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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 lovechickenon Apr 16, 2019 7:03pm
27 Views
Post# 29636252

RE:Why Identillect will make many very rich in the near future?

RE:Why Identillect will make many very rich in the near future?
Jonathan430 wrote: 1.Identillect Technologies Corp is perhaps one of the most undervalued stock on the market right now.<br /> <br /> Lets start by noting this has all been lifted from an article dated Feb 2018.&nbsp;https://thedeepdive.ca/identillect-technologies-quick-highlights/<br /> 2.It is an award-winning security-focused company that is relatively unknown within the sector.<br /> <br /> <strong>what awards? they were <span style="background-color:#ffff00;">&quot;recognized&quot;</span> in an article dated <span style="background-color:#ffff00;">feb, 2018</span> by the TSX venture 50 of top performing company based on a ranking forumala. and after a run up from <span style="background-color:#ffff00;">6 to 60 cents</span>, thanks to all of you dumb bagholders, I agree.&nbsp;</strong><br /> <br /> 3. It is a company rooted in providing security solutions to companies of all sizes. They identify themselves as providing a product that is easy to manage by both small shops and large enterprises alike. Their primary product of which, is email security. The company offers an easy to use multi platform plugin that encrypts the data being transferred through email, reducing the likelihood of security breaches. Recently, it entered the blockchain sector as a means of further enhancing their security related product offerings.<br /> <br /> <strong><span style="background-color:#ffff00;">as do thousands of other, better performing companies who dont have to offer 30% discounts to sell their products. And is offer a multiple language solution.&nbsp;</span></strong><br /> <br /> 4. The very first item that stood out regarding Identillect Technologies, is the gross margins that the company is posting. They are exceptional and show great potential for the future of the company.<br /> <br /> <strong><span style="background-color:#ffff00;">gross margins? how about you post their losses. &nbsp;And cash burn rate. &nbsp;you seem celver enough, I&#39;ll leave that to you.&nbsp;</span></strong><br /> <br /> 5. Although the company posted a loss for both the three- and nine-month period, it shows the potential that exists for the company in the future. Once it can gain momentum with its revenues, the associated expenses will quickly fall prey to economies of scale and thus drop off.<br /> <br /> <strong><span style="background-color:#ffff00;">I thought revenues were supposed to have been reached by Q2 2018?.. Losses, continue to pile up, and the 9M+ debt continues to grow...And from what I see you are as speculative, and hopefull as the rest of the bagholders, but I commend your optimism.&nbsp;</span></strong><br /> <br /> 6.Identillect has focused on aligning itself with associations. Arguably, Identillect has spent its marketing and promotional dollars in the most effective way possible for their product. They&rsquo;ve elected to target associations and organizations.<br /> <br /> <strong><span style="background-color:#ffff00;">Name one single thing their promotional funds (which have since depleted) did for shareholders.&nbsp;</span></strong><br /> <br /> 7.What&rsquo;s the significance of this? This is significant for one key reason &ndash; trust. Individual members of associations, such as doctors and lawyers, trust the regulatory bodies and associations that they are members of. These individuals are often highly regarded experts in their specific field of study. However, when it comes to internet security, they frequently know little on the topic. Rather they know that they need to keep their information secure for both themselves as well as their clients. In these instances, they turn to their associations for guidance on the matter.<br /> <br /> <strong><span style="background-color:#ffff00;">Want to focus on trust? Okay. Tell me how a CEO of a company can promise shareholders profitablity by 2018 and assure them they will not do another PP before so, while the cash continues to fade into the wind he goes and more than DOUBLES HIS SALARY&gt;??