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Posted On: 08/27/2021 5:07:39 PM
Post# of 32973
It's at least 100,000+ according to the PR
"The initial release has already been deployed to over 100,000 UFOs throughout Asia, Europe and all of North America."
https://www.globenewswire.com/en/news-release...-Cust.html
The best part, cost is baked into their fees so they are paying for it. That is huge that they are and was in one of their blogs.
From what I also remember, Rory said this is a $1M opportunity. When I do the math of the numbers I know, it's $2M plus, but let's see how it all turns out
So some might wonder why Rory is vague on Q3, Q4, etc revenue
A few reason I can guess at
1. You have to rollout the product to recognize the revenue. You can't recognize it until you do and it takes time to roll it out to 100,000. They already have the app and now VerbLive is being added to it. Roll it out July 1, recognize 1/12 of the revenue Aug.
2. How much of Market America revenue actually hits Q3 vs Q4?
3. There are no guarantees. For example, if Market America went out of business tomorrow although highly unlikely for a company with $1B of revenue, people would be crying, Rory promised them this, that and the other thing. I like how he did this. "look at Q3, Q4 and next year"
4. At this stage, whether a public or private company, there is no way of telling how fast things will explode. Ask the inventor of crocs as a non tech example. When I first saw a relative wearing them, I was thinking, you are kidding? The interesting thing about Verb is, it's not a one trick pony and we already know sales are taking off. Well most of us here do. Everything they have has the potential to be larger than life.
"The initial release has already been deployed to over 100,000 UFOs throughout Asia, Europe and all of North America."
https://www.globenewswire.com/en/news-release...-Cust.html
The best part, cost is baked into their fees so they are paying for it. That is huge that they are and was in one of their blogs.
From what I also remember, Rory said this is a $1M opportunity. When I do the math of the numbers I know, it's $2M plus, but let's see how it all turns out
So some might wonder why Rory is vague on Q3, Q4, etc revenue
A few reason I can guess at
1. You have to rollout the product to recognize the revenue. You can't recognize it until you do and it takes time to roll it out to 100,000. They already have the app and now VerbLive is being added to it. Roll it out July 1, recognize 1/12 of the revenue Aug.
2. How much of Market America revenue actually hits Q3 vs Q4?
3. There are no guarantees. For example, if Market America went out of business tomorrow although highly unlikely for a company with $1B of revenue, people would be crying, Rory promised them this, that and the other thing. I like how he did this. "look at Q3, Q4 and next year"
4. At this stage, whether a public or private company, there is no way of telling how fast things will explode. Ask the inventor of crocs as a non tech example. When I first saw a relative wearing them, I was thinking, you are kidding? The interesting thing about Verb is, it's not a one trick pony and we already know sales are taking off. Well most of us here do. Everything they have has the potential to be larger than life.
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