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Thursday, October 22, 2020 8:23:41 AM
Significant revenue
Significant Revenue means, with respect to any Subsidiary, annual gross revenue exceeding the Dollar equivalent of $10,000,000 as at the end of the most recent fiscal year.
Q2 (Attorney letter covered through June 30th)
"Also, in September, 2019, Tri Cascade kicked off its CAT-1 IoT Communications Gateway project with T-Mobile!
This is an exciting project, which will generate significant revenue for us in 2021. The CAT-1 data can be
downloaded and uploaded simultaneously by full duplex 10 Mbps speed. The CAT-1 Applications include, but are
not limited to, a wide range of uses such as digital signage, ATMs, kiosks, video surveillance, vehicle telematics,
cellular gateway, personal/asset trackers, sensor nodes, utility meters and monitoring systems.
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