WRFX 0003 app to fight cyberbullying
Would you pay $5 a month to find out if your kid was being bullied at school or online?
WRFX Swantry app is expected to charge $4.95 per month for basic membership, and $7.95 for their premium service. If you add in the thousands, if not hundred of thousands of parents who would surely want to know if their son or daughter was being made a target of bullying the potential to generate anywhere from $500,000 to $1 million+ per month, or potentially $10 to $20 million in revenues per year could become a real possibility.
At just 150,000 parents subscribing to this service WRFX could generate $750,000 per month on their basic membership, which would equate to nearly $10 million in annual revenues.
Swantry will target insurance companies to help empower school administrators with Swantry monitoring technology to help them stay ahead of risk, and potential lawsuit litigation some of these cases may produce. For the insurance companies a technology such as Swantry could help keep down liability costs for the insurance providers, and potential insurance costs for the schools that implement such monitoring technology.
This potential has caught the interest of traders, especially ones who have children and would understand the demand for parents wanting to know if their kid was being harassed online or not.
WorldFlix, the parent company of Swantry, currently trades Over the Counter under the ticker symbol "WRFX".