</span></strong><br /> <br /> 8.That&rsquo;s where Identillect&rsquo;s partnerships come in. As being the highly recommended security product by these associations, its an easy sale for the company &ndash; especially with the price points that they sell their products as. Let&rsquo;s look at some of the organizations and associations that Identillect has secured this preferred vendor status with.<br /> <br /> <strong><span style="background-color:#ffff00;">&quot;especially the price points they sell their products at&quot;. Well, you summed this one up all by yourself chap. At this rate, with the burning cash rate and recurring revenue slowly fading it will take 10 years+ to crawl out of that 9M+ debt hole.&nbsp;</span></strong><br /> &nbsp; <div style="margin-left: 40px;"> &nbsp;a. Several Bar Associations &ndash; Each association consisting of thousands of members within the specific profession of law. An industry highly focused on email security, this is an easy fit for the company. Although these associations have thousands of members, this does not include the team members that support such individuals that will also require the same degree of email security.<br /> <br /> <strong><span style="background-color:#ffff00;">Before you go on and vomit all over the screen, consider this point, which you failed to mention: regardless of how many persons work for each individuall assosiation these are not individual subscriptons folks, EACH bar is a SINGLE DISCOUNTED price. Of upto 40% I believe. <em>Keep trying though, you can decieve someone to recoup those losses, I am sure.&nbsp;</em></span></strong></div> <div style="margin-left: 80px;"> &nbsp;</div> <ul> <li style="margin-left: 80px;"> Members of Hampden County Bar Association</li> <li style="margin-left: 80px;"> Members of Virginia State Bar Association</li> <li style="margin-left: 80px;"> Members of West Virginia State Bar Association</li> <li style="margin-left: 80px;"> Members of Mississippi State Bar Association</li> <li style="margin-left: 80px;"> Members of Minnesota State Bar Association</li> <li style="margin-left: 80px;"> Members of Wyoming State Bar Association&nbsp;</li> <li style="margin-left: 80px;"> Members of Nebraska State Bar Association</li> <li style="margin-left: 80px;"> Members of California State Bar Association</li> <li style="margin-left: 80px;"> Members of Arkansas Bar Association</li> </ul> <div style="margin-left: 80px;"> &nbsp;</div> <ol style="list-style-type:lower-alpha;"> <li value="2"> Smile Savvy Inc &ndash; A leading internet marketing firm for pediatric dentists. The firm currently has roughly 1,500 clients across the US, as well as members in a total of six countries globally. Currently, they provide email services among other items for their clientele.</li> </ol> &nbsp;<br /> <ol style="list-style-type:lower-alpha;"> <li value="3"> Community Dental Partners &ndash; An association focused on providing guidance, technology, and resources to dentists across the United States.</li> </ol> &nbsp;<br /> <ol style="list-style-type:lower-alpha;"> <li value="4"> Community Support Network Inc &ndash; A not for profit focused on providing services to those with developmental disabilities.</li> </ol> &nbsp;<br /> <ol style="list-style-type:lower-alpha;"> <li value="5"> Clients of 4cIT - financial, medical, dental and real-estate communities</li> </ol> &nbsp;<br /> <ol style="list-style-type:lower-alpha;"> <li value="6"> Clients of DDS Dental Technology &ndash; Partnership</li> </ol> &nbsp;<br /> <ol style="list-style-type:lower-alpha;"> <li value="7"> Clients of COMPacific &ndash; Partnership</li> </ol> &nbsp;<br /> <ol style="list-style-type:lower-alpha;"> <li value="8"> Clients of Erickson Technologies &ndash; Partnership</li> </ol> &nbsp;<br /> <ol style="list-style-type:lower-roman;"> <li> Clients of SPHER Inc &ndash; Partnership</li> </ol> &nbsp;<br /> <ol style="list-style-type:lower-alpha;"> <li value="10"> Clients of Strategic Networks &ndash; Partnership</li> </ol> &nbsp;<br /> <ol style="list-style-type:lower-alpha;"> <li value="11"> Employees of Department of Public Health and Social Services (DPHSS) of Guam</li> </ol> &nbsp;<br /> &nbsp;<br /> Further to securing the preferred vendor status at these associations, it should be stated that all these agreements have occurred within the past few months. As such, it is expected that the revenues of Identillect should begin to ramp up shortly with the additional clientele gained from these initiatives.