TSXV:POI.H - Post by User
Comment by
Leafs4Lifeon Apr 04, 2016 7:58pm
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Post# 24730113
RE:RE:CC just completed
RE:RE:CC just completedNone of the customers expanded their adoption last quarter. They had zero revenue growth in three months.
I agree that their spin about human tagging is laughable. It's so desperate. The costs associated with tagging new items for a store like Toys R Us who changes their inventory on a monthly basis is overwhelming and never ending.
But the thing that makes their human tagging as an advantage drivel even more outrageous is that they said the EXACT OPPOSITE THING six months ago. They couldn't stop talking about how automation would change the outlook for their business. So which is it? With automation save them or is human tagging the key to their success.
Oh, by the way. They still have not told us how many items have been bought using Slyce or pictures taken using their technology. There is only one reason for them to keep this information a secret (seeing as it is completely central to the success of their business)... it's because nobody uses the service. Changing human behaviour is very difficult and their product just isn't that compelling.
They will be talking about being an acquisition target before long, mark my words.