Ann: Acquisition of LIFX and Share Placement, page-128

I think new buildings are the key here. Hotels, schools, residential and commercial. If a light bulb can measure and control the environment, the savings long term will be significant in my opinion. The set up also should be less as the temperature of each room and who is using it at the time can also be measured meaning less thermostats and other devices. Hey, what about a smoke alarm in the bulb as well? All measured and controlled by Buddy platform. The next 2 years might be bumpy but I feel this company is going to be a company of the future. We are positioning ourselves to beat the competition.