Disruptive Tech Co. Is a 'Screaming Buy'
Contributed Opinion

SKYX Platforms' (SKYX:NASDAQ)

No, he's not Thomas Alva Edison, but SKYX Platforms' (SKYX:NASDAQ) Founder and Executive Chairman Rani Kohen (posing for me above yesterday, alongside some of his wares at the company's Pompano Beach, Florida HQ) is poised to disrupt electrification (and more) unlike anyone else in decades!

Imagine for just a minute that you invented and owned the rights to this simple little gadget below, something we all take for granted today, with umpteen of these in the average home and business. . .

The typical wall outlet was invented and patented over a century ago by Gustav Binswanger, a German immigrant who went on to be the founder of the U.K.'s "version" of The General Electric Company (See THIS ITEM for some cool history I didn't know previously.).

Incredibly — as I first began learning from Kohen when I spent some in-depth time with him on the sidelines of the Sequire Investor Summit in Puerto Rico back in late April — the one remaining and glaring exception to the safer/easier regimen of using umpteen lights and appliances in a home/other building is in your ceiling.

Indeed, wiring a light or other appurtenance into an average ceiling, after all these years, is not unlike the days when a light bulb had protruding wires to be (hopefully carefully!) connected directly to a power source.

But among Kohen's 60 some-odd patents are ones covering the unfolding new regimen of "plug and play" receptacles one can easily install in a ceiling.

Some major talent is augmenting Kohen/SKYX as this disruptive and truly, once-in-a-lifetime company gets underway in changing this: From Lead Director Gov. Tom Ridge (Pennsylvania's former governor) to Home Depot Co-Founder Robert Nardelli and many others, you'll be hearing about.

At this past January's Consumer Electronics Show in Las Vegas, SKYX won five awards. When I was shown yesterday what they are working on for next year (more on this in a follow-up and broader missive on SKYX that will be forthcoming shortly), I was really blown away.

Spending much of the afternoon with Kohen yesterday, pretty much all of the lingering "blanks" I had after our prior visit to San Juan were filled in. Even more so, this off-the-radar company looks to me to be poised within months, rather than years, to make a MUCH bigger splash than its initial one following the CES in January.

I wanted to get at least this introduction out to you today (be sure, though, to spend some time at SKYX's WEB SITE!) because of the recent unexpected drop in the share price. No sooner had SKYX announced it was being included in the Russell 2000 and Russell 3000 than the concurrent rally small caps were having got rudely interrupted.

Rani and I compared notes somewhat on this and didn't necessarily come up with a concrete answer, but the appearance is that SKYX's more exaggerated sharp drop coincided with some houses which had no sooner taken positions in Russell companies than they trimmed them to keep up with the market.

In my VERY strong view, this makes what I already saw as a bargain and long-term screaming BUY on SKYX that much more so.

You would do well to start taking a position here yesterday . . . and stay tuned for more color on this disruptive company and more exciting news.

Important Disclosures:

1. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of SKYX Platforms Corp. 
2. Chris Temple: I, or members of my immediate household or family, own securities of: SKYX Platforms Corp.  I determined which companies would be included in this article based on my research and understanding of the sector.
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