Venzee Technologies Inc V.VENZ

Presentation

[summitking]

Has anyone taken a close look at the November presentation on the website?  On slide 10, the revenue graph was always related to MRR (monthly recurring revenue).  Now any verbage regarding MRR has been removed and the trailing quarter revenues are shown and what used to be MRR for future months is now simply shown as quarterly revenue. 

Perhaps this is just an error, however, the $195k MRR for YE 2021 and $850k MRR for YE 2022 now shows as quarterly revenue.  This is a drop in revenue targets by a full third.  A MASSIVE drop in projections.  Again, perhaps an error but would be a pretty sloppy mistake if that's all it is.

Anyone have any clarity on this?  Would completely change the story.

[Norm721]

HERE IS THE PAST AND FUTURE  PROJECTIONS:   Venzee recently reported that at Q121, it sold 650 Mesh Connectors and that after the promotional period has lapsed, and assuming 0% churn, it will generate future recurring revenues of ~$150,000 per month from these unit sales.  The Company’s goal is to first reach 2,080 Mesh Connectors sold in Q4 2021, followed by 13,000 sold Mesh

[Norm721]

IN THIRD QUARTER RESULT: Continued Mr. Abrams, "Our productive sales effort in the third quarter are generating results in Q4 that will help us achieve our revenue goal for the year of $195,000 MRR."

[summitking]

So Norm, you believe the current presentation is just an error on Venzee's part?

[Norm721]

on page 10      no revenu projection only   management  remuneration were do you see  november presentation

[Norm721]

OK I SENT AN E-MAIL  TO Annie Dysart Investor Relations Manager | Venzee  ABOUT THAT I LET TOU NO...

[Norm721]

MRR  answer from Annie Good morning Normand,   Like previous iterations of the deck, the KPI slide in Venzee's current deck continues to track MRR.    Please let me know if I can provide further clarification, as I am happy to answer any questions you may have.    Hope you're having a great week.   Regards, Annie Dysart