Hi guys, so I'm here at the office
with Gregor,SunContract CEO and we're just going to address many of the questions that you've had because you know
It's a priority for us to make sure that you're informed and
You know what's going on with the project
So Gregor, how are you doing today?
Oh great!
Thank you, it's nice to have you here, Yeah, I'm happy to be here too, the office is beautiful and yeah it's
Big and spacious. I'll give you guys a tour at some point on Telegram.
But yeah, so we have many questions from the community regarding partnerships
finances and marketing, and trading. And I think a good place to start is partnerships because that's a key point for community members.
Where are we with partnerships?
Yes, we have
Actually more or many partnerships already
It's very important part of us that we that we have partners because we want to open
SunContract platform also to partners, in Slovenia and worldwide.
But yes
First of all, we have different levels of partners, the first
One level is that we have partners who are actually bringing SunContract P2P energy market to different countries
we're working hard on Italian market and also some other European markets we are working on so
We are sure that at least one of those markets will open this year
It will be a success for SunContract but this is mostly now we're working in Europe because of the liberalized market that is
possible to do most of the European countries - to open SunContract platform.
But as well we were active also in Asia we did the contract with CEZA
but in CEZA was
Actually SunContract involved with the digital highway with the platform, but in Philippines CEZA is a big player
But actually they are looking for investors to invest in the infrastructure
basic infrastructure to have enough electricity
Renewables and this actually they're doing by themselves
Looking for some other Asian partners
And we are looking for this to happen that some infrastructure
Will be built and then SunContract can jump in. So this will certainly not be this year
The Philippines won't be this year?
Certainly, maybe next year or
We don't know exactly it more depends on CEZA investors side
Yeah, for sure, so we'll jump right into finances and marketing
Could you summarize the financial situation of the project? How are we doing for sales?
Yes, actually, we just gave the report - our financial report
I think we saw the situation and we see actually we are very good standing
also financial wise
so
we
The best way how we introduce our finances through sales. And so the last year we
completed more than
1.1 1.2
million u.s. Dollars of
Contracts for  pure electricity
And this is actually, it was a very big success for the first few months
Actually in the real operations because we know that most of the contracts are yearly based and so most of the contracts were signed in the last three months. Towards the end of the year
Last year, so now but anyway
We are working on we are onboarding the new customers from residential to business also to industrial
some few new factories joined us this year so our sales
increased 20%
In quarter one only and yes Q1 is actually the weakest quarter
after that after the last Q(4), which is the strongest one, so
we are very satisfied with that and but of course we are just continue and this is just in Slovenia
Because now we have P2P market open just in Slovenia. but yeah
We are just going to continue adding new markets and we expect to double or triple contracts this year compared to last year's
That's great. So on the platform we're also selling energy self sufficiency products. How did we do for sales? last year and Q1?
Actually, very good. This is Q1 we doubled last year's sales
so because of the booming of the solar around the Europe of cancelling the anti-dumping and
it showed also in Slovenia and I think all around Europe
The renewals are growing and we doubled the SunContract
In this q1, whole of 2018 sales. So where do you expect us to be at the end of the year in terms of both self sufficiency products and electricity sales?
I think in the next year we will double or triple the electricity
Revenue for the platform and of course also
Triple or even five times the last year renewable energy product sales, through the platform.
And when it comes to market share one of the community members is asking how much do we expect to capture in Slovenia?
What do you wanna have? 100% (laughs). 100% of course!
Yeah, that's actually that's very nice is 50% ok? No (laugh). 100
Actually seriously
We want to have some significant share, of course
But we are looking more European wise and even the worldwide later on
To have less share so it's for us much more important to have some share
Let's say a few percent in each country where we entering not to have fifty percent that's in one country
Because we are plaatform meant to be global meant to connect different markets into one big worldwide market
So focus is to enter as many markets as possible. Instead of penetrating and focusing on only one market? Yes. Yes
Winnie, tell me, how is marketing going?
