TSXV:POI.H - Post by User
Post by
lscfaon Feb 25, 2015 9:02am
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Post# 23462259
Insight from Bruce Campbell
Insight from Bruce Campbell
Bruce Campbell (2) |
This is one he is fairly excited about. It doesn’t have any earnings right now, so there is a risk profile with it. So far they have rolled out with Best Buy, Neiman Marcus, Home Depot and one other. Basically you take a picture of an article and it will give you a match, price and you can Buy immediately and have the article delivered. They are running full tilt trying to get retailers signed up. Have a backlog of about 300 retailers that all want to participate. Revenue will come 1) when a picture is taken, 2) when you buy something, 3) the opportunity to sell the data back to retailers, etc. who would like to take advantage of it. Their Neiman Marcus deal started generating some revenue in the fall. Because of their multi-prong approach, they should be able to generate some significant revenue.
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Price:
$0.800
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