OTCPK:VNUE - Post by User
Post by
AveragePennyon Apr 12, 2021 2:53pm
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Post# 32978800
VNUE CEO Company Update
VNUE CEO Company Update"First of all, have no fear. Everything is going as expected, if not better, with recent results showing that we are identifying almost 100% of the monitored music ingested into Soundstr. The only exception of course is that our touring side of the business was zero for 2020 due to the pandemic shutting everything down, as noted in our filings, and therefore we lost out on a lot of revenue that we expected. The revenue from the touring would have provided us more budget in order to accelerate completion of the first phase of Soundstr and its deployment. As a result of this lack of revenue, Soundstr development and deployment has taken longer than we would have liked, but we are actively in discussions with several parties, both large and small, to that effect. We do indeed have some units in the field, too., including another one that will be installed shortly at the recently opened RockHouse Live Clearwater Beach." https://www.otcmarkets.com/stock/VNUE/news/VNUE-CEO-PROVIDES-COMPANY-UPDATE?id=297721