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
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Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
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