AS-IP Tech Inc (IPTK)

[e-ore]

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. Lufthansa "whitelisting" their system and using it now a huge development, imo

This iridium-next modem from Lufthansa uses the fflya system
"Safer, powered, Iridium NEXT-connected BoardConnect Portable unveiled"
https://runwaygirlnetwork.com/2017/10/10/lhs-lht-combine-for-safer-powered-iridium-next-connected-boardconnect-portable/

More IPTK dd

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=136545761

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=136531719

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127769028

Podcast is in this article, give a listen. It's about 1/2 hour
https://runwaygirlnetwork.com/2017/11/29/paxex-podcast-bending-bluetooth-to-become-an-onboard-network/