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BamaJax

07/21/20 10:43 AM

#40233 RE: Optimistic Trader #40232

I think it's a very big deal. Maybe they don't need the $5mm in financing to start up. In turn, less shares issues and higher PPS

The Rancor

07/21/20 10:46 AM

#40235 RE: Optimistic Trader #40232

The letter stated that the potential partner has a user base and an install count of over 1 million devices. that is a fairly significant amount of devices and if they can collect data from those devices and process it in their system it is potentially a very big deal. The key word here is potentially. I'm not sure how the partnership is structured and whether the MSI will be getting paid to use their data or whether they have to pay the app provider to collect their data for redistribution. The details would be structured in the contract as to how the partnership would work.

Optimistic Trader

07/21/20 10:50 AM

#40237 RE: Optimistic Trader #40232

Thanks for the responses everyone!