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Bullboard - Stock Discussion Forum ParcelPal Logistics Inc C.PKG

Alternate Symbol(s):  PTNYF

ParcelPal Logistics Inc. is a Canada-based courier and logistics company, which is a specializes in last mile delivery service and logistics solutions. The Company connects people and businesses through its network of couriers in major Canadian cities, including Vancouver, Calgary, and Toronto, as well as in the western region of the United States. Some of its verticals include pharmacy and... see more

CSE:PKG - Post Discussion

ParcelPal Logistics Inc > App has me wondering....
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Post by Swingzup1 on Aug 07, 2020 11:01pm

App has me wondering....

I live in Toronto and just opened the app and look under the other cities delivery options only to see that all the options they had before are gone. Calgary has 1 options Vancouver has 4. It's kinda of confusing being that last financials showed growth on all ends of the business aswell as them hiring due to larger demand...also I noticed that instagram ads have stopped. They haven't posted anything since June 15......this all happens AFTER they expand into toronto....things aren't adding up. My thinking is big news is coming with big partnerships or even a merge or equity partner or things took a huge step backwards...which seems odd with latest financials and recent expansion moves but not impossible.......any thoughts or insight?
Comment by JimboBobcat on Aug 07, 2020 11:43pm
I live in Vancouver and my app also shows just get anything and 4 sh*t store options. Food is gone.... Maybe an update for the app? or maybe they realised their app sucks and was making $60,000 per year when their shipping was making 99% of sales. Cut the loses and move on to what works... maybe we will become profitable after all. 
Comment by Swingzup1 on Aug 08, 2020 8:47am
So I have a convo last night with tech support and got some insight into this. The reason the store options are gone is because they only display menus for partnered companies now....I believe skip and uber eats operate the same way but don't quote me on that. None the less I feel you are correct because this part of the business costed them more then they made they are probably working on ...more  
Comment by JimboBobcat on Aug 08, 2020 3:56pm
Gives and example of Parcelpal Revenue below: (This came from the June 9 MD&A on sedar.com) I think we all know PKG App is customer B and Amazon and other contracts are Customer A. Let's stick to what works and remove the rest. Revenue The Company currently has two revenue streams. One is through the application known as ParcelPal and the other ...more  
Comment by beentheredoneit on Aug 08, 2020 3:41pm
Jimbo, I think you should ,"STOP all your wondering , followed your by posting your concerns about who knows what !..Perhaps one might take a more positive approach towards the company or simply invest elsewhere ..I on the other hand suggested that we should news released within the next 15 days and in that regard I believe I may be wrong on my timing . The company ,, is more likely to ...more  
Comment by Iamgospel on Aug 08, 2020 5:10pm
I would rather read posts that you dont find positive enough compared to the misinformation that you put on here.Are you happy not making money ? I for one am not.Sounds like you are happy to go along with what ever anyone at the top says. Are you a trump supporter too ?Only asking because those people tend to just go along with what they are told. Even though it is painfully obvious something ...more  
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