Replies to post #2622 on 5BARz International Inc. (fka BARZ)

[As I See It]

I don't think you have paid close enough attention to the 5BARz marketing plan.

From your last post:

However, I disagree with your view on 3G. Sure there are a lot of worldwide users left, but why would any of them buy an NE for a similar price to an upgraded phone?

Retail customers are NOT buying the Network Extender. It is being sold directly to the phone companies in India, who then turn around and give it to their customers for free. Why would the phone companies do that you might ask? The answer is multi-faceted. The first reason leads to all the others. If you can't get a good signal where your phone is it is TOTALLY WORTHLESS whether it is 3G, 4G, or 5G. The infrastructure for phones in India is abysmal as it is in most of the developing world. The churn rate in India is somewhere between 2 and 6% per MONTH depending on whose study you read. That is enormously expensive for the phone companies. A major reason for churn is poor signal strength. Poor signals affect data speeds as well as call quality. I will repeat, 4G signals have more difficulty penetrating buildings and other structures than 3G.

The Network Extender can do a lot more through their Remote Management Control Systems.

G Krishna Kumar, a Telecom expert and a thought leader in the space, says that the Telcos would need products to track and manage assets in the field. He sees the absolute need for products like the 5Barz Network Extender, for mass adoption into homes. Capturing most relevant RF parameters at the home level with location, by 5Barz Network Extender, helps Telcos to manage the service quality better. This also can provide a whole lot of input for future network planning for the Telcos.

Your "personal experience that 4G is more robust" is irrelevant to whether or not a strong signal can be received by a phone that isn't supported by a solid teleco infrastructure.

Lack of capital has been 5BARz major weakness for a long time now. Trying to solve that problem I believe has led in part to the BARzCoin. Raising money from an ICO is much like raising money from an IPO. The biggest difference is the lack of costly regulatory hoops to jump through and much less close scrutiny of the company. With our financial history, weaker disclosure rules are better for us. I don't think BARzCoin "reeks of pure hype" as you said.

Obviously, nothing is easy with this company. I think it helps to understand the technology and its applications though.