OneFi has a history of creating PRs that are difficult to research and confirm the information contained within. Probably the only exception is the Villa Park installation. The Villa Park installation stopped working 2 or 3 months after installation. Reviewing the City Council video, OneFi did not answer repeated email inquiries from the city after the installation stopped working, forcing the city to terminated the license agreement with OneFi. If it weren't for the City Council video and meeting minutes, shareholders would never have discovered the behavior of the company, the unprofessional failure to respond to the city, and the company's failure to perform to the license agreement between the city and OneFi. The company never publicly commented on that installation again.... similar to most PRs from the company, never to be heard of again.
OneFi takes a small grain of truth, amplifies and spins a story with carefully crafted words to suggest a project of tremendous value is possible. The $20,000,000 Q3 revenue PR is one example of the company's inflated and unsubstantiated expectations that failed to materialize.
All the other company PRs about Saudi Arabia appointments, Jamaica deployment and government broadband funding may have some tiny piece of truth, greatly exaggerated, without substantial information to confirm, and typically never heard again.
Some don't care if OneFi has a product or not... as long as emotion is created by the PRs purpose to inflate the share price.
gte_gold
