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Bewhere Holdings Inc V.BEW

Alternate Symbol(s):  BEWFF

BeWhere Holdings Inc. is a Canada-based mobile internet of things (M-IOT) solutions company. The Company is focused on designing and selling self-powered hardware with sensors and software applications. The Company develops mobile applications, middleware and cloud-based solutions that stand-alone or that can be readily integrated with existing software. Its solutions serve two markets, such as Asset Tracking, and Connected Sensors. Its Asset Tracking consists of remote location tracking various non-powered fixed and movable assets such as trailers, dry vans, and others. Its Connected Sensors remotely track information on assets for water pressure, water detection and soil moisture. The Company also offers solutions that can be fully integrated with existing software, and white-labeled. The Company’s devices use the latest available cellular technologies (LTE-M and NB-IoT) to transmit collected data into mobile applications and cloud-based platforms.


TSXV:BEW - Post by User

Comment by kulewateron Aug 09, 2024 2:05pm
96 Views
Post# 36171815

RE:RE:Acquisition time?

RE:RE:Acquisition time?I think it was 6M to fund the change over to a IaaS model where they would lease the units.
This would expand margins and increase profitability.
Couple that with their new form factor which will cut the costs of the units by more than half.

Owen did say that they would look to acquire if it made sense from either a market perspective or from a tax-loss perspective - ie. acquiring the tax loss by acquisition which would give them a huge tax advantage.

Lots of great catalysts on the horizon. I still believe an uplist is in the works and another large partner or two for expansion in the EU/UK.

Could easily double their footprint.. only limited by number of units they can deliver in a Q.
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