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Venzee Technologies Inc V.VENZ

Alternate Symbol(s):  VENZF

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.


TSXV:VENZ - Post by User

Comment by Hiddensecretson Jun 03, 2021 8:50am
155 Views
Post# 33317672

RE:RE:Revenue run rate on 650 mess connections $ 2 million/yr

RE:RE:Revenue run rate on 650 mess connections $ 2 million/yrDid you ever watch the movie of Oz where the lion says,

"I wish I had a brain"

======================================================================================

You are obviously a fool who cannot read a press release. 

They charge $ 250 per mess connector, they hit 650 mesh connections in Q1.    At this pace they will hit 2,700 mesh connections by end of 2021 which translated into recurring revenue of $ 8 million per year.

Year 2021 is a transition year with 6 month boarding lag and discounts, therefore we will see real revenue numbers in 2022 when we are past this period, that means in about 7 months time.

And we are to hit 10,000 mesh connections in 2022.

It is a GROWTH STORY.

So move your decimal forward to 55 cents from 5.5 cents

Oh....how I wish I had a brain....

mpo
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