Some people have mentioned the idea of "sales at t
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Do they think this is some Apple Smartphone? A retail product?
First of all, QDX HealthID is already launched!
They launched when they put the website live.
OH, they say, how come they didn't publicize it?
Why didn't they put it in a PR and let everyone know?
I say, would that have increased the stock price? NO.
The company knows that it will most likely at this point take revenue
to move the stock price way up.
Additionally, as a Pink Sheet, non-SEC-reporting company they have
no legal obligation to live up to any shareholders misplaced ideas of business.
They don't have to announce any intermediate steps on the journey.
They did us the favor of telling us in great detail what their plans are.
We are waiting for the results of everything they have done to get to this point.
I guess people do not have any understanding of the blockchain business.
I have read a lot about it and would not call myself an expert.
If a company likes what you tell them about your product,
they ask for a POC, a proof of concept, which is a template for what the product will look like when it solves their need.
Blockchains can be very big. If it encapsulates a supply chain, for example, you go from the tropic forest to the grocery store shelves and all the steps in between.
Blockchain changes a company's recordkeeping from flat and archival to dynamic and ever-changing. The company has to move a lot of information, change a lot of people's jobs and generally morph from a caterpillar to a butterfly.
I'm guessing, but what I think comes after the accepted POC is Collaboration with a Capital C. QMC and its client work together intimately to make the transformation happen. All that takes time and trust.
The fact that there are no announcements yet means nothing. Its more important to do the work to final acceptance and implementation than sign a deal fast. The two companies would be forming a long term relationship. The longer it takes, IMO, the bigger the deal will be.
Revenue to the blockchain company is often SAAS generated. The use of the blockchain service on a monthly basis, the number of nodes, clients, users, etc., smart contracts, transactions, blah blah blah. The funny part is that often the charge is a fraction of a penny for each 'whatever' because there are millions of those happening in a live system. The company has not said how they will charge for their services.
So please don't go expecting "sales at the launch" like its a gimmicky product.