Thursday, March 24, 2016 3:55:11 PM
Don't have any reason to believe it is different from numerous other "deals" announced over the past seven years. Where are the customer and revenues? Remember ATT....etc. Cytta's primary business seems to be issuing press releases and 8Ks.
From Oracle's perspective, a deal with Cytta means Oracle might believe that the so-called Cytta "platform" will enable Oracle to capture new revenue by being bundled into the Cytta platform in effect turning Cytta into a sales channel - could be good for Oracle from either a SAAS or a small-medium license perspective provided Cytta brings real customers and revenues into their platform at a scale to be interesting. BUT, I can't see Cytta ever developing the scale that this is of any benefit to Oracle or Cytta but who knows it might happen
From Cytta's perspective, including Oracle increases their cost of delivery at the very least by going to a proprietary product; Oracle has a certain cachet a la ATT in offering credibility, but that is only useful if you have customer and sufficient demand (Cytta sales).
The issue of who supports what does not appear to be addressed but it too is a factor.
Net..... much to do about nothing. Look for real customers and revenues somewhere in the future or the history.....if you can't do after 7 years with all the "talented" advisors, director, officers etc. when can you do it?
Recent CYCA News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/19/2024 08:02:37 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/15/2024 04:15:37 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:48:35 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/16/2024 10:05:30 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 01/12/2024 09:30:53 PM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM