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At least that imo. I think that is the low end. Watch what happens when that D falls off in early August and let's see what type of PR(s) we get with updates. This company was in a prime position for someone like Mr. D and Mr. G to come in.
One thing I haven't seen anyone talk about is Burst, LLC...Might there be a connection there? This could be a package deal much larger than just what TXHD brings to the table at the moment. Don't get me wrong, I think by themselves TXHD has the potential to quickly become a multi hundred million (possibly billion) dollar company.
You bring a master executive/manager and a major money guy, both with crazy good connections...I mean, I don't know how anyone can't clearly see the writing on the wall here. This is setting up to be massive. I'm talking Maria Bartiromo coverage here...Now that's BIG! :)
I think both of their buddies start nibbling at this out of their personal accounts after the D falls off. Personally I believe we uplist off the OTC by early 2019...Get this to $3 (only a 12m MC) and we are golden for AMEX! Earnings already meet minimums for 2017 and will for 2018. Plus 2017 is already audited, no reason to think 2018 wouldn't be as well. The D is our biggest limitation right now...once gone, BOOM time.
I'm expecting August to be significant and am taking full advantage of this range to get up to my 4.99% of the OS target. Currently at just under 4% with 6 trading days to go...Keep giving me cheapies please, because these shares are going to be worth A LOT of money soon!
See you at the top...
GLTY and AIMO,
TG
Hi again Dougster,
Is this the first time you've seen a company reorganize? Serious question? The company affected a 1000 to 1 RS, you are correct. And at the time they did that if the AS was 4 billion and the OS was 4 billion, then the 1000 to 1 split would leave them with 0 shares to sell to raise money. Kind of defeats the purpose.
So, since the company will need to still raise some money to test, further develop and launch their far superior technology, then they will have to sell equity in the company in order to do that. Unless they want to put up their office furniture (probably not much value there), then they will need to have some shares to offer investors.
That said, the company has made it very clear they will not be relying on shady toxic financiers to do this. Hence, the appointment of Mr. D and Mr. G, both very well connected and successful advisors and investors. Neither of these guys are here to 26 times dilute the existing shareholders and that should be extremely obvious to anyone that investigates their highly successful business, investing and Wall Street backgrounds. These gentlemen are legit and will raise money the "healthy" way.
I wish you all the best going forward and hope this clears up ALL your doubts about the share structure going forward and from here on out we can consider this issue satisfied and resolved. That way we don't have to clutter up the board with the same message over and over and over again:)
See you at the top!
TG
When you read back through the filings, PR's and company updates, it's apparent, although they don't mention him by name that he has been around giving unofficial guidance to the company for at least the 6 months he himself referenced. I'd think he has several buyers in mind, but believe that his ultimate goal here is to build more value in the company and sell to the highest bidder.
Get the products/services/tech here recognized and accepted to some degree and even recognized in the news, industry publications, etc. Build a buzz around the company so to speak so people start comparing this to a Twilio and start getting their valuations up!!!
If the company can claim that their platform outperforms a Twilio and then you come out and prove it, BOOM...Instant Billion dollar valuation! Twilio trades with roughly a 70 million OS and is currently at $60+...So what does that say for TXHD's potential if their platform truly is superior???
Boggles the mind a bit. When you even go back and look at some of the forgotten additions, you start to wonder just how big this can be and exactly where it all goes from here. Look back through some of it, blockchain, the Phillips guy (name escapes me), augmented reality...I know there is a lot more I'm forgetting too.
This will all come together soon and pre or post shareholders will both make money here...
See you at the top!
AIMO,
TG
And that was conversational AI, which isn't very established yet. Still in it's infancy. Text, obviously has been around awhile, is very well accepted and RCS will just make the mouse trap more efficient.
With the technology and the SAM platform that $TXHDD has, this could leapfrog any buyer to the top of the text food chain overnight! Personally I think this stands to be much, much bigger than Mr. D's AI company. Although that was a great accomplishment in and of itself, this is just much bigger imo.
What's even better is that we're not years away from having this tech...We are several months. The RS was a blessing in disguise for investors coming in now. No way you see this stock at these levels once the PR's start to roll and the bigger picture becomes more and more evident to more and more, larger and larger investors.
This is going to be an excellent finish to the year!!!
See you at the top!
GLTY and AIMO,
TG
That is exactly why they brought in Mr. Tom "Dilution" DiBenedetto. Yep, bring in a billionaire (if not, billion, then hundreds of millions), highly successful businessman who is part owner of the Boston Red Sox, well, let's just look at some of his accomplishments here:
Honours degree in Economics
MBA at business school
MIT research fellow
President - Boston International Group
President - Junction Investors Ltd.
