Purchase Date: 08/15/2022
Share Amount: 283
Purchase Price: $3.54
Total Cash Spent: $1,001.82

Headquarters: Pompano Beach, FL
Owner/Operator: Rani Kohen
Shares Owned: 14,043,970 (SEC Form SC 13 D filed on 2/15/2022)
IPO Date: February 10, 2022


Why: Truly a futuristic product and company, SKYX has developed a new-age electrical outlet that is installed to the ceiling of any room - which synchs all the electrical wires in the ceiling (think lights, fans, etc) into this one receptacle. This in and of itself is the first of its kind, being the most significant addition to the National Electric Code (whatever the hell that is) in 40 years.

Additionally this product goes a step further from being just a wire-syncing safety enhancer. Like most "smart" products of today it is also a "do-everything" device. Included in the list of what the device does is: smoke/CO detector, wifi extender, speaker, emergency siren, hd video camera, temperature/humidity control and more!!! All from the touch of your phone.

As this product and company do not have a competitor, the market is freaking massive (as in all rooms of every room-filled structure in the world). First think hotels, retail, office buildings, and hospitals. Then think private homes of the wealthy. Then years from now think all homes. The company has two licensing agreements with GE and expects licensing royalties.

Owner/operator Rani Kohen is a renowned businessman with 20 years of experience.

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