Graphic Media Deal: Missing critical information$ The Graphic Media deal with iSIGN is a great news BUT critical information is still missing. Investors are looking for money confirmation and real numbers.
The deal confirm the 3M$ purchase order for 6000 smart antennas. The agreement for the smart antennas and proximity marketing service is for 5 years SUBJECT TO MINIMUM REVENUE\PERFORMANCE, renewable for an additionnal five years.
The 3M$ is for the 6000 antennas that we sell probably and almost at cost ($500 each) because what iSIGN Media wants is the monthly RECURRING REVENUE that will bring in the money in bank account every month for years.
Ok, we have a contract BUT we don't know and don't have the confirmation concerning:
- The minimum revenues and performance expected from the smart antennas?
- The monthly recurring revenues that will be paid to iSIGN each month?
-Do iSIGN Media offer to Graphic free monthly fee for a specific amount of months in order to get and sign the contract?
( iSIGN Media seems to be expecting around 100-120$ each month for the smart antenna service and back end management software)
If you sign a contract with a big customer and you don't tell your boss how much money he or the company will make, he will not give you a free trip to the best hotel in Costa Rica!
That's the reason why the stock price is still at .25-.265
Big, serious and conservative investors wait for financial reports and dollar confirmation in order to invest their hard-earned money.
When iSIGN Media will be transfer to the Toronto stock exchange or Nasdaq, we will attrack a new and huge wave of investors and the stock price will reflect the real numbers.
I am a shareholder and I believe iSIGN will be working hard for us in 2013!
Mr. Alex Romanov, with the next NR we need to know and confirm the important and critical numbers!
GLTA