An AWESOME post from someone from another board th
Post# of 5115
Posted On: 09/18/2013 4:13:47 PM
An AWESOME post from someone from another board that is spot on:
Sideliners ALREADY had the opportunity to buy in the .01 area and under a penny for the short amount of time it was under a penny.
New eyes and sideliners want to see audited financials combined with a NICE PR with a location or two of where they can take advantage of the CYBK business . I for one will go and use CYBK when I know where a location is.
Per the last PR some locations are still in training and obviously those locations will not publicize something until training is complete. OBVIOUSLY obvious to those with a grade school level business degree. LOL!
PR:
Partnership Agreement with Empasys and PreWay:
In January 2013, Cyber Kiosk along with Empasys, a leading full service software provider, and PreWay, a pre-paid provider of top-up wireless services and complimentary products, joined together to bring an upgrade to their old Point-Of-Sale (POS) systems within their combined 20,000 merchant locations nationwide. The Companies have developed a web-based portal that was launched in approximately 4,000 merchant locations as of July 2013. The web-based portal allows for greater ease of transactions and provides merchants with a greater compilation of products and services. Owners and employees of recently launched locations are either finished or currently training on this new system.
The partnership expects to earn residual revenues and transaction fees from the utilization of the web-based portal in Q3 2013 , of which Cyber Kiosk will retain a portion of these revenues. Plans to evaluate locations' profitability will be done quarterly. The results will then determine if merchants are due the next upgrade, being a tablet or a free-standing Cyber-Thingy[TM] kiosk.
P.S. Web based means there are not 4000 CYBK kiosks launched this year. Kiosks are reserved for locations THAT ATTAIN a certain quarterly profitability per the PR.
New eyes and sideliners want to see audited financials combined with a NICE PR with a location or two of where they can take advantage of the CYBK business . I for one will go and use CYBK when I know where a location is.
Per the last PR some locations are still in training and obviously those locations will not publicize something until training is complete. OBVIOUSLY obvious to those with a grade school level business degree. LOL!
PR:
Partnership Agreement with Empasys and PreWay:
In January 2013, Cyber Kiosk along with Empasys, a leading full service software provider, and PreWay, a pre-paid provider of top-up wireless services and complimentary products, joined together to bring an upgrade to their old Point-Of-Sale (POS) systems within their combined 20,000 merchant locations nationwide. The Companies have developed a web-based portal that was launched in approximately 4,000 merchant locations as of July 2013. The web-based portal allows for greater ease of transactions and provides merchants with a greater compilation of products and services. Owners and employees of recently launched locations are either finished or currently training on this new system.
The partnership expects to earn residual revenues and transaction fees from the utilization of the web-based portal in Q3 2013 , of which Cyber Kiosk will retain a portion of these revenues. Plans to evaluate locations' profitability will be done quarterly. The results will then determine if merchants are due the next upgrade, being a tablet or a free-standing Cyber-Thingy[TM] kiosk.
P.S. Web based means there are not 4000 CYBK kiosks launched this year. Kiosks are reserved for locations THAT ATTAIN a certain quarterly profitability per the PR.
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Disclaimer: My opinion is based on extensive DD of a companies business plan and management. I am not a financial advisor nor a stock promoter. I am an investor. Please Do your own DD and make your own investment decisions based on you only and noone else.
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