Fair question. Here is the answer:
"The difficulty with being an innovator in the 5G world is that the telecom industry is not quite ready to deliver on their end of the bargain—5G is not ready and therefore the communication technology—the SIM cards—necessary to deliver fast broadband is also not ready. In addition, none of the Telecoms in this country have figured out how to deliver a 5G “unlimited” data plan—without this plan 5G Routers cannot fully deliver on the Home Broadband promise. Therefore, the introduction of SkiQ to the marketplace has been delayed due to the inability of the telecoms to provide us with the SIM technology we need to operate the SkiQ. When the telecoms are ready to deliver their SIM technologies to us, we will be ready to unleash SkiQ to the world!"
In February, SRMX said SkiQ would be produced and delivered in June.
So, 4 months prior to being delivered, SRMX had no idea the telecom industry would not be equipped to allow for the introduction of SkiQ.
They clearly do not believe it will happen in the next 4 months, or they would have said so, like they did in February.
"With respect to the Smart House, our Company has developed the first of its kind Smart Thermostat that incorporates NB-Iot “SIM” communication. What is so cool about this you may ask? NB-Iot communication does not require WiFi in the house to provide basic communications between the Cloud and Smart House devices. NB-IoT replaces WiFi for purposes of all Smart House Communication. Why is this important? If you don’t have WiFi in your home-or if your WiFi has a high failure rate—your Smart House can still be Smart."
Again, SRMX is first of it's kind but doesn't say when this will become a reality.
If they believed it was anytime in the next few months, or prior to 2019, it seems they would say so.
Again, suffice to say at least 5 months.
Also, per the 2-14-18 update, TriCascade was supposed to begin a Smart Home Pilot Program with a builder in Tampa Bay, in June/July. With no mention of this in the 6-29 update, it is saf to say this Pilot is either not happening or is delayed.
Regardless, At least 5 months before anything happens.
"Throughout the course of the development of all of our new technologies we have engaged with several major Tier 1 technology companies to perform beta testing of our devices with their technology. Unfortunately, due to those frustrating NDAs we have to sign, we are not allowed to disclose additional information about these new relationships currently in the development stage. We are currently negotiating with these companies to jointly disclose our business relationships and agreement. For various reasons, some of these disclosure relationships will not occur until the CES show in January 2019. Others will be disclosed in the coming months."
Any Beta testing going on now, if there even is any, will take months to prove and then more testing will be needed. This is at least 5 months away.
They say January '19, so that's 6 months.
Others disclosed in coming months, so based on the wording and past history of providing items SRMX has promised, I believe 5 months is conservative.
If they knew it would be sooner, they would have said it.
By saying coming months, they are covered for any length of time up to a year really, to say they did not mislead.
"What is the upside to all of this? Our opinion is that our Company will be one of the most important and innovative companies in the world delivering advanced and unique technology solutions to the 5G, Smart House and Smart City worlds. We anticipate that the sales of certain Company technologies will not become fully deployed until the 4Q of 2018 or the 1Q of 2019. In the meantime, we are working every day with our domestic and international technology relationships to create unique opportunities for our Company to sell products across the globe."
Pretty clear what they are saying here. I'm betting 4th quarter does not mean October, so at least 5 months.
I feel their own statements indicate a 5-9 month range before we here anything meaningful.
