IKE - Ike GPS.com

[Carpenterjoe]

ikeGPS have announced their intention to IPO:

http://www.nbr.co.nz/article/tech-co...-ipo-db-157492

Looks promising - small capital raise. Founders take some money of the table so they should have a decent lockup on the rest. NO details on revenue, profit or growth though.

Thanks HS

I'm pretty sure this technology has been around for years, but linking it to data collection could be a simple way to commercialise it.

Any idea who their competition is?

The spike addition to the smart phone is pretty cool, but again I'm not sure who would want to use it.

Need to do some research into this one. Its hasn't got me really excited yet.

[Harvey Specter]

I'm pretty sure this technology has been around for years, but linking it to data collection could be a simple way to commercialise it.

Any idea who their competition is?

The spike addition to the smart phone is pretty cool, but again I'm not sure who would want to use it.

Need to do some research into this one. Its hasn't got me really excited yet.

My understanding is they have an expensive hardware option (like $10k+) which is used by utilities etc: http://www.ikegps.com/industries/

SHould drive huge efficencies for any company with a GIS system (ie. need to know exact locations of assets): http://www.ikegps.com/why-ike/

Spike was a kickstarter project and the development was probably completely prefunded via presales. A great low risk strategy in my opinion and whilc a product line in its own right, may lead to future upsales to the commercial module.