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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 MACNACon May 03, 2022 8:52am
149 Views
Post# 34650471

RE:RE:RE:$71K annual Revenue?

RE:RE:RE:$71K annual Revenue? And to further demonstrate how the information provided could mislead investors, this is what was posted with the 3rd quater results on Nov 22. It clearly states that 4th quarter revenue will meet their goal of $195,000 in the 4th quarter which is exactly what they then said they achieved. All of these notes are straight form their investors page....

"Manual processes continue to challenge the Consumer Retail Supply Chain globally. As a result, our AI platform continued to see traction in the quarter with large brands validating our unique technical approach and are moving forward with sales contract development," said Venzee CEO John Abrams.

Continued Mr. Abrams, "Our productive sales effort in the third quarter are generating results in Q4 that will help us achieve our revenue goal for the year of $195,000 MRR."


 

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