AS-IP Tech Inc (IPTK)

[westcoastcash]

More great news. Not even one person is interested in buying this stock. What a shame.
The news seems to be going out to existing shareholder who have all bought at higher prices.
And no interest in buying more

[asiqlimited]

https://www.einpresswire.com/article/644771130/asip-tech-adds-ai-to-its-fflya-airline-free-messaging-platform

[asiqlimited]

It is interesting as they have sold as many in the last 6 weeks as traded in the previous 12 months. It is tax time here is Australia (30th June) and around 80% of the stock is held here, most via self managed super funds. In July many are required to draw a small percentage of cash from the fund so could be someone needs the money. Although is not a lot of money.

[MJAM2020]

Yeah I don't know either. That big dump from the one day...Some said insider,,some said early investor...some margin call on a retailer? Who know's? It seems we do see one or two of these each year. Some of these small ones and today just feel like impatient retail or someone taking out some spending money. The float here is so thin it can work with us or against us. I'm still holding and wish I could know when another block of 500k or 1m comes in at .006...I will take a million shares in that area to add to my pile. I still like the potential here down the road. The tech seems to be there and if it is, it seems there would be quite a bit of demand and interest in my opinion. I'll take the gamble that eventually this stock turns upward and it might just coincide with when the interest rates stop being raised. And we've seen in the past just how fast it can go with just a little interest. The good move we had 2 ago was .03 to .30 in very short order. 2nd have of this yr we could be in for some nice PR's if WIZZ finally gets more of the fleet install going and other airlines are announced to be under contract.

I don't know...Only time will tell.

imho
mj

[bb72mo]

This is ridiculous that someone is selling at penny and below. I really don’t know what is going on.

[MJAM2020]

Thank you for the updates and the video. Yes we have seen this one a few yrs back along with another one on the history of the co. It sounds busy behind the scenes which is a good thing. Hopefully negotiations progress well with these other airlines. If the tech is all there and the interest builds from airlines I'd imagine we'll pick up steam in 2024 and beyond. And although fairly minimal at this point...it is nice to see some revenues coming in from bizjet to help the cause.

Best Wishes to you and the team going forward.

imho
mj

[asiqlimited]

I am not sure if you have seen this video on FFlya

https://www.dropbox.com/s/qz62pg8iuejyxyt/fflya%20214181.mp4?dl=0

[asiqlimited]

Has been a very hectic last 6 months. Currently have 3 major airlines proposals in negotiation and a 4th going out later this month. I will see what I can do on all the new BOB features in the app however, we are constrained by NDA’s.

What I can show you (link below) is a pic of an actual airline live payment terminal connected to our FFlya Certus router.

https://www.dropbox.com/s/p8oy5t7dadt6l0e/IMG_6064.jpg?dl=0

FYI on Wizz unfortunately as the new kits only recently arrived the fleet equip will be delayed until after the summer peak as no aircraft are available during this period.
I appreciate that’s disappointing, but how we certified it has never been done before and that’s always a challenge. The upside is STC’s are universally accepted.

[MJAM2020]

Hello Ron. Just curious...If there has a been a lot of marketing activity going on as you mentioned in the post I'm replying to...I was wondering if there might be some new marketing materials we could see such as new videos etc like the ones that you posted here a few yrs ago? Or maybe just a video of the app in use as it stands now? I thought with the development of BOB and the progress with the messaging/pymt features there might be some new marketing materials to go along with those developments. As always anything you could share would be very much appreciated...However if you are unable to share things due to sensitivity that would understood as well.

Best Wishes,

imho
mj

[Traderfan]

Yep absolutely most likely it was a margin call. They just dumped into the bid with a 90% loss. Insane.

[i_like_bb_stock]

Wonderful a giant whack

[nsomniyak]

Me too. Wish I had had a stink bid in.

[nsomniyak]

The sales happened at 12:30 EDT on the dot. My bet is somebody got a margin call at the open to the effect of "you have 3 hours to cover the margin requirement in your account or we will initiate forced sales to do so". From there it was automatic - no money received, forced sales happen immediately through automated orders.

When a broker does this, they start from the bottom and work up i.e. otc stocks first.

