10Q Point by Point (Part 1) ITEM 1. BUSINESS. P
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ITEM 1. BUSINESS. Page 3
ITEM 1. BUSINESS.It should be read slowly and detail for any investor interested or purchased as to have a clear idea of the opportunities that are buying and its enormous possibilities.
Quote:
GeoTraq has created the world's first and only dedicated Cell-ID transceiver module that can foster design and manufacturing of extremely small, inexpensive products with exceptional battery life, working for years on a single charge. GeoTraq hopes to establish Cell-ID as the new global standard for asset tracking. Using Cell-ID technology exclusively, GeoTraq believes it provides the lowest-cost solution and service life that will enable new global markets for location-based services (LBS) using technology similar to what emergency 911 location systems use right now.
One of my worrys was if GEOTRAQ was the owner of this patents pending. Now it is confirmed again GEOTRAQ is the owner. And 2016/2017 when these are to be certificated, that same day the patents are going to qualify as ASSETS in the balance of the company. We can say Billions of US$, but hard to say how many. Only this entire paragraph gives me the definition of a great opportunity to which I am not only the 40,000 shares that I have, but my desire to buy 10,000 or more if the sale of other of my investments in conjunction with the current price GTRQ would permit. All my money is in place, no place have budgeted more
Quote:
The GeoTraq platform is a Java-based, scalable, multi-tenant software to manage an unlimited number of Cell-ID devices. GeoTraq will also offer customizable iPhone and Android applications to meet specific customer requirements. This means users of smart phones, tablets, and virtually any PC can benefit. Today, 200 million remote "connected" devices exist. By 2020, it is estimated that 50 billion will be in service. Products using Cell-ID will capitalize on basic delineators: long battery life, extremely small form factor, low deployment costs. Further, Cell-ID transceivers work indoors, unlike GPS.
This testimony gives me an idea of such gigantic size of the market opportunity ahead and the company GEOTRAQ my shares in it.
Quote:
GeoTraq has identified an untapped market for asset location and tracking devices. Already, many large companies have been in contact with GeoTraq for multiple commercial, government, military and industrial applications include asset location, theft recovery, security, and inventory control. Existing solutions have failed to meet the needs of a large, under-served portion of the LBS market. Consider that both RFID and Wi-Fi require close proximity for asset tracking; and GPS earns its reputation for being large, expensive, power hungry, and outdoor only. RFID's short-range solution works indoors but requires bothersome installation. GeoTraq's Cell-ID small, mobile and inexpensive solution works for years on a single charge.
This is a Huge Statement. The assertion that there is interest in the invention and the project in the hands of GEOTRAQ and no wonder remains. We just had a reminder of how the world goes with the string of 6 attacks in a single day in Paris. Having a device with Cell ID gadegt teconologia exclusive GEOTRAQ will be as essential as having a passport in your hands. You're going to urge to know where your kids are, your wife, your parents. And they will urge you know where you are if you are on a sightseeing trip in destinations that are as attractive as dangerous. Especially if you live in those big cosmopolitan. In addition to the security location of your luggage and personal briefcases
I will continue reporting piece by piece in the coming days my interpretation of the 10Q report. And it is good that someone like me do, because I am completely untrained though I have 3 years of investment.
Those who write or have much experience for them this is as easy at first glance you do not need pedagogy. Others are so inexperienced -like me- who have trouble getting into many technical readings and their decisions are based on how this price and what others write.
In this way I hope to help build a sense of where we are and where we go. All I do is give them what they need to investigate and to know. Hopefully I can be helpful.
Millonario
As I Help myself via Google translator, if any on board wants to do better what I am doing, please do it. The readings from 10Q quoted are just copy/paste from the original. So there is the real source to understand if my lines do not better

