- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Lomiko's SHD Smart Home Starts Discussions with US Based Distributor to Increase Sales of IoT Products
Lomiko Metals Inc. (TSXV:LMR,OTCQX:LMRMF,FSE:DH8B)(“Lomiko”) Lomiko Metals Inc. and its 100% owned subsidiary Lomiko Technologies are pleased to announce SHD Smart Home Devices has entered into discussions with US based Automated Building Devices (ABD) for the sale and distribution of spider charger units to homebuilders across western USA. “With a partner like ABD, SHD will have a …
Lomiko Metals Inc. (TSXV:LMR,OTCQX:LMRMF,FSE:DH8B)(“Lomiko”) Lomiko Metals Inc. and its 100% owned subsidiary Lomiko Technologies are pleased to announce SHD Smart Home Devices has entered into discussions with US based Automated Building Devices (ABD) for the sale and distribution of spider charger units to homebuilders across western USA.
“With a partner like ABD, SHD will have a distribution channel to some of the largest home builders in California and Nevada. Working with ABD would be a strategic move by SHD to leverage an existing network and rapidly penetrate the market.”, stated Sat Samra, CEO SHD Smart Home Devices.
The initial discussions are centered around the Spider Charger®. This revolutionary device allows for 6 USB ports and 2 regular AC wall receptacles to provide both AC and DC power from a single wall outlet. To view an enhanced version of Side View of Spider Charger Showing USB Ports, please visit:
https://orders.newsfilecorp.com/files/1944/19264_enhanced%202.jpg
“SHD has an incredible opportunity to participate in a burgeoning IoT and Smart Device market.”, stated A. Paul Gill, CEO., “Major companies such as Leviton, Legrand, Pass and Seymour and others have recognized this new market and have launched similar devices.”
There are currently 130 million established households in North America and a healthy seasonally adjusted annualized rate of 1.3 million housing starts. In addition, offices, hotels and coffee shops are also potential markets for USB charging devices. If only one or two USB charging devices are installed in new homes and retro-fitted into current homes undergoing renovations, there will be a healthy demand for these IOT products. Smart Home Ltd. plans to enter into negotiations to sell the Spider Charger and other related devices in North American markets with IOT distributors and builders. Lomiko will share its network of industry connections to help grow the venture and then enjoy the SHD equity multiplier without being burdened with any engineering, new product development, IP or associated marketing costs as the Spider charger and SHD suite of IoT products are rolled out.
For more information on Lomiko Metals, review the website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: info@lomiko.com.
On Behalf of the Board
“A. Paul Gill”
Chief Executive Officer
We seek safe harbor.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Click here to connect with Lomiko Metals Inc. (TSXV:LMR,OTCQX:LMRMF,FWB:DH8B) to receive an Investor Presentation.
Source: www.newsfilecorp.com
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.