[MJAM2020]

Yea I bet there will be a few with some lower bids in now...lol. I gladly would have taken another few hundred k shares at .004...Those would already be looking great on paper..lol

imho
mj

[nsomniyak]

Down sharply with big volume on no news. Either there is bad news we have not heard yet or this is unrelated to IPTK's fundamentals. One possibility is that someone got a forced buy-in on a margin call. That is my guess as to what is the most likely cause of the drop, as it looks like this was what I call "dog barf selling" (just get it out fast) with no regard for what price they got--just blowing through the bids until the shares were gone.

I took the opportunity to add to my position at .03

Memo to self - days like this are why it can be profitable to always keep a really stinky bid out there on otc stocks. Sometimes you get a dog barf sale like this and shares can fall to you (usually just after the open).

[westcoastcash]

Guess, I was wrong. Under a half a penny. Maybe Ron could say something to his investors to qualm their fears. Not looking good to his faithful followers

[MJAM2020]

Don't know... Guessing either a retail holder got impatient...or an early investor peeled a bit more out? The float and the following here is so thin there aren't many buyers out here with bids in to absorb any selling regardless of where it comes from. Hmm...not sure. Def a rough one to see on paper. Hopefully all is good on the tech side and there aren't any surprises coming. I'm looking for the first 19 planes to be installed anytime if they are hoping to be in Rev generation with WIZZ in Q2. I think this is the first time below my cost avg since I originally bought in 2+yrs ago...certainly not easy to look at. Hopefully this dip is very short lived.

imho
mj

[bb72mo]

What is F happening

[asiqlimited]

You are correct, all they currently deliver is a moving map, games and some destination videos. This is a battery powered system that requires 2 boxes per aircraft and is recharged every day. Cheap solution for entertainment.

There were 12 vendors providing the same system, half went broke during COVID.

Inflight Dublin and Bluebox are the largest. Both have approached us to enable then. Airfi approached us in 2018 but we declined. Battery powered wifi intranet is a flawed designed. It’s cheap and at least 100 airlines have various version from multiple vendors (many of whom have returned the systems) as they can’t afford real connectivity.

First of all, wifi cannot do SMS. Thats a telco service and you need SMS in Europe for 2 stage credit card authorisation. Only FFlya delivers SMS. Secondly you cannot connect 200 passengers on wifi down a tiny iridium link. It 22/88kbps that’s 200 times slower than what most people have in their home.

So while you will see a lot of hype on these types of system, the fact is wifi needs broadband and low cost airlines cannot justify the high cost of broadband as no one they carry will pay.

Having said that, you can connect one or two payment terminals via wifi using Iridium, but again on wifi you need multiple boxes to cover the aircraft and a dual satellite link. Airbus specifies you need 3-4 wifi access points to cover an a32x aircraft

That’s why we invented FFlya with Bluetooth. Only FFlya can connect everyone onboard with free messaging including the crew and payment terminals with a single low cost access point, plus we have flight proven 2 stage authorisation.

FYI recently Delta announced delivering free messaging but reportedly they need to invest $1billion to make it happen. The inflight wifi model is broken! Either the passengers pay or the airline pays. For low cost airlines it does not add up.

The world is obsessed with wifi and that’s fine on the ground, but pump it via a 3-13 billion dollar satellite network and that’s another story.

If it’s so cheap and accessible why does Elon musk charge US$100 per month and $25k per month on his new bizjet system.

Fact: You will never have cheap wifi via a satellite. Just the cost alone to get them up their kills it.

Historically Satellite wifi is for those who have no other option. That’s why we invented FFlya.

[MJAM2020]

I see. I'm just in hopes ASIP maintains the early mover advantages they seemed to have back a good few yrs ago. Definitely excited for upcoming updates. I was looking at EasyJet as one of the potential partners to ASIP to help improve their passenger experience inflight.

imho
mj

[e-ore]

Everything I see so far from airfi is all on board the aircraft or back and forth from the satellites to the aircraft. IPTK has built out the ground network allowing communication to the ground and therefore connections for credit card authorization, text messaging and email. From that article:

"Used aboard easyJet’s aircraft, the AirFi Box will allow passengers to connect to and browse the onboard shop menu. It will allow passengers to access flight and safety information plus free-of-charge destination content, the inflight magazine and a selection of games. Initially, passengers flying on the easyJet’s fleet of 27 A320 family aircraft from Geneva and Basel will be able to use laptops, tablets and wifi-enabled phones to connect to the local wifi network created by the AirFi boxes"

Emphasis is mine.

