I'll straight shoot this, my thinking was about the same as yours on the F shares. Back to my original thought. Regardless if there is NO phones, we now can expect 50 million a year just from WeWi's contract.
That... and perhaps Andi has some manufacturing connections to help them "scale up" their operations to fulfill said contract. Possibly the same manufacturer of the phones???
The PR does not say "over the next 5 years". It's say over 5 years. No date is listed for the contract to be executed. It could be 10 years from now. Pump and dump scam. Share sell scheme. No phones. No contracts for phone sells. No phones listed as assets. Scam!!!
Don't know if you read down through this in my post that you replied to:
The acquisition of WeWi was for 5,000,000 shares of Preferred F, convertible at a 10:1 ratio, restricted after conversion? 50M shares currently valued at $3M? What that would tell me is this "purchase order agreement" is as I expected, not a guaranteed income amount, but a vehicle with terms, conditions, maximum dollar value, and an end date that any actual purchases are made against, and it is likely dated. What I mean by that is if you review all the PR's when Wewi was doing their tour of Africa, it was 2013-14 time frame, and I expect they did get some sort of purchase vehicle established with 1 or more governments at that time. "Recently" is in the eye of the beholder, so I expect this vehicle is still open for another year or two, but they aren't selling nor making these laptops today. Those countries opted for a different laptop (ie - one you could actually put in your lap) with a solar panel on their roof later on. Think with your mind and not your heart, nobody sells a guaranteed payday of $250M (likely a profit of $75-100M) for $3M, that would be mindlessly stupid.
In my work history, I've dealt with "blanket" PO's that establish the infrastructure of "running" purchases of smaller items that added up to potentially a lot. None of them guaranteed anything, they just provided the vehicle for purchases over a period of time without having to do T & C's every time you wanted another laptop. Clearly, Wewi is not selling these laptops anymore, and clearly, if there was a recent "$250M purchase order agreement," there would have been some acknowledgement of it in one of their social media (or just plain media) venues.
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