However, she believes there will be strong demand for Christmas travel. “This is why we are getting ready for Christmas with the deployment of our entire fleet, massive recruitment, to ensure we can fly as many people as possible,” she says."
https://africapearl.com/2021/10/19/wizz-air-uk-seeks-scaleable-growth-as-testing-change-boosts-demand-interview.html?utm_source=rss&utm_medium=rss&utm_campaign=wizz-air-uk-seeks-scaleable-growth-as-testing-change-boosts-demand-interview
imho
mj
Just as you had mentioned. Cue the hype train.
https://www.cnbc.com/2021/10/14/elon-musk-says-starlink-will-provide-faster-internet-speeds-on-airlines.html
mj
Seeing progress and with updates pending it doesn't seem like anyone is interested in selling anything below .20. Bid sitters don't get much of anything here.
imho
mj
Yes...great stuff! All of it. I am stoked to see how this all plays out. I know it can be worst case, best case or somewhere in between. I am well versed in thinking about each of these scenarios so I am well prepared for whatever.
I have been trading/investing in penny stocks a good number of years now...15+ yrs. I think back over the years about all these 1000's of penny/sub penny stocks we see and how very very rare it is for one to not only succeed as a company but actually Disrupt a major industry. I really can only think of 1 or 2 times where that has happened that I watched. One being Monster Energy from about .40 per share. I'm not saying this will follow in those steps and become a many 10's or 100's of Billions in market cap company. But after extensively looking at all of this I can't help but think this company has a real chance to disrupt a major industry. Just to become a growing thriving business would be success enough to make everyone happy. But I just can't help but think about the possibility that we might be looking at one of the special ones. Looking at the market size, the issues with WIFI, how many low cost carriers have zero connectivity, the proposition of free, smaller and lighter that ASIP has with this system and the management team backing this...I almost can't help but think a major success is standing right before all involved. You never want to fast forward time but having a front row seat to this one makes you want to look ahead a few yrs to see how it all turned out..lol.
I had a made a comment back when I got involved or a good few months ago about wanting to see them ring the bell on Wall St. one day...I still believe that is a possibility.
Should be an interesting 2022 and beyond.
Best of luck to us all.
imho
mj
Prepaid vs credit cards are the norm there. Prepaid cards are not accepted in flight. Now they most likely will be. $$$$$$$$$
"The low-cost airline Wizz Air has been plagued by a problem in the area of ??onboard sales for a long time: Credit cards are not particularly widespread in Eastern Europe, but debit and prepaid cards from the Visa and Mastercard brands are. It is made no secret of the fact that prepaid cards from fintechs are not accepted.
"That could change in the future, as Wizz Air intends to introduce WLAN services on board the Airbus fleet. This is primarily intended to be used for processing payment transactions. Then you will also be able to authorize debit and prepaid cards online, which could lead to more sales in Eastern and Southeastern Europe"
https://aviation.direct/en/wizz-air-bietet-kuenftig-wlan-an-board-an
And it's not just attracted attention in the airline industry, but in the finance industry now as well. Major development, imo.
"Wizz Air has partnered with connectivity specialist AS-IP Tech (ASIP) to bring ‘WiFi lite’ to its passengers. In March 2021, inflight connectivity specialist AS-IP Tech (ASIP) installed the first Bluetooth connectivity kit on a commercial aircraft. The kit, consisting of a dual window antenna, is set to provide basic WiFi connectivity for passengers onboard for things like messaging and contactless payments."
https://thepaypers.com/mobile-payments/wizz-air-tests-wifi-lite-for-inflight-messaging-and-contactless-payments--1249849
Yes love the cc feature and I think with the convenience of paying through the app...that might lead more people to make purchases in flight who maybe would not have if they had to dig for and hand over their debit/credit card.
imho
mj
Hard to tell but now you can add in the potential of inflight credit card processing. Maybe we'd get 1/2 percent of how many hundreds of millions of food and drink purchases?
