betterU Education Corp V.BTRU.H

betterU Education Corp is a Canada-based education-to-employment technology company. The Company is focused on offering an end-to-end solution to automate skilling, reskilling and upskilling for companies operating on domestic and global scales. The Company provides a technology gateway and marketplace for online education. The Company collects online learning from content vendors, including universities, colleges, and corporations from worldwide and makes that content available to students. Its programs and features include individual skills development, corporate training, government, work-integrated learning and reseller/franchisee program. The Company sources, integrates, customizes, and delivers fragmented skills development programs across the organization. Its integrated platform provides technology, content library, customization, language options and solutions. Its subsidiaries include SkillsDox Inc. (SKC), SkillsDox India Private Limited (SKI) and 9194495 Canada Inc.

TSXV:BTRU.H - Post by User

betterU Education Corp > 2,976,190-share private placement

<< Previous

Bullboard Posts

Next >>

Comment by Teflon2Hypeon Jan 20, 2019 1:03pm

72 Views

Post# 29257086

RE:RE:2,976,190-share private placement

Realize that this is not a money transaction. It is advertising credits for shares.

Like most print newspapers, their revenues are falling through the floorboards so with this arrangement they can book ad sales paid for with shares, which makes it look good for their print newspaper. Brad on the other hand can make it look (to the uninformed) that they have money coming in from real investors, when they do not have a red cent coming from them.

What is the value of it to BetterU? They say they spend $1.25 million in HT credits on quarterly advertising but continue to report gross quarterly revenues of around $6,000?...sound fishy? $5 million per year in advertising credits with a print newspaper with less than 1 million circulation only to have your revenues do nothing?

If you think that is odd then add to that a 2015 $29 million newspaper advertising credit over 5.5 years (End of 2021) and their revenues did not move on that one either. Is it starting to seem to you that BetterU's greater value lies in a means for print newspapers to prop falling ad revenues?

"The remaining 50 per cent (minus one share) is held by Bennett Coleman & Co. Ltd. (BCCL), India’s largest media conglomerate and owner of the Times of India. In April, 2015, BCCL agreed to provide $29-million worth of advertising services over 5.5 years to Skillsdox Inc."

"In 2015, Skillsdox Inc. lost $1.26-million on revenue of $6,041. (These figures include 100 per cent of Skillsdox India’s results.) In 2014, it lost $1.24-million on revenue of $15,121."

"Skillsdox is a sales agent that has a website called betterU (previously School of Skill), where it sells where other companies' on-line courses delivered in English. It does not create or host course content itself; modules come from other on-line education and job training providers."