SRMX AND T-MOBILE AND BEST BUY AND THE WEATHER CHA
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1. Setup operation for retail business in the United States including sales, marketing, finance, logistic and customer service. Plan for retail business in the United States in next 12 months: Our plan is to leverage our close business relationship with T-Mobile USA whereby the Company acts as the wholesaler of various manufactured NB IoT products to T-Mobile for onward retail by T-Mobile to approximately 2,000 T-Mobile stores across the US. Having initially delivered NB IoT product prototypes to T-Mobile for testing, acceptance and certification, we anticipate receiving product orders from T-Mobile which we will fulfill through our manufacturing relationships in Taiwan for delivery to T-Mobile, on a wholesale price b asis, for their resale at the retail level. To do this we would only need to set up a couple of order entry/tracking staff – leaving the retail aspect to T-Mobile to handle through their existing retail store infrastructure. We plan to also explore a similar wholesale to retail model with other retail outlets such as BestBuy etc.
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2. Expand the development on SKIQ 4G/LTE,Wi-Fi 11ac Ultimate Home Gateway with high speed home networking road map and complete the testing and certification of the IoT Smart Air Quality Sensor, the IoT Smart ThermoRing ( thermostat) and the NB IoT Mini PCIe board.
3. Initiate the development of Release-II of BRIGHTconnect Cloud platform (Premium) with Microsoft IoT Suite and Machine Learning Technologies plus Android/Windows mobile App development. The Premium Account will charged with $9.99 annual licensing fee per each device for three years of data storage and management.
Our initial revenue will be primary generated from the sales of i-BRIGHT IoT powered devices and its Cloud platform 4G/LTE high speed networking devices.
Currently, we are developing certain devices in partnership with other companies:
We are working on a relationship with a smart irrigation water management company. We intend to bring to market a smart water sensor system that will provide management of sprinkler systems based upon soil moisture and weather reporting from the Weather Channel.
We are also finalizing the beta testing and certification of the SmartThermostat (ThermoRing) and the mini NB IoT PCIe board.
We just recently received SIM cards for beta testing of our Smart Air Quality Device in partnership with a United States telecom company. We beta tested this device in June 2019 and are awaiting product certification.
Our Smart Light Switch and Smart Outlets have been finalized, with beta testing completed.
We demonstrated all of these devices at our CES booth in January 2019.
From Page 26 of the Latest 1-A
https://sec.report/Document/0001683168-19-002692/#a09
This was the dire need to let this go back to a yield. Hopefully now they put out the Q2 and go back to Pink Current.
GO SRMX$
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