Likely we wouldn't get them all of course..but would this be the passenger total pie number now in the rough calculations you did back in 2017? Obviously currently covid has affected this...but maybe something that could again be achieved in the next yr or 2?
Low-cost Carriers
Low-cost carriers carried an estimated 1.4 billion passengers in 2019, which was approximately 31 per cent of the world total scheduled passengers. This indicated a 5.3 per cent growth when compared to the number of passengers carried by low-cost carriers in 2018, around 1.5 times the rate of the world total average passenger growth.
https://www.icao.int/annual-report-2019/Pages/the-world-of-air-transport-in-2019.aspx
imho
mj
Nice find. Inflight credit card processing a big plus for IPTK. Also mentioned in this article a few months ago. And this website is about payments and is not airline related. Good to see notice outside the airline industry
https://thepaypers.com/mobile-payments/wizz-air-tests-wifi-lite-for-inflight-messaging-and-contactless-payments--1249849
Welcome aboard! And yes best of luck to us all. Smaller and Lighter is important.
https://aviation.direct/en/wizz-air-bietet-kuenftig-wlan-an-board-an
imho
mj
Took a starter here on Friday. GLTA
Great to hear. Congrats on the completion of this step in the process. Thank you for the update.
Mj
Thanks for the update. I appreciate seeing the 10k, as promised. Best wishes!
I can advise we have completed the internal flight trials. Testing was extensive and we have learnt a lot. Look forward to the next launch step, which will include the marketing phase.
Will advise timing when I am in a position too.
Ron
P.s all filings are up to date and we will continue to do so.
Not sure - just know that for the last month or so I could not buy IPTK at Schwab despite it going pink current around August 6. I remember being frustrated no being able to buy right before Labor Day.
When was it actually cut off? I wasn't even aware of any restrictions going on once they current a while back.
imho
mj
IPTK can once again be purchased at Schwab.
Interesting. Thank you for the thoughts on this. I had been wondering how starlink etc might effect the market Fflya is targeting.
Love that last line...
-One of them now has Fflya-
Thx again
Mj
I do agree with that Ron. You have been working on this for a long time. Every technology gets hyped as it now true for blockchain or crypto. Only few will survive.
You’re first with this kind of technology that I know of.
I get asked a lot of questions of late regarding inflight Wifi, so I thought you might find my response interesting.
What you will see over the coming months as major international airlines WI-FI come back to life is, a lot of hype. Wi-Fi companies will rebrand their solutions however, a new hat on a pig, is still a pig.
There will be even more hype on the new low earth orbit satellite constellations being implemented by SpaceX, Amazon, and One Web. (A fatter pig). They operate on the same frequencies as existing WI-FI platforms and these satellites do not stand still. Although they can use the same Wi-fi installations, to deliver their service will be more complicated. While they promise data rates will increase, it just means passengers eat more data, which means more cost.
All they will achieve is make a painfully slow system faster. Even if they could deliver 100-200Mb per aircraft ( currently 15Mb), sharing that with 200-400 passengers just means a faster pig.
So when you see an article on "better or new in-flight Wi-Fi". Bear in mind it took five specialist aircraft satellite companies and two aircraft manufactures approx $10 billion and 18 years to create the current pig, and yet the best European low cost airlines in the world still don't have it. One now has fflya.
I believe this is just a start for this stock. I have been into so many small companies but this one has unique technology and it’s for real. They do not even care to put a news in before this starts rolling and I like that. Their focus is business and that’s how it should be. When business is taken care of price of the stock will follow.
Guess what……it’s happening.
Thanks for the update!
Sounds great! Thank You !
Congrats to you and the team for navigating everything to this point. I know its been a road for you all. I'm just happy that I was able to see some of the early days of this tech/service and that I'll be around to watch and see what it will become.
Wish you much success.
Thx again,
imho
mj
Perhaps let me clarify a bit further, as I do understand my last post was a bit unclear.
