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Bullboard - Stock Discussion Forum Venzee Technologies Inc V.VENZ

Alternate Symbol(s):  VENZF

Venzee Technologies Inc. (Venzee) operates as an artificial intelligence platform for the transfer of product data between brands and retailers. The Company develops and markets a cloud-based platform that is used by various suppliers and manufacturers from a range of industries to share their product information and inventory updates, in real-time, with their retailers. The Venzee platform... see more

TSXV:VENZ - Post Discussion

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Post by ninetiesgolfer on Oct 07, 2020 3:00pm

Update

I spoke to Caleb at Kin Communications (VENZEE's Investor relations outfit) yesterday and he said they are still transitioning to the new revenue model. He mentioned a connection with Home Depot that sounds promising. He expects the company to be taken over by a competitor needing VENZEE's technology somewhere down the road. I was encouraged so bought more today.

BTW, he said to call him anytime for updates.
Comment by ninetiesgolfer on Oct 07, 2020 3:02pm
Caleb also indicated revenue generation is already underway and will be evident in upcoming earnings releases.
Comment by Cgbuddy on Oct 08, 2020 1:48pm
they keep there revenu calcul occult ... we was supposed to be break even or in + this year... I dont think it will happens
Comment by smallcapguy7 on Oct 13, 2020 12:08pm
my guess based on costs in last FS is that they would need to get to 500 revenue producing channels in order to break even.  Im with you, I dont see it happening for 2020
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