I watched that video a while back. What I liked is
Post# of 32639
"NewAge Share App will serve up to 600,000 independent distributors in 75 countries"
So what is Verb charging for the app?
Even if it was a buck a year, that would be $600K, but who knows what they are charging.
verbLIVE is extra though...
$9.95 per month
Even if this was Aussie dollars that would be $7.40/mo.
If verb only got 1% penetration, that would be over $500K a year
10% penetration would be over $5M and that is potential from just one customer
Now throw in attribution. If I can have someone else do the selling for me for $10/mo, where do I sign up?
Let's say 1/2 of the NewAge distributors figure that nuance out
$50M. The numbers can pretty ridiculous fast
red, that is a pretty bold number
"Bold I'm Fine With. I Thought You Were Gonna Say Nuts."
Will verb make $500K, $5M, $50M from NewAge? No one knows. It hasn't happened yet. Well at least us investors don't know, but ain't that the fun of investing is something other than savings bonds?
There are a bunch of NewAge videos out there. Seems distributors are excited about having the opportunity to go LIVE.