Pounce Technologies Inc. V.POI.H

Mail from Roy Roman

[titanicleser]

Slyce Inc. (TSX VENTURE:SLC) (“Slyce”) today announced the signing of its 12th customer contract inside of one year of commercialization. The company will now power visual search for mobile commerce for Urban Outfitters.

Urban Outfitters is one of today's hottest fashion brands. It was founded in 1970, and now has more than 230 stores in the United States, Canada and Europe, and over 400 stores worldwide. The company operates as a division of Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle specialty retail company that comprises the Anthropologie, Bhldn, Free People, and Terrain brands. The companies market cap is $3.84 B and they did $3.43 B in revenue (trailing twelve months).

The core customer base of Urban Outfitters is 18 to 28-year-olds, a demographic that will bring significantly more users to Slyce's technology. 

Slyce will derive revenues from the contract through monthly recurring software licensing and service fees, in line with its current pricing model, over the term of the contract.

[fredski]

One has to wonder how many of these High Quality clients does a startup has to sign to be recognized?

[kijiji]

the market is underwhelmed.....

[HagenvT]

THE MARKET is a stupid herd of cows or if you like this better, a swarm, following (as pray) the strategies of computer algorithms and AI (artificial intelligence) systems of the  professional investment companies, who want your money ... and get it. These algorithms set up the traps (patterns) that make people buy and sell ... and loose money. Guess, who wins money ? investing in Slyce