90 Cents ...and more on Brazil
Thanks for posting all of this...it's terrific!
When a profitable company with an income stream that is growing and almost 100% profit gets into the public eye...well, we've all been waiting for this, haven't we?
Altho' the article was a little off-base...Brazil is not a pure licensing initiative. But the top-line numbers will ultimately be staggering. And that's what the rest of the world is looking for...humungous growth.
They talked at the AGM about how quickly Brazil is rolling out compared to other countries. Here are a few of the highlights, not in logical order, but you can connect the dots:
Expect 3000 locations by the end of the fiscal year.
The competitive advantage is VSI's ability to leverage the technology into market segments that existing service providers have been unable to serve.
The market there is different...bank partnerships more prevalent, more services than just PP cell phone
30-40 MM people in Sao Paulo area alone
Each terminal expected to do double to triple the volume of terminals in Canada
Carriers are the driver...they will help promote...it's in their best interest.
G7