RE:RE:RE:RE:RE:RE:RE:Revenue ModelYeah I agree, poorly phrased and a rushed attempt at perspective. Good call out... need to clarify. I too believe that many have reviewed the product and have come to an understanding. My consideration is that there will be a rollout strategy requiring IT coordination, which could take a bit of time, depending on the complexity of the onboarding package and available resources. Blockstain may need manpower where customization is required - which could also depend on LP competency. I do suspect that LPs have identified strains and have a good understanding of the automated regulatory reporting. I too invested with the 97/5000 and agree that WeedMD would be the first to go live. I anticipate others to follow accordingly.
LaserStock29 wrote: Crackers13, Unless you know some DD I dont.. companies have already had enough time to fully test and evaluate the product..
this hinges on 97/5000 paragraph... this is a non-negotiable.. it is or isnt fact...
We may be at the beginning in that WeedMD is the 1st due to their investment and being the pilot of this but at no point did I invest thinking they were the only ones evaluating it leading up to OCT 17. Weed MD happens to be the first to bring this forward into mainstream as they should.
I believe that a great many companies were already well underway across Canada in beta-testing and had given some form of agreement to blockstrain.
Dont twist that logic.. I hate to be that way but your' confounding the thinking here.
Cheers
I look forward to something next week confirming the 97/5000 or some version of that.. it must be reconciled.
There is nothing to 'keep in mind' lets be as straight shooting as possible here..
1. Spire
2. 97/5000
that's it man.
Crackers13 wrote: I agree with the importance of a large LP to validate the product. Of course it's true that revenues will ultimately dictate the price, but do not think that they have missed the train. In fact I think tech and ancillary cannabis companies are just getting started. Blockstrain only IPO'd 5 months ago. What they have accomplished is very impressive. We should keep in mind that LPs are still getting their feet wet and need to dedicate time to evaluate the product. The software solution put forward is applicable and valuable on many levels and Investors will be drawn to potential value... Assuming that they can land an LP/government and provide a sound revenue model. We are just at the beginning imo.
LaserStock29 wrote: Well that's the beauty of government contracts. If it's as big as said financing as a starter. That's really positive. Although I'm not sure what a legit number is for a govt contract. For the concept of revs before pps. I'm more interested in whether canopy or aurora pick this up Both have contracts in Poland and thus the EU. intergovernmental regulations and agreements on legal presidents with product is incredibly important. Blockstrain solves this Speculation hoping is rife if said catalysts fruit.
fic73 wrote: I think the hype is over and Blockstrain has already missed that train. Now the compnaies will most probably be valued based on their revenue.
There are couple of catalysts ; govt contracts and the validity of 97/5000. Especially govt contarct or validity with a big company can push the price long way.
IMO the announcemnets of contracts will gradully push the price. However It will take time for blockstrain to show the revenue.