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Ivrnet Inc V.IVI

Ivrnet Inc is a software and communications company that develops, hosts, sells, and supports value added business automation software solutions. The company derives its revenues under license agreements from the sale of proprietary software licenses, third-party software support, and hardware and provides software-related services including training, installation, consulting, and maintenance, which include product support services and periodic updates. Its Telepay, a module in Central, is a PCI DSS compliant SECURE over-the-phone payment software provides customers a convenient way to pay bills and can be integrated into existing call center workflows or used as an efficient auto-attendant payment solution.


TSXV:IVI - Post by User

Comment by jerrio78on Feb 09, 2021 11:46pm
120 Views
Post# 32521652

RE:RE:Over 3 million in Revenue stock trades .035 cents

RE:RE:Over 3 million in Revenue stock trades .035 cents The costs to get the revenue mean about $1.6 million in but their bills eat everything up and the $3 million loan is at $3.2 million even with them making big payments each month. On top of that they are going backwards over $100,000 into the hole each month. All of this compounded by a low share price so they can't attract new investors. The best solution may be to do a reverse split 10 for 1 then do a discounted financing to try to stop the bleeding. Get on Sedar and break out a pencil and a pad. It's a mess imho. I know a couple similar companies cash flow positive and sumilar market cap. Happy hunting
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