I'm still going through the prospectus and found this section to be juicy.
Section 7.3(f) Revenue Potential.
Commercial relationship, which I believe means Buddy Platform is live and delivering their solutions to these customers which includes
1) Major US Telecommunications Carrier, which is unnamed for privacy purposes, think we've worked out from past presentation to be US Cellular which owns and operates the fifth-largest wireless telecommunications network in the United States, serving 4.76 million customers in 426 markets in 23 U.S. states as of the fourth quarter of 2014.
Current market cap of $3.4bn.
2) Washington's Lottery, a government owned lottery service which owns several different games with prizes up to $90m USD. Annual sales of FY14-15 is over USD$600m. This includes their data agents as well. I believe incorporating IoT into gaming could potentially lead to data being generated from each kiosk or sales point to understand customers and their buying patterns better and tailor the games accordingly.
3) Connexion Media (ASX: CXZ) Connexion Media is a technology company specialising in developing and commercialising software apps and services for the web connected car, mobile device and connected consumer electronics markets. Our headquarters is based in Melbourne, Australia, with a sales office in Cambridge, UK.
- Contract with USA automaker on track to commence in Q4 2015
- Revenues to exceed $20m for FY2017 and $35m for FY2018
-New trials underway with eight leading automakers, producing over 13 million vehicles per year collectively.
-Connexion Media (ASX:CXZ) has signed a worldwide distribution agreement with Ford Motor Company (NYSE:F) for its miRoamer radio and music service to join the car manufacturer’s SYNC ecosystem.
A big list of companies which are in proof-of-concept or in evaluation stages and many more potential clients.
POK Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
