VSBLTY Groupe Technologies Corp C.VSBY

Has this company ever delivered on anything tangible?

[dudu18]

I am trying to do my DD on VSBY. Looking back over the last 2 years, it seems like some major partnerships and projects were announced. Energetika being one.. It was supposed to drive $10 Mill in revenues over 3 years. Almost 2 years in, I can't figure out if any revenue was recognized here.
 

Also on the Mexico city installation.. How can a security system be deployed in a city with no revenue showing up in financials?
 

What am I missing?

[Youhillman]

The AB InBev / Modela was announced last month with significant revenue being generated over the term of the deal. I will post below the key parts of the news release from last month. It's a monster deal! VSBY has a number of pilots on the go right now, at some point the vendor will realize the value VSBY brings to the table and sign a contract, you could see 1-2 deals announced in the

[dudu18]

Thanks for sharing this Youhillman I am trying to figure out if these partnership announcements actually translate to trangible metrics.. The Energetika announcement in September 2019 was similar, alebit on a smaller scale..."In making the announcement, Hutton said, “We are pleased to formalize a long-term contract with Energetika. We will be providing advanced analytics as well as public

[dudu18]

@Youhillman I just spent some time listening to Jay present at the Emerging growth conference. Pretty impressive lines of business, and some very impressive partnerships.   One of the questions that was asked was about 2020 revenues. I went looking for the corporate presentation from March 2020 and Jay had forecasted the following revenue for 2020: a) Sensormatic - $4 M to $6 M b) $17

[Youhillman]

hey dudu18, happy to hear you are following this great company now. Jay spoke yesterday about 2020 and the obstacles it presented VSBY as the amount of retail traffic was down substantially so it affected their business model and forecasts. We should hear any day now results for 2020 and Q1 2021. To me what's most important is that Jay stated that 2021 revenue should be $5-7 Million with

[dudu18]

@Youhillman. Thank you for being so kind and generous with your time. And thank you in advance for your patience as I go through my due diligence. As you say, VSBLTY seems like a great investment. But the numbers on the presentation and the forecast that Jay presentend seem to be disconnected from each other. I believe he had shared the revenue forecast from the corp presentation from a few