Venzee Technologies Inc V.VENZ

Press Release

[summitking]

If I'm reading this correctly, the company said the year end targets they said they hit they actually didn't and they didn't in Q1 either.  Is that even legal?  To completely lie about hitting your year end goals when clearly you didn't?

[MinerCPA]

I read the old press release as well......it sure gave the impression that these numbers had been achieved. I believe that the CEO John needs to immediatley give his shareholders an update on 1st quarter sales numbers and why the delay in achieving these prior sales goals. I don't want to wait months for the "required financials " to be released.

[SpauldingSmails]

Have to admit this is most disappointed I've been in VENZ and John. I agree Miner, an immediate update is warranted. This is unacceptable. They'll justify it by saying something like "the deals were signed but connection implementation takes time".  If the year end 2021 numbers and 2022 deals weren't close to being actually implemented & ink on paper they shouldn

[summitking]

Unfortunately, I'm not sure you'll be getting a response from John.  I'd be surprised if plans weren't in place to have him removed from his position.  You can't have someone running the company with complete disregard for the public process.  

[Justforfun10]

No mention of the advanced contract negotiations with 3 additional partner clients. Any insights ...  nothing new to report? Negotiations have broken down?

[Cgbuddy]

they dont care about the share value it simple...

[Midtown007]

I spoke with IR about a week ago and was told that the 3 potiental deals are still being negotiated .  I guess like anything else everything takes a little longer then we like.

[summitking]

Except that they announced meeting their KPI targets and updated them in their presentation, none of which actually occurred.  They lied which in the investment world is known as fraud.

[Stargazer72]

Then sell and leave!! bye!!

[smallcapguy7]

I agee, this doesnt pass the smell test!