Pounce Technologies Inc. V.POI.H

Q3 CC sept 30/16

[lscfa]

What I heard.....

SLC Sept 30/16 CC

 

Continues to sign retailers at a steady clip

 

In the midst of launching its largest client to date

 

After licensing SLC's core search tech, almost every retailer goes on to license additional SLC services which doubles and triples the fee revenue

 

Prominent placement of the SLC camera icon on home screen search bar of retailers apps leads to increased search volume and engagement

 

Streamlining has resulted in 1/2 the employees needed to run operations and maintain accuracy scores above 90%

 

Ave retailer search volume is 71,000 per month, up from Q2

 

B2C generates 1/2 of SLC revenue

 

New version of Craves app has increased user retention by 6x

 

Many new customers on the B2C side and hopeful some will become 

B2B customers

 

Applied for government grants and loans but it is slow; also working on additional financing

 

Since June, BIG (Cam and Erica) made $400,000 in bridge loans to SLC

 

Cash flow positive when reach 50 customers which is projected for end of 2017

 

Cash burn has been reduced since Q3

 

Send additional questions to [e-mail]

 

[Soyousay]

Ya, amazing that people are missing this.   It will be a 10-bagger in '17.

[MuadDib]

In respect to your first comment... I heard,"largest clients". There's no doubt SLC has a high level of risk/reward. I believed the large client's NR would be issued this quarter. I'm disappointed that they weren't. My takeaway from the call... management doesn't want to give up. There's so much potential! Even if there's more dilution, I'm comfortable

[jj12345]

I emailed ted after the meeting.  He did say it is there biggest client to date but they wouldn't have clearance to release the name till sometime in 2017.   I like that he doesn't give ya a bullshit answer.  I understand that it will be kept secret until released as a strategical advantage for the company.  Glad he doesn't string us along like Roy would  

[MuadDib]

My $$$ is still on Pinterest. From a June Pinterest NR, it's stated; they'll roll out a camera search function in the coming months. They would certainly fit the description of largest client to date. IMHO GLTA

[jj12345]

you may be on to something...just searched what you are talking about and the article I pulled up has neiman marcus all over it...makes sense that they integrate with a company that has gotten good revues from there current customer. However there is an article from 2014 that they had bought a company involved in visual search that could be there own version. I really hope that your right but not

[MuadDib]

It's my deduction that the visual search company purchased by Pinterest had 2 employees at the time. I'm not sure 2 ppl could integrate a full scale Visual Search function into the Pinterest app. But yes, too many things align with the two companies. IMHO GLTA

[Wallcrawler]

It could also be walmart? Pintrest would be nice, but wouldnt they just buy slyce? Regardless any news is good news at this point. 

[jj12345]

walmart would be the golden goose...we can dream tho.

[lscfa]

.....my thoughts exactly...it is bigger than Home Depot and Walmart has been on the Pounce app for a long time

[jj12345]

I really hope your right.   If we get Walmart on board I think the flood gates will open and we will have a line up of companies coming aboard.    Plus you gotta think they would generate big revenue plus global recognition