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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 > sales target
View:
Post by Norm721 on May 03, 2022 9:01am

sales target

2022 target is still over 13000 connections
Comment by MinerCPA on May 03, 2022 9:51am
At $250 per connection per month that equals $3,250,000 in monthly revenue. Tell me if this is the correct way to view this target number.
Comment by SpauldingSmails on May 03, 2022 10:08am
Is Catharine Mckenna on the VENZ BOD? WHERE IS THE MONEY GOING?
Comment by Lllennn on May 03, 2022 10:26am
You people are way out on rev, how you all get it so wrong?
Comment by MACNAC on May 03, 2022 10:57am
Is it possible to get the calculations then of how the revenue would work? John stated they are at $195,000 in Q4 per month.  If the target is 13500 mesh connectors at 250CAD monthly per mesh connector. Would that not simply be 13500 times 250= $3,375,000? If you can explain the Revenue better it would be a massive help rather than us making assumptions and then getting what is seen as a ...more  
Comment by summitking on May 03, 2022 11:25am
Hey Mac, as stated in the press release from March 30, none of these connections actually happened.  Hey missed on everything, it's all a sham and fraudulent.  In fact, there wasn't even mention of it in the Q4 release yesterday.  This is why the stock is going to zero.  You're not missing anything at all. 
Comment by Lllennn on May 03, 2022 12:33pm
I think the statement was forward looking, if things happened but it was up in the air, first traunch was at ..08, I don't see how it gets back to that in near term, they had to sell at .02 which is going to add up to millions of shares, and out 3.6 million plus rev not enough to sustain the COB imo
Comment by summitking on May 03, 2022 3:47pm
Perhaps I'm missing something but it seems the company has taken down everything and anything to do with their previous sales targets from the website and corporate presentation.  Unless I'm looking in the wrong place it seems they have abandoned everything to do with forward guidance.  It's wild how quickly this company has unravelled.
Comment by Lllennn on May 03, 2022 8:18pm
I don't think it's unraveling is just going out of the seed phase and will firm with real growth of clients and MRR numbers, it's better this way instead of hypotheticals use just to get it going, if it goes to .02 then just load up imo
Comment by MinerCPA on May 04, 2022 9:25am
During May 3rd.'s online meeting John said they are not releasing forward looking data for awhile. Thety will be focused on revenue growth.
Comment by Norm721 on May 04, 2022 1:31pm
You didn't look in the right place   go to :corporate presentation  
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