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ZoomAway Technologies Inc V.ZMA

Alternate Symbol(s):  ZMWYF

ZoomAway Technologies Inc. is an online travel company. The Company is engaged in providing business and leisure travelers with tools and information to research, plan, book, and experience travel and destination services. The Company has one reportable segment, which consists of tourism and tour marketing specifically focused on the United States. ZoomedOUT is the Company’s flagship product with real-world hospitality features for businesses. ZoomedOUT also enables businesses to reach out to users and showcase what hospitality offerings they have, such as rooms, food, and activities. The Company provides access to three-dimensional (3D) buildings, roads, landmarks, cafes, and parks to build ZoomedOut. ZoomedOut provides a range of utility features, such as finding things to do, quests, advertisements, and game upgrades. ZoomedOut can filter the city to show it in a new way as it relates to the user’s search and interests, at an additional charge to the business.


TSXV:ZMA - Post by User

Post by Justforfun10on Oct 18, 2019 1:09pm
317 Views
Post# 30244498

REVENUES

REVENUESThe share price will languish until the company begins reporting revenues. Regardless of the results they should report the sales numbers. The reveal that Google Maps Platform was the tech "relationship" had no positive impact on the valuation of the company. How long can they stay afloat without significant revenue or raising of adequate capital? Perhaps the company needs to partner or sell to another entity with deep pockets to move their products forward before they become illiquid. Is it just a matter of time, marketing, exposure and adoption or are their products not desired.
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