Venzee Technologies Inc V.VENZ

What a load of garbage

[Yeppers12]

Remember in December they announced they had hit their targets?  

Remember last quarter they said they pre-announced the contracts. 

Remember today when they still hadn't signed or reported anything of significance. 

Why even have conference calls?  Just get the contracts signed, announce the contracts, hold a conference call. No one wants to hear a promise when you've already lied. 

What a horrible way to communicate.

[Lllennn]

Still short $700000 on the placement tranche so that will be dilute, maybe 2 cents?

[Abito]

might as well say goodbye to our money.. there is no way this company can keep operating at this rate. no revenue with huge deficits. 10k revenue.. what a joke.. so no one is paying the company to use its technology? or they have no clients?

[summitking]

They felt the need to push back the date on announcing Q1 for that?  Unfortunately this company is done.   

[MinerCPA]

Can't wait for the morning "update"....unless the company has closed a significant number of deals since 3-31-22 I can't imagine what else they could say!! Further dilution to stay in business will not fly. Revenue, revenue, revenue........that is the only hope!!

[MACNAC]

OK, I am at a complete loss. They repeatedly confirm 500 paying mesh connections. At $10k income for the quarter, that looks like $6.67 per mesh connection per month. What am I missing or are they fraudulently reporting sales figures?

[Norm721]

FIRST 6 MONTHS ARE FREE

[MACNAC]

I have gone back through their Press releases and call BS. On Aug 30, they stated they have sold 792 mesh connectors as of Q2 2021. Up from 675 at end of Q1. All of Q1 would be paying customers by now. That is a full 12 months since they reported at least the 675. So where is that income? 6 months free I get. Over 12 months now. Show me the money....Read through the press releases. Lie after lie.&

[Norm721]

I miss the weeb cast this morning Why you didnt ask John about that?

[MACNAC]

I wish I could have, but it is month end and I have meetings all day. Once I finalize this month I will email and see what they say. I will share whatever they respond. 

[Norm721]

GOOD QUESTION SEND IT TO: [e-mail]