Road to Listing- Final Step- Securing a Market Sponsor – November 2021 –   Upon Wytec’s Regulation A+ Offering becoming Effective by the SEC, Wytec will need to secure a Market Sponsor to both file for Wytec’s trading symbol and assist in the Company’s final public listing requirements. Additionally, the Market Sponsor must support the price per share for the first 30 days of trading. The agreed price-per-share will be derived from the Company’s Independent Valuation expected by end of July. PreviousBack to Milestones… read more

Road to Listing – Step 3 – Independent Valuation – August 2021 –   An independent valuation consists of the approximate value of a company based on discounted cashflows (DCF) and any intellectual property that could influence forecasted revenues. Wytec has two patents that will influence the total valuation of Wytec. Wytec has engaged Dr. Sam Khoury, a renowned patent appraiser, to perform a qualified SEC patent appraisal to be included with its overall valuation. Wytec’s initial price-per-share of $11.15 was derived by its current DCF valuation without the additional consideration of its patents. Wytec anticipates that its independent patent valuation, when included, will add substantial value to the Company. The new independent valuation will be completed by July 2021. (See Forecasted Price- per-Share Chart)… read more

Road to Listing – Step 2 – Reg A+ Filing – June 2021 –   Wytec filed its Reg A+ filing with the SEC in January and received only two comments from the SEC. Upon the submission of Wytec’s 10K, we anticipate becoming “effective” within 30 days. The Company is in the final stages of an audit and anticipates becoming effective in June 2021. PreviousBack to MilestonesNext… read more

Road to Listing – Step 1 – Investment Bankers – February 2021 –   Wytec’s first step on its road to listing, was the selection of an investment banker/underwriter. On January 5th, Wytec engaged the services of The Dalmore Group to certify our Regulation A+ Offering under FINRA rules. Dalmore is one of the most recognized and successful Regulation A+ participants in the nation, with more than 80 successful Regulation A+ Offerings. Dalmore completed its Due-Diligence of Wytec in February 2021. PreviousBack to MilestonesNext… read more

Revenues/Share Price – February 2021 – December 2025 –   When capturing Wytec’s revenue potential from all products and services, Wytec’s consolidated financial forecast projects revenues, net income, and price-per-share up to $143.85 per share. See Wytec’s Share Price Forecast. PreviousBack to MilestonesNext… read more

Patent Revenues – February 2021 – February 2022-   In October of 2017, Wytec was awarded its first patent on its proprietary LPN-16 small cell, which has 16 ports for individual radios, antenna, and routers enabling multi-spectrum neutral-host features. The technology is focused on delivering 5G services across a citywide area. On December 15th, 2020, Wytec was awarded its second patent with additional enhancements to the first patent. This is a multi-phase development process and can sometimes take years to commercialize. Wytec has engaged Southwest Research Institute, (one of the largest non-profit research firms in the world) to certify and validate the 5G features of the LPN-16 upon final development. Wytec is in phase-two of its development processes and is forecasting commercialization between late 2021… read more

MVNO Revenues – February 2021 –   As Wytec builds out its ISD projects, it is automatically constructing a network capable of providing Mobile Virtual Networks Operations (MVNO) wholesale services. There are approximately 450 cable operators and 1,400 WISPs in the US that are ideal candidates for Wytec’s MVNO services. Wytec is in a multi-phase process with its Private LTE and MVNO services today and plans to initiate MVNO services in 2021. The Company anticipates limited revenues from this service prior to the end of 2021 but this grows to more than $125 Million by year five. See MVNO Revenue Forecast.   PreviousBack to MilestonesNext… read more

School District Revenues – January 2021 –   In 2019, Wytec was awarded a contract with Laredo Independent School District (ISD) in Laredo, Texas, through a Request for Proposal (RFP) for an in-building cellular enhancement solution. The project was awarded under a unique procurement process that allows any ISD that is a member of the Central Texas Purchasing Alliance (CTPA), consisting of 160 ISDs, to utilize Wytec’s service without the need of a formal RFP process. When calculating by percentage, Wytec could realize more than $384 Million over a five-year period. See School District Revenues. Back to MilestonesNext… read more