Our process is for our customers to ground test first (done) That confirms the certified installation is correct and fully functional. Then flight test, preferably with users that have never seen the app before. We just completed 7 days of that. From their make any adjustments necessary to improve the usability. (Done) Spend another week test flying just to be sure. (Starts Monday) Once that’s complete, testing is over and we are ready for operation. When we get to that point, I fully expect you will hear a lot more about fflya.
Good day today for IPTK 52 week high and I like the trading activity. I wrote this a a few years ago and covid may change the numbers but I believe it's still fundamentally possible
e-ore Member Level Saturday, 12/02/17 09:05:54 AM
Re: e-ore post# 278 0
Post # of 1037
Lets look at the ultimate potential here. Low Cost Carriers (LCC) flew over 500,000,000 passengers in 2016. There's more now, lets say 600,000,000 in 2018 and lets just dream and say in 2018 half of them have access to the fflya system. That's 300,000,000. Lets say IPTK gets .01 any time a passenger uses the system for sms or email. Lets say 1/2 of the passengers text or email at least once during a flight. That would net IPTK $1,500,000. Lets say 2% of the passengers use the system to book a hotel, restaurant, attraction, car, tour, etc. Lets say IPTK gets 2% of the booking charge and the average booking is $100. So they get $2 for each booking. That's another $12,000,000.
So that's $13,500,000 in revenue to IPTK. My favorite thing here is the business model. They are willing to give the system to the airlines; it's that inexpensive. The podcast said one booking per flight would pay the airlines back for the system. So once the system was installed there would be no expense to IPTK other than the cost of being in business as a public company. No maintenance, no large jump in employees, no expansion of facilities as they grow. Margins would be very high so lets say net income from operations becomes $12,500,000 on the above basis. There's 161,000,000 shares outstanding as of the last filing. So earnings would be .077 share.
Rare, imo, to find a business model that can generate margins that high. Am I too optimistic with what they'd get per passenger? Ok, cut my estimate in half and they'd get .0385 per share. Of course the possibility exists that they'd get more, both in terms of passengers and revenue sharing. Potential cash cow here
No I'm with you on this. Yea I couldn't even imagine what 1-2M in volume would do here myself. Not pumping at all...sometimes its hard to express the possibilities without sounding pumpy. But we have all been here so long clearly this doesn't get pumped and dumped. We have all stood pat. I do post this ticker often but its a cross between actually just helping to get the word out and excitement for what I believe this company could be. I'm most shocked that I'm generally just talking to myself on twitter etc..but I get it...only so much can be said as this plays out..lol.
But I look back at H R B R @.09 ...and I'll never forget there was only one person tweeting about it when I came across it...after a week or 2 of dd it was just me and him talking back and forth and posting the ticker and then a person replied to us..something like "if this opportunity is so great how come you two are the only ones talking about it?"...lol ...It took a little patience but next thing you know that thing was at $3. Not saying it will work like that here of course...but I see that same kind of potential down the road.
So yea as long as I'm posting factual info and credible articles and talking about realistic potential...I don't worry much about the pump label. It does get hard to contain the excitement sometimes..that is for sure.
imho
mj
Like I said imagine 1 or 2 million volume on this baby. I’m not trying to pump this but I can’t hide feelings. ??
Yes sir...we know that's how they start. With this float literally one person can easily move it...I had chased it up on my self in the past. Makes it tough to accumulate size with no one selling anything on the bid. I couldn't even imagine what might happen if even just 10 or 20 people tried to get in at the same time let alone 50 or 100 or more.
I think a successful launch with WIZZ might quickly open up peoples eyes to start looking into this industry and how big this could potentially be.
No guarantees of course, but an interesting approach to airline connectivity.
I like to go back and read Ron's messages from time to time...like this one...helps keep it all in perspective.
asiqlimited Tuesday, 02/19/19 06:49:11 PM
Re: bb72mo post# 379 0
Post #
389
of 1034
You are correct, we are strange, and it is weird that I post on this forum. Fact is, to attempt what we are trying to do, you have to be a bit odd.
The reason I like this forum is, it has most things published on us, so I point shareholders to it.