<br /> &nbsp;<br /> <ul> <li> QubeChain and Identillect&rsquo;s partnership</li> </ul> One beneficial relationship that Identillect Technologies has formed is with that of QubeChain LLC. The relationship with the blockchain developer began when the firm initiated Identillect for their email security services in early December 2017. Given QubeChain&rsquo;s intent to apply blockchain technologies across all industries, a natural partnership shortly emerged.&nbsp;<br /> <br /> <strong><span style="background-color:#ffff00;">oh, boy! How lucrative has that partnership been? Talk about spewing OLD NEWS. 2017?? Give me a break. (slurp it all up 2phat, we know you LOVE old news)</span></strong><br /> <br /> Within two weeks, it was announced that the two firms had come together to create a form of multi factor authentication. Utilizing blockchain infrastructure to establish the technology, the product will in the future be marketed alongside Identillect&rsquo;s current suite of security products as another means of enhancing user security. Multi factor authentication is a secondary form of verifying a user and creates an added layer of security to systems.<br /> <br /> <strong><span style="background-color:#ffff00;">yawn.</span></strong><br /> <br /> In addition to the MFA initiative being undertaken as a joint measure, QubeChain is also looking to further promote the benefits of Identillect&rsquo;s products. To do so, they have established themselves as a reseller of Delivery Trust, the flagship product suite created by Identillect. To this end, QubeChain is currently on-boarding over 100 sales personnel to sell the product.<br /> <br /> <strong><span style="background-color:#ffff00;">How does this help Identillect? .. Will they in turn earn immeasurable profit from anything Qubechain in associated with&gt;? or is this further speculation? MAYBE they can get a contract with them for a 60% discount bulk deal LOL.</span></strong><br /> <strong><span style="background-color:#ffff00;">Does it not trouble you to hang your hat on such dribble?.. Give the board more credibility, we won&#39;t accuse them of being sharp, but come on!</span></strong><br /> <br /> The primary target market will be that of medical professionals through QubeChain&rsquo;s medical division. Currently, the company has access to a large Accountable Care Organization. This ACO is made up of eleven groups, which each have a member count ranging from 50,000 to 240,000. In short, its a highly expansive network that currently holds massive potential.<br /> &nbsp;<br /> <ul> <li> Regulatory requirements are working in Identillect&rsquo;s favour</li> </ul> This last item will be of major benefit to Identillect. Regulatory requirements are being instated in May 2018 across the European Union that requires stronger encryption of consumer data. Known as the General Data Protection Regulations (GDPR for short), the intention is that individuals will have greater control over their personal data. Within the regulations is stiff fines for any company that is subject to a data breach that does not have encrypted information. Identillect Technologies December 14, 2017 news release outline the future potential for the company.<br /> <br /> This in turn is a perfect fit for data contained on a blockchain due to the inherent security of such a process. Combined with the encryption features that are currently embedded in Identillect&rsquo;s suite of products, it&rsquo;s a winning combination for the company.<br /> <br /> As a result of these regulations being implemented in a few short months it is expected that the demand for such products will skyrocket in the near term. Coupled with the fact that Identillect&rsquo;s products are sold on a recurring fee basis it makes for an excellent business case.<br /> <ul> <li> In addition to using blockchain, the company itself has a solid suite of product offerings. The several add on products available such as Secure Scan and ESign are easy margin enhancers that provide further profitability. Further to this, the fact that these products are available across numerous platforms is an added benefit that is not often seen in the field.</li> </ul> &nbsp;<br /> <ul> <li> Provided that significant sales are generated from the recent agreements put in place, Identillect may be well on its way to profitability. For a small cap stock, that&rsquo;s impressive.</li> </ul> &nbsp;<br /> <br />
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