OTCPK:UBNSF - Post by User
Comment by
ricardo135on Apr 29, 2017 12:12am
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Post# 26182322
RE:Annual report and MD&A up on sedar
RE:Annual report and MD&A up on sedarLauraDover wrote: Here is a bit of it:
Annual Revenue:
Dec 2014: 728,990
Dec 2015: 724,994
Dec 2016: 1,464,026
Annual Loss per share:
Dec 2014: (0.06)
Dec 2015: (0.09)
Dec 2016: (0.05)
Quartlery
4Q:
Sales Dec 2016: 205,459
Sales Dec 2017: 434,483
The increase is primarily attributed to increasing monthly recurring revenue through multi year contracts with the commercial and enterprise market.
4Q Net Loss:
Dec 2015: (1,601,851) Per Share: (0.03)
Dec 2016: (986,030) Per Share: (0.01)
The Company’s priorities and objectives for the next 6 -12 months are to:
- Raise additional capital through institutional funding to position and capitalize the Company for rapid growth in 2017 and 2018
-Become EBITDA positive in the next 12 months;
- Extend the network to key multiple occupant residential and commercial buildings;
- Implement a targeted sales and marketing program to add subscribers;
- Add additional services to the product portfolio for both residential and commercial customers to enhance average revenue per user (“ARPU”)
- Continue the investor relations program to raise awareness of the Company, its operations and prospects, targeted primarily at brokers and merchant bankers
and
- Add additional municipal partners in British Columbia and other parts of Canada.
Great Post LauraDover. Terrific simplified version from SEDAR :-). Growth is imminent and is in front of us as of right now and many news releases recently :-). It makes me wonder why there is so little interest in Urban. REVINUE is obviously GROWING Quarter after Quarter. As UBN becomes Fibre Preferred The CASH FLOW will be outstanding. Looking forward to my investing rewards with this GROWTH Company. URBAN is Worth Weekend Researching and DD all :-) JMO GLA Cheers