Buddy can't be compared to RYG's Xped, as it is that much better.
Had a chat with the CEO the other day, and he pretty much implied that they are only focusing on the wholesale side of IoT because that is where the big money is at.
He said in the presentation that Buddy could very easily vertically integrate into the retail and IoT of ''homes'' but he said that this space is far too crowded and quite gimmicky and easy to mimic.
the Buddy guys are going to have multinational corporations and governments as their clients, not mum and dads.
RYG's Xped is a sexy looking IoT of homes, and RYG does deserve the attention that it is getting, however Buddy's technology is a game changer, and I would be very surprised if it doesn't get to a $500m market cap in the next 6 months.
POK Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held
