Versapay Corp - Ordinary Shares VPYYF

RE:Update from Virtus Advisory on Oct 13

[Hunter747]

I have recently begun DD on this company. Some interesting moves to drive focus and concentrate on reaching critical mass in the AR payment space. Could anyone assist me in better understadning there revenue model. I find the investors deck a little confusing with the use of the terms customer, supplier,end user adoption etc. And now they have added channel reseller (ricoh). Any clarity on how reooccuring revenue and incremental transactional revenue are generated from supplier,customer and end user (customers customer) would be kindly appreciated. What is the leverage and can this model self propel (phone ringing with someone needing to be on their product) or is growth primarily driven through sales team activity and success.

For example I assume IC Berlin is a new customer. What would the monthly reoccuring (contracted) and other possible revenue streams from this customer sign up onto the platform?  Could someone possibly provide an example of 2 of who the 70 suppliers are and what the revenue streams generated from them are Thank you for any assistance that can be provided here.