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Identillect Technologies Corp V.ID

Identillect Technologies Corp. operates through its wholly owned subsidiary, Identillect Technologies Inc. is a software development company that has developed an email encryption software solution. Its activities include research, design, and development of an email encryption solution for use by business and individuals in their day-to-day communication. Its software Delivery Trust is a proprietary email encryption technology targets organizations of all sizes, as well as individuals medical professionals, insurance companies, accountants, lawyers, real estate agents, and educators on a monthly subscription basis. Delivery Trust can be accessed by professionals on a range of electronic communication devices. Delivery Trust integrates multi-factor authentication (MFA) for account login as well as recipient verification. MFA combines two or more independent credentials: what the user knows (password), what the user possesses (token) or what the user is like (biometric verification).


TSXV:ID - Post by User

Comment by PoorOpinionon Jan 12, 2018 4:34pm
203 Views
Post# 27345761

RE:RE:Given you're answering basic questions

RE:RE:Given you're answering basic questionsIf this is to go exponential is this largely a marketing thing? I'm pretending to be somebody looking for secure email.

If I google "secure business email provider canada hipaa" I get a lot of different services, none of them Identillect. I get Fireeye, Zerospam, Fusemail, Hushmail etc etc etc. I did other similar searches and got these names recurring. I also got lists of 'best of 2018' with similar names coming up. I guess this is all marketing. I clicked on one, Hushmail, they seem to offer similar service to Identillect but I have to say the website seemed more user friendly ( to a tech-challenged like me). It looks like a crowded market and I dont see Identillect USP.

My basic point is for this to go exponential, dont they need to put the product in front of more eyes? To do that they need to spend marketing dollars? Is that what the new cash is for?

CandideV007 wrote: You are absolutely right. We have little information beside what we can find in the financial results documents. As you know, mangement does not earn my trust easily, and while I still have my doubts as I will always have them, I have the feeling that each PR represents a large number of new licenses (in the hundreds for the most part)... So that answers your first question: recurring fees. Each month.

The cost of a monthly license is listed on this page:
https://identillect.com/product

A discount is probably given for large contracts... AND Qubechain is now getting a fraction of the revenues for their sales of Delivery Trust contracts... making it more difficult to make projections.


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