Venzee Technologies Inc V.VENZ

Revenue run rate on 650 mess connections $ 2 million/yr

[Hiddensecrets]

The year 2021 is a transition year and you cannot fully appreciate the revenue that is being generate because there is a 6 month process where a client is boarded and, then billing begins at $ 250 per month.  There is also the issue of initial discounts.

So if we look into year 2022 and, allow 2021 to be a transition year, we are on target to generate recurring revenue of $ 8 million per year, based on projected mesh connections of 2,700 by end of 2021.

Right now we have 650 mesh connections that will generate $ 2 million per year, recurring revenue, once discounts and 6 month period has passed. 

If we assume a total of 10,000 connections in 2022, it means $ 30 million in revenue and POSITIVE CASH FLOW and earnings per share. 

We are at the beginning of a huge ramp up in revenue numbers. 

Most investors do not read therefore they will only see financials and not understand.   That gives us shareholders who do read and are well informed a chance to load up CHEAPLY.

mpo

[Yeppers12]

You could almost say that management felt it wouldn't hit guidance so they changed the goal posts. They also changed pricing - lower. So if you look at previous guidance it was 7.5M in ARR and now it's 2M for yearend 2021. Hmmmmm.  I wonder what should happen to the share price. Should it go up or down with bad news? Price target: 5.5 cents.

[Hiddensecrets]

Did you ever watch the movie of Oz where the lion says, "I wish I had a brain" ====================================================================================== You are obviously a fool who cannot read a press release.  They charge $ 250 per mess connector, they hit 650 mesh connections in Q1.    At this pace they will hit 2,700 mesh connections by end of 2021

[Yeppers12]

A growth story with lower growth because of the reduced pricing and the 6 month lag to onboarding clients.   I like how I've stuck to the issues of the company.  Whereas, you've pivoted to attack me personally. I guess if there's nothing to support your side of the argument, that's the only leg left to stand on.  I'll continue though with another issue.  

[Hiddensecrets]

Your arguments are full of baloney  It is a childs reasoning, to "what happens if the client does not renew after 6 months?" Let me help you with more childish responses: - what happens if the sun stops shinning in 6 months - what happens if an asteriod hits us in 6 months - what happens if aliens take over the planet in  6 months - what happens if the illuminati take