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Bullboard - Stock Discussion Forum Data Deposit Box Inc DDBXF

Data Deposit Box Inc develops and operates off-site computer data storage facilities and other business computer applications for commercial business customers in Canada. It offers continuous cloud backup; mobile backup; and email archiving services.

OTCPK:DDBXF - Post Discussion

Data Deposit Box Inc > DDB vs LTV
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Post by Sundowners on Feb 06, 2018 12:48pm

DDB vs LTV

According to their web site they have 200 000 customers. With say $3 mill turnover for 2018, that means an average tiny revenue of $15/customer.
 
Compare that to LTV, which is projecting $1 million gross revenue per customer, though they have zero customers right now but POCs in progress which of course may come to nought as well..
 
Just interested in learning from anyone who own both these companies as to their take on this...
Comment by ghostface on Feb 06, 2018 1:37pm
A bird in hand is better than 2 in the bush.
Comment by Sundowners on Feb 06, 2018 1:57pm
not so sure about that...nothing wrong with 2 birds in the bush!
Comment by ScarletSpider on Feb 06, 2018 5:52pm
I had a handful of shares in ltv and bought in when it was around .57 but i sold them for the reason that you have sort of stated which isn't quite true either--0 customers--no you need to go back and read their press releases they were having their product test among several clients but were not seeming to release much follow through. Their internet 3.0 is the platform they call it as to my ...more  
Comment by ScarletSpider on Feb 07, 2018 8:06am
there is one other thing about ddb that was factually wrong about what the poster who asked this question and i was about to mention it but forgot. Ddb's is a monthly service subscription which is $25/month so for the poster to calculate at $15 a person is entirely wrong. it would actually be $360 a person when calculated for the year. I thought to point this fact out. Now if you look at the ...more  
Comment by acer5500 on Feb 07, 2018 12:41pm
how abot blockchain tech. why not use that?
Comment by ScarletSpider on Feb 07, 2018 2:25pm
If you even see the January 8th heading to the news release without even reading further you will see it say "blockchain" hybrid so this company is. Quite honestly, every company will have to become blockchain as the cryptocurrency as much as i didn't like the way they emerged, don't find them particularly useful or beneficial etc. is here to stay and to that extent if companies ...more