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VENDTEK SYSTEMS INC V.VSI

Technology Software - Application
"VendTek Systems Inc develops, markets, and licenses automated transaction system software and supporting technologies. Its software product, eFresh provides electronic distribution infrastructure to service providers, retailers and retail distributors."


TSXV:VSI - Post by User

VENDTEK SYSTEMS INC > Financials
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Comment by TheRock07on Feb 27, 2014 7:37am
99 Views
Post# 22257470

RE:RE:RE:RE:RE:Financials

RE:RE:RE:RE:RE:FinancialsThe Brazil market is 40 to 50 times larger than in Canada...this is stated in 2013 financials.
Margins are lowest in Canadian market.
Vsi will also retain all of its international markets including the USA where gross sales were $3.7 million.
International margins are higher than in Canada.

Given these stats, execution success in Brazil and internationally will convert to this being a large multibagger
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