Post by
Norm721 on Mar 12, 2021 10:44am
CONNECTIONS...
A little bit more disclosure than usual. We now know they are comfortable with 250 connections by end of Q1 and >2,000 by the end of year. Connections are going to snowball...until this gets taken out.
Comment by
summitking on Mar 12, 2021 12:59pm
I could be mistaken but I believe the 250 this quarter is on top of the ~300 from the last quarter. Perhaps I misinterpreted but the Q4 presentation had 300 at quarter end for the goal. We could be in excess of 500 connections now.
Comment by
Norm721 on Mar 12, 2021 1:23pm
Yes He said: With nearly 400 unique retail channels available to clients through Venzee's proprietary Mesh Connectors™, both clients are now planning to satisfy content distribution to their "Top 50" retail destinations by mid-year.
Comment by
SpauldingSmails on Mar 12, 2021 1:30pm
All 2020 MD&A documents on Sedar mention connection progression and availability. I think they'll eclipse their targets easily. Revenue starts to flow! Trading 'high' volume, but not alot of money daily, will be interesting to see how that changes as this becomes more well known. Now if we can just break through 19 cents and hold it's onto the next leg up.....
Comment by
Bobo2929 on Mar 15, 2021 9:52am
I work in this industry and this is a huge deal. All large manufacturers and retailers have been waiting fo this. Love that is is recurring revenue. This will take off fast once the first few companies complete the integration. Tech works as the test companies are now into integration on a large scale. Early days will not last long !