I have to believe the Fortune 500 field test went amazingly, just based on the timeline. Just a couple of weeks ago, on March 22, they announced "The field test is anticipated to be up and running by mid-April, 2021.". I didn't expect us to even begin the test for another week, and assumed it would take at least two weeks worth of testing to seal the deal. This was the best case scenario in my overly optimistic, fan-girl drooling about this test and this moment.
But now, this?! The test has begun, finished, and they are announcing the results of it next week?!
Honestly, I'm not even surprised. Just excited. Some of you may have noticed that I've been over the moon about the potential behind this technology ever since we won the Smart Appliance Product of the Year award. I've written extensively about it here. Look how quickly others have taken notice. Look how quickly IoT Labs has further improved upon it, personalized it, and gotten it out to the market! Look how quickly this deal (presumably) has gone forward with a Fortune 500 company!
Of course, I'd like some rough estimates on exactly what kind of revenue we're expecting to realize on each unit. I'd like to know what their production capabilities are, and if they are ready to scale this up to the entire world.
Hell, I'm probably going to be purchasing the service myself!
Also, I bought a ton of shares late in the day. All were ordered as an ask slap, in several different large batches at different prices, and NOT A SINGLE share I purchased hit the ask. I mean, I know we're in the pink sheets. I don't expect efficient and above-board market making. Especially not here, and especially not now...but good lord they have pulled out all of the stops in the last month and are just doing whatever they please. This is the real reason we can't move up, they are fulfilling the sells at bid, and just straight up internalizing the asks.
Hang in there, longs!
