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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 EarlyInvestor59on Apr 30, 2018 10:33am
115 Views
Post# 27958271

RE:RE:RE:RE:RE:s

RE:RE:RE:RE:RE:s
GreenReturns1 wrote:

Thanks Early, good point - thanks for the reply, 

One last question:

I originally assumed that the lack of NRs in April was because ID wasn't going to be updating us on small contracts like the one last week. By this logic, I guessed that contracts were being signed and would be released all at once in an NR or we would just see any additional revenue reflected in financials.

Obviously this isn't the case, is it safe to assume that at least the reseller agreements aren't being reported? I want to believe there is more going on behind the scenes, if the only contract signed in April was with a small dental practice we would have an issue imo.  


 

You are right but their is a but. When I Spoke with Todd, he explained to me that they have resellers agreement which implies thye can only disclose their directly signed custommers. Since the legal relations from a custommers signed by a resellers is with the resellers (selling ID's product), ID cannot pinch and PR theses since it's not ''their relations'' even if they are clients of Delivery Trust.
 

This being said, you combine it with the fact that we went from 10% to 50%+ of sales comming from resellers... I Personally don't care about big name dropping to pump SP or hype the stock. Number will speak for themselves and won't lies. My point is that now 50%+ of news customers cannot be put in a PR since thye come from resellers which should lower the amount of news to theses matters.

That's my understanding of the current situation.

That's make me think again like fall 2015 when Aurora and Organigram (marijuana sector) dropped to 80 cents just after Trudeau election (weed sector) before starting a huge ramp up ahead of legalisation (GDPR likes)...
 

We will see at the end , company still has incredible fundamentals, product, growth, margin, and scalability with their JV's.
 

Ignore the noise and focus on fundamentals, they always win's at the end
 

Regards

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