Voyant International Corp (OTC:VOYT) Doesn’t Care About Delay of Conversion to Digital
With only twelve days left until the conversion from analog television broadcasts to digital television broadcasts was to take place, Congress elected to delay that previously-required conversion until June 12th. This is of interest to Voyant International Corp (OTC:VOYT) investors. See, the company has developed radio technologies that will capitalize on the accompanying “white space” spectrum that will also be opened up for use as a result of the conversion. Voyant’s response to the delay? How about a proverbial “Fine. We don’t care.” ?
OK, nobody at the company exactly said those words. However, the company did effectively say that in a press release posted yesterday after the delay was announced.
The bottom line is, according to Voyant, this is a non-issue for Voyant. Now. Later. It doesn’t matter - the company owns technology that will make them a player in the “white space” radio segment whenever the digital television conversion takes place (the two will happen simultaneously). When it happens … it doesn’t matter.
I see two angles here - a good one and a bad one. Neither are game-changers though.
The bad one is a delay in any potential revenue that could have started to be collected in February, thanks to the sale of “white space” radio equipment. I don’t know if any hard revenue was actually lined up for that start-date though, so it may not even matter.
The good one is extra time for Voyant to cultivate other customers and partners in the meantime. The need is still there, and the state of “white space” radio technology won’t change in the meantime. That state is simple to grasp too … Voyant’s technology works, and most other companies are still trying to figure out how to make it work. That’s not going to change in four months. However, this does give Voyant an extra four months to sell the product or create beneficial relationships that will promote the technology.
Like I said though, I don’t know if either outcome means a great deal. They’re just my initial reactions.
For the full details on Voyant’s stance, take a look at their official statement in response to the delay of the conversion to digital broadcasts.
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