[MJAM2020]

While I'm not sure if they have delivered it yet...with all of the other offerings I feel like messaging might not be far behind...this article mentions connecting crew...

https://www.onboardhospitality.com/airfi-box-powers-connectivity-on-easyjet-flights/

[e-ore]

I don't see anything about messaging, email or credit card processing, which fflya has in use. Airfi offering only IFE (inflight entertainment) at this point where fflya has IFC, inflight connectivity. That's the way I see it.

"enabling passengers to access games, journey-specific content and airline information, plus browse inflight retail offerings using their own mobile phones, tablet or laptops"

Airfi lets you do on your phone what you can do on the seatback screen. For airlines that don't have seatback screens it's a plus but it's not unique; lots of companies offer that. Bluebox, for one. fflya is integrated into the airline app which almost all passengers will have on their devices. Not sure how airfi connects

[MJAM2020]

Looks like some aspects of AirFi are now live on EasyJet...And they seemed to have jumped pretty quickly from the initial trial to over 100 planes with that airline...It looks like competition is here...The market is likely big enough for a player or few...hopefully ASIP TECH just does it better. :) I guess time will tell. We should be hearing something soon on a few fronts one would think?

https://runwaygirlnetwork.com/2022/12/airfi-deploys-wireless-ife-on-easyjet/

https://aviationweek.com/air-transport/interiors-connectivity/easyjet-expands-inflight-connectivity-offering

https://paxex.aero/easyjet-airfi-portal-shopping-connectivity/

imho
mj

[MJAM2020]

I just posted it because it gives a rough idea of the current demand for the series of planes we are able to and currently installing on. Single Aisle... A320, A321, A32X series... Looks like there is some decent demand for these planes in total in the industry...obviously it matters which airlines we make deals with...but its nice to see the planes have demand in general.

I'm very interested to hear who airline #2 is. Should be hearing that news anytime I would think. Being a material event we'd likely see at least an 8k upon the first plane being installed. Some sort of tentative non binding deal would likely be in place going in to that. I would be happy with any airline...but I'm leaning towards EasyJet or RyanAir...Based on passengers flown those are the 2 I would think we'd like to get next.

Undisputed leader in the single aisle category.
https://www.airbus.com/en/products-services/commercial-aircraft/passenger-aircraft/a320-family#:~:text=As%20the%20undisputed%20leader%20in,cost%20operators%20to%20mainline%20carriers.

imho
mj.

[bb72mo]

What’s this about? Thank you!

[MJAM2020]

https://www.airbus.com/en/products-services/commercial-aircraft/market/orders-and-deliveries

[westcoastcash]

The stock price was higher 10 years ago. we could go back to 1 penny. IMO

[bb72mo]

On this rate iptk should report even in three quarters

[westcoastcash]

Your right Ron, It's been 0ver 10 years. I don't call that a sprint.

[MJAM2020]

From stock scan on Twitter. Looks like the OS has grown a bit. Maybe for production/Installation of units?

Stock Scan
@stockscan01
·
May 1
$IPT
IPTK

0,05415
Outstanding Shares Updated:
Old: 283.252.495 (2023-02-02)
New: 285.794.247 (2023-05-02)
Difference: +0.8973% (+2.541.752)

Graph: http://stock-scan.io/OSASGraph/IPTK

[asiqlimited]

Understood, there are 16 million in the trading account and not everyone is going to hang in their. It’s a marathon not a sprint. We appreciate the patience and support.

[bb72mo]

Yes but I follow this stock for more then 5 years and when I see huge chunks of shares I know nobody got that many at 2 or 3 cents so it’s insider or someone who bought over 10 cents or more that’s selling for loss. It’s just unusual that I see since I check level 2 every day. Just expressing what I see and know. Good luck Ron.

[asiqlimited]

FYI Family and friends control 80% of the stock, so I would think that is highly unlikely.

[e-ore]

IPTK price held up well so far. Willing buyers, price didn't get anywhere near 52 week low. Not yet anyway.

