Bullboard - Stock Discussion Forum Rewardstream Solutions Inc RWWDF

Technology

Balsam Technologies Corp specializes in marketing programs to acquire, engage, optimize, and retain customers and sales channels. The company is a provider of software as a Service marketing technology to marketing programs, referral programs and source code licensing programs. The company has three segments namely Loyalty, Referral, and Source Code. The Referrals segment is comprised of Custom... see more

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Rewardstream Solutions Inc > Virtus covering

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Post by paultron031 on Jun 06, 2017 9:20pm

Virtus covering

Virtus just started spreading the stock around their "customer", I like the other companies for which Virtus are also doing IR (Example: Symbility (SY.V) and Acuity Ads. (AT.V)).

There is part where they say: an attractive valuation at only 1X 2018 forward sales... So it means that their plan is to reach 1M of revenue per quartier (2.5X the current revenue), let see if they can reach that...

This is the part of their last newslater that concern RewardStream
RewardStream (TSXV:REW)

This month we would like to introduce our newest client: RewardStream, a SaaS company operating in the fast growing referral marketing industry.
Reward has developed a proprietary software that enables loyal and existing customers to refer a product or service (e.g. Telecom carrier) to friends and earn rewards for both themselves and the incoming customer.
The company is already off to a fast start with customers - Reward has already built a strong presence with large brand names including: Telus, Rogers, Koodo Mobile and a number of leading credit unions.
We find this opportunity attractive for a number of the reasons, not the least of which is an attractive valuation at only 1X 2018 forward sales.
In addition to the valuation, Reward is in the process of building out their channel distribution partners that could see their referral marketing software being scaled up quickly.
In the month of May Reward announced a new partnership with Florida-based GreenProfit Solutions. GreenProfit Solutions is a leading marketing agency servicing over 50 credit unions throughout the United States. This partnership represents RewardStreams first channel and we expect more exciting announcements like this one throughout the year.
With an attractive entry point for new investors and the upside of additional channel partners to sell their solution through, we think Reward is worth a look for our readers.

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