How do they generaterevenue...???
Seems many here are unwilling to do any DD on that......makes me laugh !!!
Well, they generate revenue when their product is used. For example, say you own a movie theatre and I decide I want to use Poynt to see what's playing at your theatre. Once I 'click' or 'hit' your theatre...Poynt gets paid...how much... I don't know...but the movie theatre pays Poynt...I'm guessing a few cents or a nickel , dime ...etc.
Well, big deal right.....well , once you have over 10 million + users for this app. it becomes a VERY big deal.
I read that the average user may use point once every couple days....Poynt already has over 6 million users and figures to gain around 15 000 new ones DAILY....or around 450 000 / month .....or around 6-7 million new users in the next 12 months....
Something else to consider....anyone who buys a Blackberry already has Poynt on the phone there to use...
Poynt getting ready to tackle India should get them a few mor hits a month....
Trust me, buy some shares ....check back in July or August......Poynt might be selling for a little bit more than 0.20 a share....