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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 summitkingon Oct 08, 2021 1:11am
157 Views
Post# 33987328

RE:RE:we are near the private placement scam be rdy

RE:RE:we are near the private placement scam be rdyWorth pointing out at end of Q2 the company had $1.5M of cash in hand.  They were spending more than $300k/month while generating less than $5k/month in revenue.  They are four months past that so have spent roughly $1.2M meaning they have $300k left for Nov then are bankrupt.  A financing is not a scam.  If a financing or some other alt financing happens it would be an absolute win for everyone.  You should be cheering on any sort of capital influx. 
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