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Re: Bobwins post# 1157

Thursday, 09/01/2016 11:30:22 AM

Thursday, September 01, 2016 11:30:22 AM

Post# of 2830
Are you kidding? Do you understand the 5barz business model at all? It's not the retail "Joe Schmoe" that will be buying these. You do understand that it's the TELECOM'S & ISP's that 5Barz is selling to... and not retail...do you not??

Talking about serious, I think some serious reading is in order. Here's a start:

Vasan Paulraj, Managing Director and Business Head – Financial Sponsors Group at Axis Capital, which serves as 5BARZ India’s Investment Banker, commented on today’s news, “This is one of the most significant deals in the Indian telecom industry in the last several years and the way that 5BARz India’s last mile connectivity is monetized is extremely innovative. The creativity of 5BARz management in structuring this deal exemplifies the qualities we look for in the executive teams of those technology companies with which we partner, and was the key to successfully closing this transaction. We are in the process of raising the capital required for this rollout and fully support 5BARz India in this endeavor.”


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