Member Info for Sycric

On the last RNS it speaks of the letter of intent.
This orginally went out in 2017, but is mentioned in the accounts. And states.
"on hold until management and the customer are satisfied that the issues identified during the trial have been fully and successfully addressed."
Seeing Halcyon Pro V2 is done, the roll out of this contract is being done with Unite Students. Doesn't take a genius to figure it out....

It's not about the money made by the installation of the lights and other items. It's the subscriptions for those devices for the next x amount of years. I think your missing how much money is made via subscriptions, why do you think everyone has changed their business models to subscriptions. Eg Microsoft Office, because its continuous revenue instead of someone buying something and never hearing of them again.
It's like people that bought Iphones they are trapped into keeping with the rest of their devices. Or start a fresh.

I'm comparing it to its function and its purpose which is the same. One is commercial one is homes. Just stating a fact that they are similar products, now go release a new album or something. Haven't heard anything from you since you sang mysterious girl.

The rise here is completely justifiable, contracts are on the way and customers are being walked through the system.
We know Unite students have interest too as per the RNS we have last year. James the CEO has said this is a game changer, look at the market and what it is, it is a game changer. Look at Nest and what that is worth. All that does is monitor and changes your heating when your not home. This does like everything. Anything under £5m for starters is laughable. The lighting business does places like NASA, Wimbledon stadium etc. No way this company she be valued this low. Only regret is not filling up when this was lower a week ago, oh well... Still going to make a few bags here easily.

On Subscription each year? being monitored with no additional cost to us?
Free money?

If that's James's 'key objective' and is also his 'Next step' then i would think he would be doing these 'Mass Deployments' after maybe Contracts? (Of multiple site companies) Such as Unite Students.

Majority of the most recent placing was to clear up the Balance sheet, that means Contracts with Customer or better.

http://www.unite-group.co.uk/responsibility/environment
"Energy Efficiency: We have already invested over £20m in energy efficient LED lighting and controls, and in 2018 began an £11m energy efficiency programme including solar PV, air source heat pump installations, and smart networked heating controls, as the first phase of a planned 5 year energy efficiency programme."

So £21m will be the LED lighting, 2018 April (When this page was updated) £11m on energy efficiency programme. (One would assume we are part of that)

The network controls are Halcycon.
It's in black and white.
https://bit.ly/2ud5xZT

"leading manager and developer of student accommodation in the UK"
"multiple sites in 24 UK cities"

https://www.unitestudents.com/
"Student Accommodation across 24 cities"

http://www.unite-group.co.uk/responsibility/environment

"We have already started a £21 million LED lighting and controls update, and are working to improve energy efficiency across a range of areas including networked heating and hot water controls, on-site renewable energy, dynamic demand side management (DSM), battery storage, building services controls and optimisation, and building fabric improvements."

£21m on LED, it doesn't say about how much the rest of it will cost. There's a 'And' not a comma, the subject matter has changed. That's when it starts speaking about other companies.

http://www.unite-group.co.uk/media/news/29-07-14/unite-students-philips-announce-%C2%A321m-partnership
"install energy efficient light-emitting diode (LED) lighting throughout all Unite’s properties over the next two years."

These light's will be installed by Philips (Should be all installed now), Halcyon will now come in for all the networking side of things and connect to to Halcyon.

http://www.unite-group.co.uk/

No retrofit as it can fit with any original fittings throughout the building.
If Unite didn't want to use us, why are we trialling.

https://imgur.com/a/zbBucGP

Didn't say lighting i meant the rest. Water heating etc. We are a retrofit solution.

i don't think, some of the technologies mentioned they are not involved in that i can see.
This contract was mentioned in 29 July 2014.... yet we are doing a trial in Unite building after 2017

If Philips was the whole solution why would you bother even looking at us.

Building 7
https://imgur.com/a/zbBucGP

Apple I think people tend to beat us to it on news like this because of the audience the share might hold.
In this case the audience is quite small and i don't believe a lot of people are looking at this share.
Currently working to our advantage it seems.

It appears that there maybe something in the works with one of our trial customers.

http://www.unite-group.co.uk/responsibility/environment (April 2018)

"We have already started a £21 million LED lighting and controls update, and are working to improve energy efficiency across a range of areas including networked heating and hot water controls, on-site renewable energy, dynamic demand side management (DSM), battery storage, building services controls and optimisation, and building fabric improvements."

Seems like it could be us, ticking all the boxes.

Sir your comparison is ridiculous 10,000 users, they're devices (We are not watching the brave little toaster). They is not going to be 10,000 clients in one instance staring at energy and asset management. I'm not saying the roll out isn't going to take time, but that wouldn't be down to training that will be down to installation. The time prior to that will depend on the size of the contract, some may have to be brought to a board level which may only happen quarterly. I've been in meetings of a handful of people to approve a new software across a business of 3,500, i know it takes time. But these admins in the trial have already used it for quite some time, it's only rolling it out to more sites across their business. In cases it is probably the same amount of users continuing to monitor it.
if you are not comfortable with your position here why don't you just sell off the rest.

Just to mention, this application does not need huge amounts of people in the business to be trained on it and be walked though. There would only be a handful of admin, not like everyone will have access to Halcyon. It's not some accountancy/sales package.... It anything they probably do some analysis on their current power usage etc and photonstar say we will beat that. A contract is signed etc.

News will come, patience is required.

Gears are turning on a podcast, just have to trust me on that one.
More PR in my opinion than anything, doubt anything customer related would be mentioned.
(Without a RNS)

Mega boring but sometimes you just need to put your point across instead of the ramblings.
As mentioned previously podcast soon and hopefully RNS soon too.