Here's a snippet from a Runway Girl Network article today. Emphasis is mine

But whilst advances in inflight connectivity are happening all the time — both single-aisle and twin-aisle aircraft are increasingly being fitted with high-throughput modems, high-performance antennas and more reliable WAPs — the high cost of bandwidth, gaps in satellite coverage, bandwidth constraints, and other technological inhibitors mean that most widebodies flying internationally aren’t presently able to support a planeload of passengers simultaneously streaming HD content over the broadband pipe.

Not by a long shot.

In fact, anyone who regularly flies connected widebodies knows that inflight Wi-Fi is often buggy and can suffer from coverage gaps. “It’s awful. I mean the flight I took from the UK; I couldn’t get connected. It gave you the illusion that there was connectivity and that was it. And then, everything froze,” Rivada business development manager Joe Apa confided to RGN at the SATELLITE 2023 Conference and Exhibition in Washington DC, after your author shared some of her own recent experiences flying twin-aisle aircraft on international routes with inoperable Wi-Fi.

And so, with a few exceptions — such as Virgin Atlantic’s new Viasat-fitted Airbus A330neos flying within the satellite operator’s footprint across the North Atlantic corridor (which supports streaming-capable service for passengers with clear caveats) — the connected D2C/IFE paradigm on board widebodies has largely not transpired. According to AERQ head of strategy and business development Jonas von Krüchten, who serves as chair of the Airline Passenger Experience Association’s APEX Technology Committee, the ability for many passengers to stream HD content on twin-aisle aircraft is not likely to happen anytime soon.

https://runwaygirlnetwork.com/2023/05/bandwidth-barriers-d2c-ife-widebodies/

[MJAM2020]

As long as they don't flood the float on us I don't mind them getting a little out here and there. If ASIP is able to monetize like we believe they can...then certainly a few hundred k shares here and there won't kill us. I think this will start to become more visible to investors and the airline industry as a whole once we are on those first 19 planes and revenues start being generated. The lower they drop this while they dribble out these shares I may take another chunk of them. Things are progressing. I'll be sticking this out a bit longer to at least see revenues and how all that comes together as long as we don't see continuous chunks on the ask like this each week. Maybe airline #2 announced soon? We know there is some kind of market here for this solution...will be interesting to see how it all plays out. Feels like we are getting closer.

Best of luck to all.

Imho
Mj

[bb72mo]

Good news but it’s obvious founders are selling shares.

[MJAM2020]

Great news! Thx for the update!

Mj

[e-ore]

Great news, I enjoyed it. Thanks for the update

[asiqlimited]

Our latest news, will update more ASAP

https://www.prnewswire.com/news-releases/asip-tech-announces-new-stc-for-fflya-301818466.html?tc=eml_cleartime

[MJAM2020]

Yea the round table host mentioned that. But also noticed they were becoming more vocal again in recent months. They are acting like they are ready...could just be hype though. The article mentioned they were waiting on 2 technical approvals or something like that.

Excited to hear the next company updates. Feels like we are getting close to actual PR time...whether it be the first 19 planes in operation...or a nice financing deal that puts a little gas to this fire. Also who is airline #2?

Imho
Mj

[e-ore]

Airfi was going to equip Atlantic in 2018. They're still waiting. IPTK fflya in use for some time now

[MJAM2020]

I wonder what the technical features are that they are waiting on with AIRFI mentioned in the link below? It says the one customer has been waiting since 2018? Def seems the chase the is on. In that round table discussion from my last post they mentioned a lot of the same things we have been hearing here for a few yrs. Certainly there is a need and market. Its all about who does it...and who does it right. If we get into revenue generation with WIZZ this Q...I'd imagine a lot of those on the fence about the tech or those that are waiting on other services like AIRFI etc to get going might just take a look over here. It was interesting to me that in that round table discussion the Executive Director of Aviation at Iridium was claiming that Airfi was the perfect solution etc for customers. If other services like FFLYA are also using Iridium it seems like Iridium themselves wouldn't push one over the other unless they have some kind of special deal going on? I don't know..maybe I misunderstood something there?

