All portable GPS trackers are battery powered and all need manual battery recharging. Managing 1 or 2 portable trackers is easy. At scale, it’s a complex, time consuming and expensive problem. By eliminating the administration layer needed to monitor the power reserves of each reporting device and the cost of sending personnel out into the field to recharge batteries, the total cost of ownership is significantly reduced.
This Information Memorandum is only for investment professionals (as that term is defined in article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (“FPO”)) or for persons to whom it would otherwise be lawful to distribute it. Accordingly, persons who do not have professional experience in matters relating to investments should not rely on this Investor Presentation.
The shares in Passive Eye Ltd will only be available to an investment professional (as defined above) or a person who has provided written confirmation to the effect that he/she is an investment professional within the meaning of article 19 of the FPO.