So, to clarify, we do not have a PR firm. Been there done that and seen what premature PR results from it. Our rationale is, once we prove our system with a customer, the PR will take care of itself as we will have changed the inflight connectivity business.
The previous comment is correct, you would need a lot of patience to persevere with us and I can appreciate general investors will get sick of us. It’s been 9 years since I floated the original concept which is even hard for me to comprehend. What you need to bear in mind is, we are trying to do to inflight Wi-Fi, what WhatsApp did to SMS. WhatsApp did not replace SMS, they just created a more cost effective and different way of sending messages which appealed to a cost-conscious market. Not dissimilar to our plan. Difference is, they had no revenue model we do. Every commercial component of our new platform has evolved from previous major airline programs we have implemented. Add to that, we have the Bizjet version of it called CHiiMP come online in Europe and North America in January and another this month.
So, while we are not where we would like to be, our timing appears to be OK as the new Iridium Next satellite constellation which is what we leverage off, was only completed last month. (2 years behind schedule)
Finally, the challenge of changing an industries thinking is not simple, but after a year on the speaking/show circuit and talking to many low-cost airlines we are starting to gain some traction.
Obviously, it will be a lot clearer once the airline system is operational and that's our current focus.
Regards
Ron Chapman
Thx. Yea I give credit of any 'find' to those that were here before me...It was a tweet or message that brought my attention here...I just had gotten a bit lucky with the timing I came in. Seems we are getting closer to something. From the first day I stumbled in here and started reading I felt like I was looking at a potential big board stock. The tech made perfect sense, the leader and team around it couldn't be better, the potential market size and opportunity seemed great, the share structure was great and people love to text and communicate no better foundation...I don't know how it all works out in the end..but this just never felt like a penny stock to me.
Just happy to be a part of this one. Hopefully we witness monster company success here for Ron and all those behind him. And should they choose that route...maybe one day they get to ring that opening bell ? What a day that would be huh?
Listening to this podcast really got my attention...I figure if those that closely cover the airline industry were this in the dark about what was happening...then the investing community was likely and still is likely even further behind.
https://runwaygirlnetwork.com/2017/11/29/paxex-podcast-bending-bluetooth-to-become-an-onboard-network/
imho
mj
getting a little volume today
Welcome aboard. I agree that the potential is there for this to be a special OTC ticket.
Looking at all the aspects of what the Fflya system can offer low cost airlines and their potential to monetize these avenues...I really like seeing this trend line right here.
https://www.statista.com/statistics/586677/global-low-cost-carrier-market-capacity-share/
Can't ask for a better 1st partner that knows their way around ancillary revenues...
https://simpleflying.com/airlines-ancillary-revenue-2020/
https://travelweekly.co.uk/news/air/wizz-air-tops-ancillary-revenues-chart-as-pandemic-slashes-fares
This float is tightly held that is for sure. Will be interesting to see how the stock reacts upon the first joint communication about this partnership when its announced to the investing public. I would think that might bring a whole new level of eyes to this ticker. This news will go global into the low cost industry and with this float it makes for some interesting possibilities should buyers come. And whether the price immediately increases from here or not...the ball will be rolling towards the next customer. I really like that their software is unique and proprietary.
imho
mj
Congratulations to all the longs here! Nice find MJ!
Been accumulating this has so much potential wow
Fair enough. Thank You.
mj
I am under NDA so no comment.??
Hi Ron,
I just want to make sure I'm understanding correctly. Are you saying that you have made some final adjustments based on initial test flights that have already occurred with WIZZ or is the first flight still upcoming?
Does the good to go mean start of commercial rollout ? Or does it mean good to go for first test flights with WIZZ after all the internal testing is completed?
Sorry for the confusion.
Just want to make sure I'm understanding
Thank you for all of your efforts!
imho
mj
Yes, we have made some final adjustments based on the initial test flights, will test again next week then should be good to go.
Great! Thank you for the heads up.
Fflya-Wizz Apps for both Android and Apple looking good.
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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