Either way it certainly appears the chase is on. I like our horse in this race. Looking for updates any day on quite a few fronts that Ron had mentioned back in March.

https://paxex.aero/airfi-leo-rollout/

Best Wishes to all.

imho
mj

[MJAM2020]

Sounds like maybe some of IPTK's recipe in here? I believe Ron may have mentioned AirFi before but I can't recall what was said though...its been a while..lol.

LEO Round table discussion from 1 month ago....

AirFi LEO aims to alter the inflight retail landscape
20 OCTOBER 2022 BY SETH MILLER 1 COMMENT

https://paxex.aero/airfi-leo/

The antenna, modem, and on-board access point that make up the AirFi LEO solution
The antenna, modem, and on-board access point that make up the AirFi LEO solution
With successful tests on two airlines, AirFi sees certification of its LEO inflight connectivity offering on the horizon. Clearing that hurdle is critical, of course, but then the real work begins. The company must also make the business case to airlines, sliding AirFi LEO in between the higher priced and higher bandwidth satellite offerings and the disconnected status quo.

CEO Job Heimerikx comes at that argument from both sides, pushing both the increased revenue opportunities of a connected aircraft, as well as cost savings. And delivering those without the cost and weight of a larger broadband solution on board is a key differentiator for the product.

We’re not talking about browsing or streaming or end-user behavior. We’re talking about making the business case.

– AirFi CEO Job Heimerikx

In conversations earlier this month at the World Aviation Festival in Amsterdam the argument was made that airlines should not expect their inflight connectivity solutions to be directly profitable. Heimerikx objected to that theory during the panel discussion, though the other may have drowned out the protests. Still, there are many airlines which cannot rely on other departments within the organization to subsidize connectivity on board. Yet potential remains for benefits from an online inflight experience. Just not the same one many passengers think of today.

The AirFi LEO system is a lightweight offering, consisting of two small antennas mounted in the plane’s windows, a modem, and the AirFi media box. It uses the same Iridium Next satellite constellation as the fflya solution now in trials on Wizz Air. But AirFi operates with a very different view of the market, and a different take on how much bandwidth is necessary.

Read more: AirFi moving forward with Atlantic Airways’ connected deployment
The two most compelling features for AirFi LEO today are real-time weather updates and transaction processing on board. Getting current weather information to the flight deck allows for more efficient routings and a more comfortable trip. An initial test with KLM‘s Cargo division yielded strong results on the navigational front.

For transaction processing, AirFi sees an opportunity to remove fraud and increase cart size, both cutting costs and increasing revenue. Tests with Atlantic Airways are promising, even with deployment delays related to COVID.

Read more: AirFi moving forward with Atlantic Airways’ connected deployment
And once the system is on board to improve payment security with lower cost the other use cases begin to open up. Advertising becomes more targeted when the systems have connectivity. Little passenger wins like updated connecting gate information can be delivered on board.


More significantly, however, the onboard shopping experience can be extended to a massively larger catalog. Fulfillment occurs on the ground at arrival rather than in the air. The connection allows a shopping cart to be transmitted for pennies.


Heimerikx also sees a risk with opening up too much direct internet access, at least for a certain type of airline. “For the low cost carriers [streaming and web browsing] are actions they don’t want to have. You lose the contact with the clients. It is very dangerous for the business case with that type of airline, as they lose the brand connection with the passengers during the trip.”

But a lightweight connection does open up the ability for real-time booking of restaurant reservations, event tickets, or tour packages for the destination city. The catalog can be cached on the aircraft with just inventory and pricing updating on the thin link.

Read more: easyJet snags AirFi for digital inflight transformation
An expanded inflight shopping experience is the sort of thing Heimerikx sees as potentially benefitting even more established airlines, such as AirFi’s newest partner, easyJet. Today that deal covers snacks, drinks, and duty-free shopping on board. Extending it to destination-focused products, with minimal additional expense, could be a big win for the AirFi LEO solution.

Heimerikx also sees potential for a limited end-user connectivity experience as part of the equation, but operational benefits to the airline are the main focus.

The fflya platform’s focus is primarily passenger messaging service, delivered via a custom app and a Bluetooth connection on board. The company monetizes the platform through targeted advertising in that interface. It also recently added credit card transaction processing to its portfolio.

