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22 Feb 2021, 08:30
American Aires Launch a Recurring Revenue Subscription Model for Product Sales
Toronto, Ontario--(Newsfile Corp. - February 22, 2021) - American Aires Inc. (CSE: WIFI) (the "Company" or "Aires"), is excited to launch an additional purchasing option for customers through the implementation of a multi-year subscription plan for Aires products. The subscription option will be available to customers beginning in March. This new subscription plan is a way to generate a worry-free, predictable revenue stream for Aires and, most importantly, is a way of building strong relationships with customers.
This new business model is based on the idea of selling Aires products using a monthly or yearly recurring subscription payment. In essence, subscription business models focus on creating recurring revenue for the Company, as a single customer pays multiple payments over a longer period of time for prolonged access to a good or service.
The key features of this Subscription model are:
Improved sale conversion rates by reducing barrier to entry with a lower initial price point
Provide a higher level of customer service through improved convenience
Recurring billing offers predictable revenue
Subscription billing increases return on customer acquisition costs
Earn more revenue per customer through up-selling and cross-selling
Improve the customer lifetime value and customer retention
Reduce the return rate caused by buyer's regret
Easy to implement
After significantly increasing revenue and sales in 2020 Aires intends to build upon that momentum by pairing this new subscription sales program with the Company's latest marketing initiatives to create large-scale sales growth. The profitability of this kind of subscription program is highly scalable and will provide Aires with a more predictable revenue stream going forward.
Aires' CEO, Dimitry Serov, commented, "By providing this new subscription option for the purchase of our products we are making it even easier for potential customers to do business with us, while at the same time, increasing the potential value of each individual customer. This new model is also highly scalable and will provide the Company with a predictable, recurring revenue stream that does not require any additional recurring costs to maintain. We are very excited about offering this solution to our customers and feel it comes at the perfect time as we begin to put significant effort into marketing our products worldwide."
Agreed. This is an awesome sleeper. This could see $1+ easily. Thanks for setting up a board
Lol and a T-Trade kicker ha ha
Or sub $.01,
My guess has a 1 in it;
$.01
Let’s see who is right
Real low
Set your bid low.
Many of these shares are issued for $.01 to $.02
-1,291,868 shares for conversion of debt of $125,603
-9,350,000 shares valued at $223,445 for services
-4,500,000 shares to related parties valued at $59,981 for services
-2,206,619 shares to a related party for settlement of debt of $110,331
And then add another approx 12m shares in conversions since Q was filed
But excl the Wandi shares, they still increased shares count by 10’s of millions of shares.
The share count is approx 100m, less 60m for Wandi, is still 10’s of millions more shares than just there in May
The previous 52 week low was based on considerably less shares, so that must be factored. Which means this could easily hit sub penny.
Unless it keeps going down further, right Maent?
There’s nothing for it to change direction though. Nothing
$.034 Bid Maent
It sure seems that way, and looks like market agrees seeing how this is now in the $.03’s and heading even lower.
$.037
Pretty sure Maent has mailed this in
500k shares available under $.04 now
Lots and lots for Maent to Average down with lol
Looks like Maent has sold and moved on. Couldn’t take it anymore.
Good luck in your next investment loss
It’s coming Maent, $.03’s are coming, did you sell yet?
Getting the popcorn ready for 3’s today
Maent, did you sell at 5?
Hey Maent, did you sell? I recall your bottom was $.05 and it’s way lower and probably going even lower in the coming weeks
Share count went from 5 million to 45 million (excl Wandi shares) in 5 mths
What did 40 million shares get RSSV. “Services”, less debt, and conversions (who made a killing)
This has now moved into toxic category
Good luck Maent lol
There are 2, and only 2 events that will move this stock;
1) News. Any news which confirms the CLOSING of Acquisitions already announced. Or something totally unexpected.
2) a poster with significant followers announces a BUY
There’s no order to how the above will occur. Each is independent. But both must occur, and without both this will continue to decline even possibly hitting a new low. Yes, Maent, new lower lows
Any flyby soft bashes by anyone, regardless how outlandish and/or annoying, is meaningless
I will wait for these events to occur. Until then I will watch from afar and laugh my ass off
More please
Broader markets were yucky, I’m sure it’s at least part of it
I picked up some of the $.054’s
Please make it higher, maybe $.057, nothing could make me happier this along weekend.
“You want the truth? You can’t handle the truth!”
I posted this earlier, it is show the pending Acq aren’t imperative to get us back to at very least book value.
You ever notice the MCAP is less than than Net Assets?
MCAP = $.06 per share (as trading)
Net Assets = $.071 per share (based on 95m shares)
Excluding Restricted shares THOUGH = $.191 per share (based on less; 60m restricted shares which would be returned if no Coal Acq)
It’s like he’s the only one who’s down
It’s like a manifest destiny.
His posts hurt him, help those wanting lower shares
He obviously is in way over head.
If he does dump, it will undoubtedly recover (at least in part) as in reality there has been very few sellers
It’s your money ?? lol ??
Or possibly (cough cough cough) trips
Maybe even $.03 lol
Bring it please
Good luck
Would you mind guaranteeing!