OTCPK:RWWDF - Post by User
Post by
PeaceCountry427on May 30, 2017 11:20pm
98 Views
Post# 26304121
Positive Note
Positive Note Of note, they did close 3 time the new costumer contracts year over year. I'd be interested in hearing how the high volume/low revenue model works. Excerpt below:
For example, in the six months ended March 31, 2017, the Company has closed over 3 times the number of new customer contracts compared to the prior year; the majority of these closes coming from small and medium sized enterprises. (see figure 2 below). Despite the increase in closed customer contracts, the lower revenue for the current periods partially reflects the Company’s focus on a higher volume, lower revenue customer. The Company expects that the higher volume of customers will, in due course, result in an increase in revenue.