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Remember this lying press release and tweet? Se

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Post# of 13654
(Total Views: 141)
Posted On: 06/06/2023 2:17:33 PM
Posted By: ThreeEmInEn
Remember this lying press release and tweet?

September 2019 tweet
https://investorshub.advfn.com/uimage/uploads...33A54.jpeg

Due diligence from other bus shelter companies prove that $2500 per month per shelter (out of 800 shelters) was absolute bullsh#t. Can't wait for the company to explain what 1 bus shelter was contracted anywhere close to $2,500 per month.

To give you an idea what kind of revenue can be generated from one location (Tallahassee, FL.) that we currently manage advertising space on more than 1000 bus shelters and benches . This projects is expected to realize revenue exceeding $6.3 million per year. The agreement is for 10 years. That is only in (Tallahassee, FL.) Now we are in NJ, RI, NJ, NY, CA , AL, GA, SC, WV, MD.

As much lying a company can do in a single paragraph and tweet. IMO, this is borderline fraudulent. Can't wait for the company to answer what bus shelters and bus benches it was managing in NY, CA , AL, GA, SC, WV, MD. Weird how those locations never hit the subsidiary's website and still don't exist today.

September 2019 press release
https://billboardinsider.com/street-smart-out...-contract/

Quote:
With nearly 500 shelters combined with 500 additional benches the company is expected to realize revenue exceeding $6.3 million per year. The agreement is for 10 years.



Fast forward 4 years...averaged 6k per month last 6 months (500 bus benches/few dozen bus shelters) and lost the Ri transit a year ago. Of course Covid is the blame for 2019, 2022 and the last 6 months. lol

in my opinion

cheers




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