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Acceleration of 800mhz rebanding:
Click here
Spectrum footprint is just two way low bitrate paging. Can't be used for lots of applications.
How much lower we go? 0.20?
Lots of dilution coming to support this company IMHO
You can see every license grant. Very active! Incredibly good news.
Spectrum that IOTA owns/controls is not cellular and cannot support high data rate transfers. It is very low bandwidth. This is fine for communicating text, but not graphics. BUT, it can communicate long distances which is a boon. For lower bandwidth IOT applications this spectrum makes the most sense from a cost standpoint.
Money raised for spectrum partner program?
Or one of the product lines that has disappeared from plain sight like Gatekeyper?
What happened with all of IOTA's other projects.
Gatekeyper?
Grovr?
They just fell off from existence nowhere to be found.
Everything going on behind the scenes has been kept close to the vest. I'm sure that there is a reason why.
Hopefully next Quarter's revenues will be at least 10-20% more than this past quarters. Quarterly revenue increases of at least 10-20%+ is what I expect out of this company if they are to meet their goals.
Nothing on those other programs and they disappeared from the new updated website. Are they playing their cards close to the vest or did these programs fail?
I looked over the 10Q and can't find anything related to the cue-rx program or any other projects that IOTA had been working on. I'm sure cue-rx has to be off the ground running as it has its own call center.
Company keeping big things on the down low???
I find the lack of news frustrating.
The future is bright for sure, but we haven't had any updates on the following projects:
Gatekeyper,
Tank Genie,
Cue-Rx (though there is now a dedicated website)
Grovr
Furthermore, besides cue-rx there is no mention of any of the other projects on their new site.
Since the merger all news has gone dead. I hope we see some updates soon. cue-rx has its own site now and when you call the main number it has its own division. Perhaps sales of that product has gotten traction, but hasn't been reported yet.
https://cue-rx.com
Cue-Rx Automatic Medication Pill Organizer Management System – Monitored with Alarm and Light Notifications for Patient – Alerts Caregiver of Missed Medication – Easy Set Up - No Internet Required https://www.amazon.com/dp/B07KMFDNJ6/ref=cm_sw_r_cp_apa_i_XZOnCb30RFNS9
The cue RX product from iota
Tax loss selling and this:
http://archive.fast-edgar.com//20181211/A3ZD4Q2CZM22LZZ222282ZZZGUOIZ6Q7G2A2/
Speculation:
Raising money for a large acquisition? Maybe?
There is also mention of reception of spectrum with this transaction as well. Interesting.
The following unaudited pro forma information presents the consolidated results of the Company’s operations and the results of the Merger as if it had been consummated on June 1, 2018. Such unaudited pro forma information is based on historical unaudited financial information with respect to the Merger and does not include operational for other charges which might have been affected by the Company. The unaudited pro forma information for the three months ended August 31, 2018 and 2017 presented below is for illustrative purposes only and is not necessarily indicative of the results which would have been achieved or results which may be achieved in the future. There were no material nonrecurring pro forma adjustments:
Three months ended August 31,
2018
2017
Net revenue
$ 6,296,052 $ 7,117,977
Net loss
$ (7,606,109 ) $ (5,786,206 )
Per the 10Q It seems that the IOTA subsidiary posted over $5 million in sales/revenue. If the numbers are to be believed. $6.2 revenue/sales total minus the $842k generated by Solbright. It does disclaim that numbers are unaudited.
10K is out
10K
As a previously private company M2M/Iota did not have to disclose anything publicly. Of course that all changes now.
The actual float of the companies shares will be very small.
128 million + 12 million warrants to M2M owners Barclay Knapp and Carol Downs - won't be sold
15 million restricted shares - can't be sold for 6 months. I suspect most will hold after the lock up period for a while
28 million shares of SBRT out of which 14 million are held by large players. Assuming the larger players won't sell that leaves only 14 million shares out.
The float therefore is only 14 million shares and many people have purchased shares based on this merger to hold.
Therefore, a very small amount of capital will be needed to move the needle here to a $1 billion company. IMHO the projected revenue in 2019-2020 support this valuation. This is the next tech unicorn. Be happy you are all involved.
Furthermore, there are many spectrum partners like myself who have invested many $$$ whom also have deep pockets that want more equity exposure to this company. I believe that is the movement you are seeing now. These people will be longer term holders. There is much more to this story.
The number of shares in the float will not increase at all with the merger. I personally had a demo of Medquarters and was very impressed. That product alone is going to be a major winner with enormous potential. Big things afoot and much of it not yet in the public domain.
The float right now is so low it is impossible to get a position of any size (i.e. $1 million or more) without moving price significantly.
I expect $2 minimum based on a number of factors:
1) Low float (of the new shares being issued the majority (>50%) will most likely be locked up and not trade
2) Exponentially increasing revenue. I expect yearly revenue in this company to top $100 million dollars in the next 2-3 years.
3) High profit margins. Much of their recurring revenues are subscription based and hence high profit margins (similar to Amazon AWS model). So once hardware is purchased everything else becomes a high profit margins
4) I expect more mergers to supercharge their growth.
I see no reason why IOTA should not have at least a $1 billion market cap by 2020 with its exceptional growth profile going forward.
Just my opinions of course
Owners of this stock have just been blessed with the greatest opportunity this decade.
Barclay Knapp and IOTA is about to put you guys on the map.
https://www.iotacommunications.com/our-company/leadership/