Ann: Placement, page-19

I am new shareholders at 3c, sucked in by the announcement expanded into China with China telco. After done more research and found it was a strategic city to choose to setup business. WUXI is one of the eight cities with best technology and internet to offer, and city encourage new start up to setup business in the city. I knew little bout China, am Chinese but not from China, good thing is I can read Chinese characters. That’s the reason I have kept topping up my holding, now run out of cash, will sell others if there is more solid good news.

I learn the sales info in China via weibo (Chinese twitter). Companies approached are sometimes same size as a country gdp (Wanda property group - doing 100b yuan sales in years), even just a local grocery franchise had 100 outlets in a city. Just talking about licenses for cctv, how many licenses one company need to signup for. More over, some companies are subsidiary owned by Norwegian, Germany and Taiwanese all interested the service to improve the communication with headquarter.

If the VIN is as good as they say, think about in China there are 10 of millions sales rep on the street which require safe and fast connection back to office. China telco promise to roll this service to the whole China in 2018, and WUXI is just a steppingstone.

Like my previous post if 200 licenses = 400+ yuan a month, a millions of licenses = Aud 500k a months.

This hasn’t include USA.

Let’s hope this is another BIG or bigger than big.