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HS Govtech Solutions Inc C.HS


Primary Symbol: HDSLF

HS Govtech Solutions Inc. is a Canada-based software-as-a-service company. The Company's principal business activity is the development and sale of information and communication management systems for health inspection departments of federal, provincial, state, and municipal governments in Canada and the United States of America. The Company is focused on providing an efficient data and workflow management platform. Its platforms provide inspection, information, communication, and data management systems that enable government agencies to operate more efficiently. Its cloud and mobile-based platforms are deployed in approximately 800 state and local government organizations across North America. Its solutions include environment health, code enforcement/ fire & safety, virtual inspections, payment processing and more. The Company also delivers government grade technologies to private businesses through its My Health Department platform.


OTCQB:HDSLF - Post by User

Post by bluemoons20on Jun 25, 2020 5:24pm
176 Views
Post# 31192571

Stock Action

Stock ActionHI,
New to the board  even though have owned for about 2 years and  way under water at this point.  I think people are reading too much into the $ value  of this one announcement.  As noted  1%  so  this customer currently has  $8 million in total billing.  Not all customers will use this payment method.  Thus not much money here.

Value however is that we now have one contract using this in place and can build on it.  Expectation that one contract will be a home run is not realistic.  What we need now is a growing number of contracts for HSpay.  either with existing customers  or new ones.

The money is when you build to a few hundred customers.  If new contracts  for the suite of programs include this, longterm  there will be income stream.  Think company is not going to go big with this but with a number of offerings  so this income stream will make a good base and cover operating costs  and make the overall profitable


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