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Re: Edgarsmoney post# 1494

Friday, 05/19/2017 11:54:16 AM

Friday, May 19, 2017 11:54:16 AM

Post# of 2830
His contact is published in the Late Filing Notifications and anyone is free to call him.

This is how I see the puzzle now, 'somewhat' along the same lines as zerosum in terms of patience.

I don't think 5Barz is going to disappear overnight. I confirmed with Kaynes last week that they have an alliance and they are looking forward to the growth this will bring them, speaking strictly about the ROVR. And I found 2 contacts for Flextronics in a 2014 release directly from Flex last night. I suppose we could call them to see if they are still onboard.

I believe that the Network Extender is still the primary focus and that 5Barz needs Flextronics. But 5Bars cannot yet guarantee Flextronics the production run quantities necessary for Flextronics to tool up for the manufacturing, especially since the whole Latin America initiative had to be put on the backburner. That was clearly explained in a MarketWatch PR update. Flextronics are not going to make 50 this week and a hundred next week and so on. They want a steady flow of X-thousands units per month for a number of years.

The ROVR is a secondary device requested by the Telco or by Vodafone for additional end user (customer) support. Just like AT&T with the Uverse router, same thing. But basically the market is already flooded with WiFi routers.

However, a primary feature of the ROVR is the Dual Backhaul capability. One wired ISP connection and one wireless ISP connection for seamless failover. That means that the optional wireless failover backhaul depends on a good cellular connection, making it dependent on the Network Extender.

With the alliance and help from Kaynes, Bland stressed in the PR that this will enable them to achieve huge ROI's during the initial stages and so my thinking is that this capital will go directly back into the Network Extender. And if they can achieve critical mass with the network extender and meet the requirements of Flextronics then we're all in business. Albeit that the ROVR alone, with an initial order of 5 million units should be a good start but I don't think it's a unique sustainable business. They need enough orders for the foreseeable future, especially the Net Extender, to be able to guarantee the manufacturers a steady flow. The Net Extender is still the unique business offering and ultimately the missing link for the cellular Telcos.

So all this is certainly not something that you are going to achieve over night. 20 years ago it might have been a lot easier when everyone was eager and hungry but with the sophisticated business models that huge companies have today especially in the Tech Sector you need to be pretty big just to get started. I'm sure this is where the experience and guidance of Amelio and Conner come into critical play. They have that 20 years of industry growth experience and know how it all works.

But I am still nervous and somewhat disappointed as we continue to watch the stock spiral down, one step forward two steps back.

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