Pounce Technologies Inc. V.POI.H

Slyce must generate more $$$ for its partners than it costs

[Leafs4Life]

The simple economic truth about Slyce's business model is that they must generate more revenue for their partners than they cost.  Otherwise it does not make economic sense to do business with Slyce.

This is why I am so interested in app download numbers and photos taken using the service. 

People on this board speculate that Slyce charges their commercial partners around $10k per month for use of visual search.  If those customers do not generate $10k +1 in revenue per month on visual search then it doesn't make sense to do business.  Businesses must see value or contracts might not be renewed. Customer attrition is death in a SaaS business. 

I wish management would give us some insight about how frequently the service is being used so we could get a better sense about the future of the business.

[lscfa]

WRONG. Once visual search is on an app like Home Depot (who is talking it up) competitors like Lowes and Rona have to match the features on their apps just to maintain their share. It is not about how much visual search costs the retailer, it is about what it costs the retailer to not have visual search!!!!

[freddie1]

This post has been removed in accordance with Community Policy

[NotFreddie]

I'm not Freddie but sadly I must agree. The principles are "sucking" the investors dry and lining their pockets. It is becoming everly clear......this is a chell game, with the "house" the only winner. They must of taken a page out Bernie Madxxf's book. 

[HagenvT]

If You are so sure about a criminal game of one of the top managers, why don't you write an open letter to the SEC and all the other people employed by the company, especially those who bought shares at much higher prices. They should have a certain interest in your theory, considering all your "hard facts". And I guess everybody here would like to know, what the reaction will be

[HagenvT]

By all due respect: your knowledge about the technology of object recognition is far behind the actual state of the art developements. And by the way: If You are so sure about a criminal game of one of the top managers, why don't you write an open letter to the SEC and all the other people employed by the company, especially those who bought shares at much higher prices. They should have