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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

Venzee Technologies Inc > Opportunities Aren't Revenue Producing Connections
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Post by suomynona on Apr 30, 2021 9:12am

Opportunities Aren't Revenue Producing Connections

Does slippin in the word "opportunities" sort of dodge the revenue producing "connections", or a lack thereof?
Comment by Yeppers12 on Apr 30, 2021 10:31am
I don't like how they didn't say how many active mesh connectors they have at the moment.  Just like you said, they said opportunities.  Also, they said in their presentation earlier this year that they had >40,000 opportunities with their current customers and now it's down to 5,000?   But wait for the 1st and 2nd quarters, they say... Still have a price target of ...more  
Comment by summitking on Apr 30, 2021 10:52pm
I wonder the exact same thing.  I'll see what I can dig up and report back.  
Comment by summitking on May 18, 2021 12:40pm
Had a bit of an update.  Active connections, meaning paid and connected, sound like they are well on track to meet year end targets.  There is some minor discounts, as discussed in YE MD&A, with larger clients to incentivize them to get on board but they expire after a few months.  Sounds like company is doing great.   MGMT has been putting out a lot of pressers, it ...more  
Comment by kcbirdie on May 18, 2021 6:57pm
Thanks for the update - that's great to hear! May I ask where you're receiving these updates? Are you in dialogue with management, or otherwise connected to the company? Either way, appreciate the insight! 
Comment by Goldenpanuco on May 18, 2021 10:14pm
thanks for the update SK, Let er Rip!!!
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