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Cortex Business Solutions Inc. CTPNF

Technology Information Technology Services
"Cortex Business Solutions Inc is a network-as-a-service company, which focuses on helping businesses within North America to transform their manual and costly invoice processes by enabling buyers and suppliers to send and receive invoices electronically."


OTCPK:CTPNF - Post by User

Cortex Business Solutions Inc. > McWhirter on BNN @ 1pm
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Comment by Ceriuson Mar 19, 2015 12:59pm
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Post# 23539195

RE:McWhirter on BNN @ 1pm

RE:McWhirter on BNN @ 1pmThere didn't seem to be much participation from anyone on that call. Hearing it takes 6-9 months to get to revenue from contract signing is a little scary in this market as that is plenty of time to have customers 'shelf' projects until market conditions improve. Additonally, reading between the lines on the field approver soltuon they are planning to release - great news that they reduced the capital spend by $500K - not so great news that they scaled back the solution with less functionality to meet the goal of releasing it to the market in May. Cortex is notorious for selling a 'bare bones' solution with empty promises of delivery, which is why their customer ratings are not so great. I'm not seeing things improve for Cortex anytime soon. Their issues go far beyond their finances.
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