Only six months ago Mr. Berman was quoted saying "
Post# of 40989
(Total Views: 252)
Posted On: 12/05/2017 1:23:47 PM
Only six months ago Mr. Berman was quoted saying "it takes approximately 6 months for full vendor implementation (for the bSafeMobile product). We have extrapolated attaining an average $7K in recurring monthly revenue per vendor.
Fast forward six months and recurring monthly revenue on some of these newer contracts have figured $100K in recurring revenue.
The units seem to be in short supply as no one appears to have any to sell. Frankly I just hope the company can get it's initial stocking orders out to all it's customers. Follow up orders are not guaranteed unless customers have units in hand, know what they are selling, and are able to sell them.
I'll bet there is a huge production bottleneck out there that needs to be resolved quickly.
Fast forward six months and recurring monthly revenue on some of these newer contracts have figured $100K in recurring revenue.
The units seem to be in short supply as no one appears to have any to sell. Frankly I just hope the company can get it's initial stocking orders out to all it's customers. Follow up orders are not guaranteed unless customers have units in hand, know what they are selling, and are able to sell them.
I'll bet there is a huge production bottleneck out there that needs to be resolved quickly.
(0)
(0)On4 Communications (ONCI) Stock Research Links
Scroll down for more posts ▼