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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 Yeppers12on Dec 27, 2021 2:04pm
166 Views
Post# 34264068

RE:RE:This is it. Turning point for Venzee

RE:RE:This is it. Turning point for Venzee

What a load a hot garbage.  


If all the warrants are triggered, it changes the value of each share.  It puts cash on the balance sheet but it doesn't give the company any more economic goodwill. It dilutes current shareholders and makes each past share worth less!  Please understand this. Having a company trade at 100M market cap is unwarranted for a company only doing $3M annual recurring revenue. That's 33x sales. For a unprofitable microcap - completely unreasonable. 

To those that say "Think of the growth!"  Ughhhh. By the time they actually report it to the public after the audit, it'll be May. That's 5 months away.  There's a lot of downside between now and then.  

Again. I said when it hit 20 cents - that this company's share price will hit 6.5 cents and everyone was bashing me. Well it hit 6.5 cents.  Now everyone is jumping for joy and bidding this thing up and all I'm saying is there's a lot of time to pass between now and May. I'll call the bottom at 5 cents this time. 

Also, there's 364M share on a diluted basis.  That's a very sloppy capital structure.  I wouldn't be surprised if they cleaned it up and did a reverse split - I hope sooner rather than later.  Institutions won't invest in such a dilutive structure  


 

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