So marketing is going well as you mentioned. We did really well in sales
We're up 20% at the worst time of year for
Electricity sales and signing of contracts we've doubled sales in energy self-sufficiency products as well
So now that we have the full P2P marketplace
We're going to even increase marketing activities a bit more
we're working with many people including local partners here in Slovenia and in the countries that we'd like to enter so
that's going to really increase the activities of marketing not just for us as a company, but also with the help of partners
Yes, we also will be rolling out the website hopefully in the next couple of weeks
and
As you all know the website is the first point of interaction for any potential customer or partner
So that's going to be very important for us and we can then really increase marketing activities. So yeah, we should probably address some of the trading questions because there are a bunch of them
One of the community members asks is it allowed to overlap agreements and have more than one P2P contract at the same time?
Yeah. Yeah, sure. Our our customers. They usually can have more than one P2P contract
so this we have the system then of first come, first serve.
And yeah, of course, if you sign a fixed contract with the platform for certain level you can then
Accept a better price from the other
users and you can accept from more than one.
In the platform, we have actually we are calculating how much?
you cover actually with this contract you've already signed and
When you are at 100% then you cannot continue to add a new
Suppliers so yeah, of course you can have more than one contract.And then there's another question: Will the platform
Show which contract is currently being executed?
You can see this
through the
platform when you look through
settlements you see exactly the price and which contract was executed
Alright, and then there's another question here from a community member
Will a consumer see where their source of energy is coming from?
Consumer consumers they can see where their energy is coming from if they do individual contracts
If they invite somebody they know. They know they know exactly that the energy comes from them
But on the marketplace, they don't from who but they can see the type of energy. They see whether it is a solar wind
biomass
What type of renewable energy they are using, consuming they can see that but they cannot see from whom
Okay, so they always can see what kind of energy, they can see what kind of energy
But they don't get to know exactly whom the energy is coming from
There's another question from a community member and they are saying
Can I be made to pay more than the contract price?
Uuuh, you actually cannot pay more than the contract price
This we actually put to the system, to the platform
But if you are really willing to do this then you need to do another annex to the contract and then you higher the contract price
And then you can access the higher price on the platform but usually contract price is the celing price
And
Who will ensure that there is enough energy for customers?
Yeah
This is actually balance group's responsible  party who is taking care that there is always enough energy to be supplied
or to be bought from the producers, so
Everybody who's  in this balance group, SunContract balance group, has access to energy, doesn't matter whether they have enough
Individual or other contracts done on the platform or not
So if there is no contract on P2P
with other other parties then the platform provides the rest needed that they have enough energy or enough energy can also be bought from producers
I see. So balance group responsible is the party.
And then there's a question on roadmap. Will we have another roadmap? If so, when?
Yes roadmap we have course we have our roadmap until 2022
Already done. it is more an internal roadmap
We have we don't want to disclose all details - to the public because they're also beside our community
Also our competitions are looking
over us and
We don't want to disclose
I can tell you I can promise that we are preparing a lot of exciting stuff a lot of new stuff which is going out
Few weeks few months this year next year that many stuff. We are preparing and we will continue this
New services and also regarding to spreading around the New Territories
New countries so but we will disclose when the time is right and when it's
Appropriate time that we can go on that we actually also maximize the
Services; what we are putting on the market
Perfect and I'm just going to add onto that
That part of our roadmap is obviously increasing number of users in the countries where we are currently operating
As well as market research and working towards entering new markets
So we're now at the end of the AMA, maybe if you have some final words, what is your outlook on the project?
Yes, as we have talked
we are very satisfied with the last year and this year and
We are actually very exciting with the new services. We are developing and we will issue on the platform
of course, all of these new services the SNC token will be essential to pay with SNC token and we are going to x2, x3 or even maybe more
Increase the number of users and sales. We are going to open at least one country
This year and maybe . Is this going to be Italy? Maybe it's going to be Italy, maybe not. We will see
Which will be fastest
then
So in next year, of course the follows the bigger countries as well. So I think it's going to be very exciting especially
Because we are going to launch a new global service, which would be available actually for almost everybody
Ok perfect, thank you very much Gregor.
And yeah, we invite you guys to join us on our social media channels, we're active on
As well and
Boolean signal Delta Instagram
Can you okay I'll just do it okay it can continue is it going
Thank you, and we invite you guys to join us at a social channels
We're going to link that in the description below. Have a good one. Bye
You
