Tuesday, May 27, 2014 5:32:59 PM
-Our ownership in RBIZ started at about 94% and as people decide the want to covert from Nxoi to realbiz it reduces our ownership share in rbiz. As of today he said we our ownership part of Rbiz is about 60%.
-they are putting out 2 apps, a consumer one and a agent one. The consumer app (android) is summited to goggle and should be out in 7 to 10 days. The second app (agent app) will be beta testing the next 3 weeks and probably 60 to 90 days from being on the market. He said its a lot more complicated than the consumer app but its the one that will create the mobile office in the field for the agents.
-They will release an update on the numbers, how many agents are using the system and what to expect on the revenue side in the next 10 to 15 days.
-He said NXOI should be profitable by the end of the. I know that could mean a number of things but I ran out of time and had to get ready for work. I didn't get all the answers I wanted but this was a start. He also said they have been focused and working on rbiz the last several months and haven't been doing much with NXOI. He said over the next 30 to 60 days the will be some press releases about NXOI and they are going to refocus on building NXOI platforms and the business.
-hope this answers a few questions that you all may have.
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