Venzee Technologies Inc V.VENZ

Sideways

[summitking]

For those that have followed this for a while you'll know that I've followed it very closely.  I chat with the team, regularly review the presentation and financials and obviously do like the story.  There's obvious pumpers on here and I don't have a problem with it, people should be pumping a stock they really like (paid pumpers can f*ck off).  However, it's always the same thing - supply chain is in crisis, they've hit their 2021 and almost their 2022 YE targets, this technology is the future etc.  However, with all that said, the stock has basically been sideways for the better part of a year. 

My question is what's going to cause this to break out?  Don't need the generic pumper's answers.  Genuinely, what is going to be the catalyst for this to move?  Personally, I feel like once YE and then Q1 numbers come out investors will 'trust' the story.  As of now we've never seen real revenue.  Seeing some hard numbers on the financials may change that and cause investors to jump in, YE won't be great but Q1 should/better be.  What do you people think is going to cause this to finally have a meaningful move up?

[Lllennn]

Well for one: need to reduce the number of shares outstanding. Two I'd like to see them issue warrants 3 yrs time limit ( Leveraged unit). Three: A Corporate financial engineer to create and implement the corporate competencies and farsightedness strategies for Market expansion. Four: possibly look for synergy wihen spooling growth, acquisitions may be right move such as add on

[MinerCPA]

To move the stock we need to "See" first quarter financials showing the huge sales growth to back up John's claims. If the paid for Mesh Connections are truly on track as explained in the last video, then the company will be more than profitable. If sales growth occur's at an accelerated rate as explained then the stock should rise quite rapidly. My opinion only. Go Venzee....

[SpauldingSmails]

Clean up the share structure and keep executing on KPI's. They've been receiving cash from warrants which is a good sign imo. Not sure why some seem impatient here, growth takes time. I believe John will deliver.

[summitking]

I would agree with you Miner.  Let's see that this revenue is real and is exactly as stated.  Monthly recurring revenue.  I think it would also be beneficial to have a real full-time CFO.  I don't see the company having much creditbility from a financial perspective right now.

[SpauldingSmails]

As far as I know Darren Battersby is the CFO and has been since 2019. https://investors.venzee.com/2019-07-30-Venzee-Appoints-Darren-Battersby-as-Chief-Financial-Officer Resetting the share structure will take some effort and capital. But it will open up VENZ to more eyes in the marketplace. Tough to get big players to buy into a penny stock as the perceived risk is high. Thankfully VENZ has a

[RealVal]

SummitKing. I will offer my thoughts end of this but would like to ask one question of you or any others who may read this.  In your conversations with members of the team or in any other written or audio presentations from Venzee have they communicated what they feel is there realistic, obtainable goal for Mesh Connectors sold and ARR 3-5 years out? While consolidating the shares

[summitking]

Appreciate all the comments, this is good dialogue.  The share structure is somewhat concerning but to me a company with effectively nil revenue, let alone earnings, is and should be treated as a penny stock so I suppose if the revenue does show up, which they state it will, then we can worry about the share structure then.  Also, if the company is cash flow positive and doesn't need

[MinerCPA]

Excellent commentary.