One reason, perhaps, for the different service offerings between fflya and AirFi LEO is the different connections used on the Iridium network. Fflya uses Iridium’s burst messaging service, with limited bandwidth and an asynchronous architecture (more like SMS messaging than a standard IP link) compared to the Certus connection of AirFi LEO. This gives AirFi more flexibility to scale up the offering into other on-board services. Also of note, AirFi initially trialed the burst messaging platform, choosing to migrate to Certus for the increased capacity.


imho
mj

[MJAM2020]

Thank you for taking the time to put this message together. Seeing info compiled like this from time to time likely serves as a good refresher for some us and helps paint the potential picture for any new comers who might be looking in on the company.

Very much appreciated. Looking forward to future communications.

Best Wishes,

imho
mj

[asiqlimited]

As there is always a lot of hype about free Wifi, I thought I would put the major airline Wifi industry into perspective.

The world is obsessed with Wifi, which makes it logical that major companies will spend billions trying to deliver Wifi to aircraft.

Someone obviously thinks it worth it to tap into 5 billion travellers. Even superstar Elon Musk with his $10 Billion Starlink is jumping in.

The bizjet world has been dominated by GOGO in the domestic USA and internationally, Inmarsat and Viasat are merging to fight the power of Intelsat and Utelsat, the big satellite players in the airline world.

They are all hyping faster, with Elon leading the pack for now, but since when is faster been cheaper.

Yes Elon is faster, but he spent twice as much money on his satellites as the existing guys to achieve it. That’s why he charges US$100 per month which is double the service charge of his competition on the ground.

His latest foray into business jets is the same. Viasat charge $5-$11K per month, Elon $11-$25K per month for a private jet.

So faster doesn’t come cheap with Elon’s, Starlink and even he is yet to launch a viable system for the major airline world. Being up against the incumbent satellite guys who dominate with 5 and 10 year contracts it’s not that simple. Starlink’s pilot program on the JSX 20 seater aircraft shows it is faster, and as a private charter operator they pay the bill.

Serving 200-400 passengers on an airliner using the same link, the jury is still out on that one and we have yet to see a solution.

So don’t expect faster Wifi in an aircraft to get dramatically cheaper. Somehow they need to recoup the horrendously high cost of the satellite network, equipment and installations, so free is a dirty word. Someone has to pay.

Having said that, like Delta who reportedly are spending $1 Billion to offer free Wifi to thier frequent flyers, sooner or later every major airline will have to offer at least free text to their frequent flyers. Unfortunately not every airline has the power and profitability of Delta to pay the bill, so many will not.

It’s the reason why of the 28,000 airliners in operation, after 14 years of service only 10,000 have Wifi. The airline Wifi model is broken. Fact is, no one has made money on inflight Wifi except private jets, as they pay.

Ultra Low Cost Airlines who carry leisure traveler’s know passengers won’t pay for Wifi and this is why we invented fflya based on Bluetooth and the new proven Iridium satellites.

How does fflya solve this problem for low cost airlines?

We don’t use Wifi and leave the internet on the ground. Effectively we only deliver Telco 3G services like sms and text messaging that doesn’t need broadband. Wifi Internet is the worst possible thing you can send via satellite. It’s slow and costly compared to the ground.

People just want to stay in contact, so we invented networks and apps that talk Bluetooth to the ground, then convert it and deliver it via Telco’s to someone phone.

The end result is, our average satellite message size is just 100 bits if data. If you use WhatsApp on Wifi and the Internet, your average message is 7000 bits.

So 70 times the cost and that’s not including the cost of internet chatting WiFi apps must do in background to stay alive.

You can recoup the cost if 100 bits from a sponsor, but not 7000 and we don’t need $250K-$1 million dollars worth of equipment and 700 hours of installation to do it.

Our Gen 2 system, which we will soon release, is $15K and installed in 8 hours.

The best way to look at it is, Wifi is the equivalent of business class seats. All major airlines have to have it to appease their most important traveler’s, but unlike business class, no different to why they offer free movies, you can’t charge them a premium to use it.

On Low Cost Airlines everything is charged, so offering free internet does nothing for them. If you give passengers Wifi and free internet all they will do is bring Facebook, Google, Amazon and WhatsApp into the aircraft, who will harvest their passengers data and sell their products.

