RE:RE:Question to Michael FrankWhat I find most interesting about Mr. Frank's response is that he did not specifically answer your question re: Datametrex, Graph and Ronin. If I am correctly translating CEO-speak, I believe that means there
probably is some kind of collaboration going on and he's been put on "mute" about it.
The most likely candidate in my opinion would be ITT's utilization of Graph's database technology which apparently processes Blockchain data "up to 1,000 times faster than traditional methods from seven transactions per second ("TPS") to 7,000 TPS."
Transaction processing is a foundational element of blockchain technology, so any initiative ITT gets involved with could presumably benefit from the use of Graph's batabase technology. For example, Graph could be utilized in either of ITT's cannabis ventures with Scorpion/Blockstrain or Braingrid to greatly enhance these applications' transactional processing speeds.
And who knows what else could be going on behind closed doors... This is still the embryonic stage for all of these technologies. Scorpion and Braingrid haven't even gone public yet, so maybe Datametrex will simply snap one or both of them up. On the other hand, Braingrid just did a financing at $.40, and DM's SP is down in the gutter ($.12) right now after a very large number of PP shares came off hold and got dumped into the market.
In this Wild West, high-tech landscape, it's not out of the question that Braingrid's "go-public transaction" could be to acquire Datametrex instead.
Just random Sunday afternoon thoughts...
Dchowlaw wrote: Here is an update everybody. I leave any interpretation to you. Personally I was impressed with the timely response.
New Hope is assessing technologies and moving them into plants and there will be updates soon
We recently announced our investment on blockstrain and may collaborate on some initiatives there
Braingrid our earlier investment is going public soon and that should be accretive to ITT
We are in discussion with a lot of partners with weather telematics technology in reference to the distribution deal we signed
We recently did a successful financing at 10 cts which showed confidence from the investor community
In reference to the market a lot of technology and iot related small caps pulled back with recent volatility .
We are moving forward on all initiatives discussed
Thank you for your support