AS-IP Tech Inc (IPTK)

[MJAM2020]

Yeah. Maybe that last 80k or 100k order we saw is getting soaked up now at .10. I think we had back to back orders like that or one that walked down the price from .12 or .14? Maybe on the way back to those prices before news?

Ask side looking very thin again...granted we don't know exactly whats behind those 5k share asks...but in the past this one has traded pretty true. It didn't take much at all to move it to .30 on the last move.

That fact that there doesn't seem to be much of any direct competition in the lcc space is very encouraging. Based on potential alone I"m surprised one of these big time fintwit guys hasn't taken a flyer here and tried to scoop up a good chunk of whats left of the float.

Granted some things still remain to be seen but it seems like the low cost structure here might allow for profitability pretty early on in the cycle..of course we have debt on the books..but you get it...which seems to be pretty unheard of in this space. I always look back at the GOGO sale for $400M and not turning a profit. https://www.theverge.com/2020/9/1/21410368/gogo-sells-inflight-internet-business-intelsat-bankrupt

Will be interesting to see what happens once WIZZ is locked in and flying the system on some planes. With their growth plans and how much they seem to be in the news I would think some that follow the airline industry in general might find their way in here. Get one or 2 deeper pockets interested here trying to grab a chunk of shares a piece and there is no telling where we end up in the near term. At this point we may hear about the testing of the live payments etc before getting this first definitive agreement with Wizz?

I think the size and value of their potential passenger database is being overlooked. WIZZ flew 40M passengers precovid with like 110 planes. They plan to increase to 500 planes with a few yrs. Hopefully pandemics cooperate accordingly of course. But being that these passengers are captive in that plane for a few hrs...how valuable will that ad real estate be to advertisers? And that is just one airline. The numbers look like they could go into the 10's of millions of passengers per airline if they tackle the bigger of the lcc's. I don't know but this seems pretty valuable to me.
https://travelweekly.co.uk/news/air/wizz-air-confirms-500-strong-fleet-growth-plans

I am just very interested to see how all this plays out down the road especially with people like Richard Lukso floating around in the mix.

https://www.sec.gov/Archives/edgar/data/1067873/000106787321000004/20210825exhibit99.1.pdf

He eventually sold SecuraPlane another Ron Chapman vision to Danaher Corp...check out their market cap ($200B). https://finance.yahoo.com/quote/DHR?p=DHR&.tsrc=fin-srch

There seems to be all kinds of possibilities as this thing matures. It all starts with this first one to see how it all monetizes out. I have felt from my first buy here around 1.5yrs ago that this ticker has as good of a chance as any to make that pennies to $'s move and up list to a larger exchange. No guarantees of course..but I'll likely be here to find out which way it goes...lol. Is this a Billion $ idea? Even a $250M idea looks pretty good from here. :)

imho
mj