Espial Group Inc ESPAF

Was there an Espial's some new announcement?

[pullsee7]

The stock price is acting nicely. I thought someone mentioned some announcement. Or, I must be been dreaming :-)

[luberon]

Just guessing here but one factor may be that client TeleColumbus continues to acquire subscribers via acquisitions  - subs have doubled since the initial NR on Mar 30. Keep in mind that for each sub, Espial gets $10 initially plus $1.50 annually.

[pullsee7]

Wow||| That's a good multiplier.  $10 per sub.  Thanks Luberon.

[Investforever]

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[luberon]

Sure, I see the $10 initial from my notes of the Feb 27/14 call and the $1.50 ongoing rev derived from the following: https://www.cantechletter.com/2015/04/espials-wins-are-set-to-accelerate-says-global-maxfin/ My understanding is that these numbers would kick in only once the customer app is in operation so any TC revenue to June 30 would be for professional services only.

[Investforever]

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[luberon]

As of now, TC has asked Espial to build an operational system that their customers can use. Once that is delivered to TC (late 2015, early 2016?), payment will become due.

[Investforever]

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[luberon]

The three major award news releases with tier 1 cablecos are: 1) North American tier 1 on Oct 16, 2013.   Unnamed, but widely believed to be Rogers. 2) European tier 1 on Jan 13, 2015.   Unnamed so far. 3) European tier 1 on March 30, 2015.  Unnamed when announced but now know to be TeleColumbus. Any revenue so far has been for professional services (e.g. proof-of

[Investforever]

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[luberon]

The original NR says "a multi-year, multi-million dollar contract with Espial to provide the service provider’s next generation user experience and client solutions for set-top boxes, TVs, wireless and PC devices. Espial will integrate and deliver Espial’s RDK set-top box client solution together with the Espial G4 User Experience, a complete out-of-the-box HTML5 user experience for TV

[Investforever]

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[luberon]

Hard to say without a detailed knowledge of Espial's products and the number and complexity of operators' support systems (e .g. billing etc) requiring interfaces. I mentioned proof-of-concept but other than that it might be more in terms of consultations and implementation of interfaces. As for the other European tier1, Orange is tempting but only if it's one of their subsidiairies -

[luberon]

Trust that the following answers the question - until now, why draw attention to a service that subscribers cannot yet use? Globe says Rogers aims to bring 4K TV into mainstream 2015-10-06 08:59 ET - In the News The Globe and Mail reports in its Tuesday edition Rogers Communications is taking advantage of its sports ownership to try to drive 4K television technology into the mainstream. The