Venzee Technologies Inc V.VENZ

Alternate Symbol(s): VENZF

Technology Software - Application

Venzee Technologies Inc. (Venzee) operates as an artificial intelligence platform for the transfer of product data between brands and retailers. The Company develops and markets a cloud-based platform that is used by various suppliers and manufacturers from a range of industries to share their product information and inventory updates, in real-time, with their retailers. The Venzee platform allows for transfer of data to a range of retail channels. The Company allows customers to select any number of retail channels from its site to start using Venzee's Mesh Connector platform. It integrates with any content management provider. Venzee offers syndication capabilities that provide enhanced data governance, master data management abilities, and content organization. Venzee's subsidiaries include Venzee Inc. and Venzee Technologies Canada Inc.

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Venzee Technologies Inc > the sp drop the 2020 financial must be near

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Comment by Yeppers12on Apr 14, 2021 7:14am

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Post# 32991055

RE:RE:the sp drop the 2020 financial must be near

I'll start adding when it hits 0.09 and under.
Giving a company a multiple of 11-15x sales now doesn't allow for any multiple expansion in the future.

Market Cap is: 296k x $.14 = $41.1M
Sales are: ~900 mesh connectors (generous) x $250US x 1.25 exchange x 12months = $3.375M

Price/Sales: 41.1M / 3.375M = 12x

This company doesn't make money yet, yet people are applying proven-business multiples to this non-proven business. They also have a very narrow customer base which brings another layer of risk.

I've bought a little position now, but I'm going to wait to see if the shares pull back to 0.07 - 0.09, where the sales multiple would be 5-8x sales.

I'll readjust my target if more mesh connectors are announced.

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