By not activating Wifi and leaving the internet on the ground, a passengers only contact with the outside world is via our Bluetooth walled garden, our messaging services and our data, using our embedded software inside the airline booking app. That also solves the major problem of launching any new app or service, the high cost of acquiring new subscribers.

When they download the airline app we get instant access to millions on new subscribers every month. That can add up to billions of advertising impression as they navigate the app, and an exclusive selling opportunity for our products and services while captive for 2-4 hours.

That’s why FFlya is the only change in inflight connectivity in 20 years.

Finally, launching any new invention with a multibillion airline like Wizz takes patience and time. With 6 aircraft in full operation and more in process, it’s only a matter of time until we complete the initial fleet.

This is our focus. Get number one right and like business class seats the rest will follow.

I will update you further on our progress ASAP.

[MJAM2020]

Today looks like the 430k ask at .08 has now been joined by another 200k selling? Possible inside holders selling? The right updates could quickly take care of those asks. Time will tell.

imho
mj

[MJAM2020]

430k shares on the ask today? Thats different. If those shares start hitting the bid I'll put out a decent net for some. Updates or PR most likely sooner rather than later on the following...

19 total Wizz U.K. planes installed.
Financing deal/partner
Details on BoB offerings for entertainment/shopping and potential airlines showing interest.
The naming of Airline #2 / 1st install for Fflya.
Interest in FFLYA transact.

As was said before...Demand for connectivity is not the issue. The issue is who has the recipe to deliver it profitably.

imho
mj

[MJAM2020]

Thx for the post. Yes prophetic indeed. Ron seemed to have seen alot of this coming years ago and it all seemed to make sense to me especially once I saw GOGO had sold their commercial arm for $400M and never turned a profit on it. People want to be connected but most aren't willing to foot the bill for the full on WIFI and streaming etc...its just not necessary today. Like they said growth isn't the problem it's figuring out how to make money at it. If ASIP shows their tech solutions work and that they can effectively monetize as suggested...then this stock will eventually be found in a big way. Free basic connectivity, Live inflight payments and now entertainment/shopping offerings...I have a difficult time seeing how all of this isn't successful on some level...especially being that it doesn't cost the airline...yet generates revenues for them from flight #1. It was exciting to hear that revenue generation could possibly begin in Q2 with Wizz. With the float of this stock it could get interesting in a hurry with any decent amount of interest. Seems like we are nearing some PR or filing type material events. Very interested to hear about airline #2 and who that might be.

imho
mj

[e-ore]

Great info from Runway Girl Network. A really sharp outfit. Solid information, weekly roundup email worth subscribing to. This article from early 2018 is very prophetic. Emphasis is mine


"The inflight entertainment and connectivity RFP process is evolving, with increasingly savvy airlines realizing “they don’t need a fully integrated RFP and can shop for the best option for the different layers”.
https://runwaygirlnetwork.com/2018/01/04/sitaonair-details-how-airline-rfp-process-is-evolving-for-ifec/

"Not unlike Gogo, which has had to fight passenger perception that Gogo means “slow-go” or “no-go” as its air-to-ground (ATG) service became capacity constrained, SITAONAIR has been the subject of unfavorable reviews as its Inmarsat SwiftBroadband-supported Internet service failed to deliver the speeds expected by the modern traveler."

Panasonic Avionics: “jury’s still out” on profitability of in-flight connectivity
“Prices are falling rapidly, but if you are a service provider like ourselves, you’ve got to position yourself so that you make a penny or two on every megabit you deliver,” he said. “Otherwise, the business is not sustainable. That is the biggest challenge in our marketplace today. Growth: not a problem. Profitability: a real problem.”

“Business is booming but no one is making money,” said Claude Rousseau, research director at Northern Sky Research, adding that inflight connectivity providers have a number of challenges to turning a profit that have yet to be worked out.

“It’s very capital intensive and the take rates are still too low. We see that the price for connectivity hasn’t moved much, except when it’s free, but then if it’s given for free somebody has to pay for it. In the end if it’s not the passenger, it will be the airline or the service provider, and in that latter case the service provider has a hard time recouping the money,” he said."
profitability-of-in-flight-connectivity/" rel="nofollow noopener noreferrer ugc" target="_blank">http://spacenews.com/panasonic-avionics-jurys-still-out-on-profitability-of-in-flight-connectivity/