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Neither the CEO nor CTO for $WRAP are currently ta

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Post# of 18400
Posted On: 09/24/2012 6:56:43 PM
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Posted By: mrchipper
Re: PhotoChick #699
Neither the CEO nor CTO for $WRAP are currently taking any salary. Running operating costs are thus low at about $10-15K/month. The future revenue growth will come as a result of growth in free users where we can sell and display 3rd party advertising and in licensing fees from PRO+ and Enterprise solutions. Obtaining new funding is crucial to obtain for this expansion. WRAPmail has client number 6,000 sign up very recently. Considering we had about 1,000 sign ups from 2006 through 2010 we are excited to have seen this number grow 6-fold in about 18 months.







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