TruTrace Technologies Inc. C.TTT

Revenue Model

[fic73]

Can someone with software background explain teh revenue model for Blockstrain? Would they be charging a fixed amount per month or per transaction?
Also what is the potetial market for Blockstrain  in the cannabis area? There may be other applications as well however want to know the potential opportunity for Blockstarin if these 97/5000 are legit.

[Borat139]

It is essentially a not for profit model. The mission of the company is to ensure safe and legitimate product in the industry. The services are provided free of charge and the business runs off of donations and government support. Most of us here investors are philathropists and just want all the best for the consumers and small businesses. To make large investment returns is not our motive.

[ConnectTheDot1]

The field of dreams model: If you build it and they will come!

[LaserStock29]

Sometimes software co's will just send out their program, beta-version to companies to test and try.. to validate claims.. i.e. admin cost savings etc. If they like.. then once a final version is released can $$$ be made. it's where Blockstrain is now after WeedMd just confirmed as 1st onboard as they should be. No reason we cant have all the others basically confirm right away. 

[fic73]

I think the hype is over and Blockstrain has already missed that train. Now the compnaies will most probably be valued based on their revenue. There are couple of catalysts ; govt contracts and the validity of 97/5000. Especially govt contarct or validity with a big company can push the price long way. IMO the announcemnets of  contracts will gradully push the price. However It will take time

[LaserStock29]

Well that's the beauty of government contracts. If it's as big as said financing as a starter. That's really positive. Although I'm not sure what a legit number is for a govt contract. For the concept of revs before pps. I'm more interested in whether canopy or aurora pick this up Both have contracts in Poland and thus the EU. intergovernmental regulations and agreements on

[Crackers13]

I agree with the importance of a large LP to validate the product. Of course it's true that revenues will ultimately dictate the price, but do not think that they have missed the train. In fact I think tech and ancillary cannabis companies are just getting started. Blockstrain only IPO'd 5 months ago. What they have accomplished is very impressive. We should keep in mind that LPs are still

[LaserStock29]

Crackers13,  Unless you know some DD I dont.. companies have already had enough time to fully test and evaluate the product..  this hinges on 97/5000 paragraph... this is a non-negotiable.. it is or isnt fact...   We may be at the beginning in that WeedMD is the 1st due to their investment and being the pilot of this but at no point did I invest thinking they were the only

[Borat139]

My response was satire if nobody caught on

[Crackers13]

Yeah I agree, poorly phrased and a rushed attempt at perspective. Good call out... need to clarify. I too believe that many have reviewed the product and have come to an understanding. My consideration is that there will be a rollout strategy requiring IT coordination, which could take a bit of time, depending on the complexity of the onboarding package and available resources. Blockstain may need

[LaserStock29]

Good post Crackers13 Just to re-iterate 1. Spire in July was given an MOU to get a single province on-board..  --> This is key because the government is running ads on why they legalized cannabis a. To get drugs out of illegal distribution b. To maximize quality assurance  (Medical and Rec) c. Vital for Ontario Stores opening in 6 months Brick/Mortar.. the Toronto Police have to

[fic73]

Well said Laser. totally agree