AS-IP Tech Inc (IPTK)

[e-ore]

Happy to see IPTK raising some serious money from shareholders. Since in the recent podcast the CEO said he's willing to give the aircraft part of the system away (in return for revenue sharing) this funding is for the ground network, 25 of them. Photo below shows how extensive the entire system is. This funding tells me we'll see the fflya system in use shortly. News of that would make a significant change in the price of the stock, imo. And I also believe we'll see news soon, likely from the large Singapore show later this month.

Yes the funding is convertible debt but the conversion price is fixed at .03, which to me is fair. Very happy that the conversions can't occur at a discount to the current price of .0271 x .03. There's been an uptick in volume lately too. Been waiting a while for this one to bear fruit. We'll see some soon, imo