Chairman - Jefferson Watermann International
Managing Director - Olympic Partners
Director - Detwiler, Mitchell and Co.
Director - NWH, inc.
Partner - Fenway Sports Group (owners of Boston Red Sox, Liverpool FC, Fenway Sports Management)
Owner - AS Roma
Yes, you are right, he is the perfect guy to bring in for a massive penny stock dilution scheme and/or possibly future penny stock scams the company may have planned.
I mean what does Mr. D have to lose here...right? Only his reputation! Ahhhh, doesn't mean much though, right? Let's see his lunch today will probably cost more than he'd make here selling off shares, but we won't take that into account.
We won't take into account that he actually put his own money in the middle of the table to clear some of the toxic notes. We won't take into consideration that he has warrants to buy much more stock at much higher prices. I guess we'll just overlook anything that would say that there is absolutely NO WAY he would associate himself with a dilution machine of a penny stock.
I mean seriously, take out all the things we won't consider and I definitely see your point. Keep digging, I think you're on to something:)
See you at the top...
GLTA and AIMO,
TG
100% agree! He is just going to build a boat load of value first, which won't be difficult. This is an excellent setup...The company was in the perfect stage for him to come on board and I envision them raising a ton of money by years end and a fat acquisition sometime next year.
With his connections, he probably already has several buyers in mind and/or lined up, but to demand a top dollar sale price they have to go through the motions, testing and prove market acceptance. Once those are done, then you have a several hundred million to possibly billion or more price tag. Funny thing is these large tech companies are always tripping over themselves to keep up with the Jones's and will overpay for tech that they see future value in.
This is why I laugh when folks are trying to move the share price a few pennies with scare tactics...With what's coming, it just won't matter what anyone here says. I'm just gonna' sit back and look at this board as the victory board where successful shareholders come to gloat about how brilliant they are for owning this stock.
I'll say it again, but by years end this will be a totally different situation. I don't think it will take to the end of year, but giving some padding. This actually is one of the OTC stocks that "WILL" be over a dollar! In my opinion, there is absolutely no doubt about it.
They've got the team, the technology and now the share structure...Just give it some time!
See you at the top...
GLTY and AIMO,
TG
I think what brings significant value to the company is its platform. Smart Automated Messaging (SAM). It's not as "sexy" as RCS or augmented reality, but those are mainly surface type functions. The real money is in the platform those things operate off of. SAM to me is what gets a BIG suitor to pay attention. The bells and whistles are great, but it's the powertrain that drives the car...and we're talkin' some serious American Muscle with SAM!
GLTA and AIMO,
TG
Just a matter of time...imo, not much time. I feel like once we break .20 with solid volume that will become a very solid support and we won't look back.
See you at the top!
TG
OTC Markets is updated!!! 100 million AS and 3.9 million OS...
TXHDD Security Details on OTC
See you at the top!
TG
Yeah, I mean I actually feel sorry for the guy if he is that misinformed, but if his intentions are simply to deceive, then I think I need to set the record straight for any new folks to the stock. FYI, I stickied your response to him as I thought it gave a good, concise rundown of what has happened here recently. I dug deeper last night and looked at 8k's, PR's, Mr. D's background, Twilio's valuation, OpenMarket, CIOreview, tweets, partners, etc. and am more confident now than I was yesterday...and I was pretty damn confident yesterday!
I mentioned in another post how irrelevant this board will become shortly and am 100% confident that will be very true, very soon. Not that it won't be fun to be here, but someone posting false and/or misleading information will have absolutely no effect on the PPS once this company starts to make some of the moves that I'm sure they will make soon.
See you at the top...
GLTY and AIMO,
TG
I am having a hard time understanding if you are being serious. You had also mentioned in another post that you were concerned about additional salaries and in this one you state things that just totally have me scratching my head with a last sentence of
"At least I am willing to say that I do not know everything."
Respectfully stated, after reading your entire last post, I'd firmly agree with you that you do not know everything, in fact, it appears you know very little about what is going on here...Very little.
And then you said this: "Real world evidence questions remain NOT answered by anyone on this board." I mean what does that even mean? You asked a bunch of questions in your post, but they've all been answered already...I am totally confused.
I see three scenarios here and I ask you...1) Are you really not understanding what is going on here, 2) are you just being lazy and have read no PR's or official 8k's or 3) are you simply being deceptive and intentionally lying?
I'll try to help you if you really don't get it...
See you at the top!
TG
And here is the link for people to see for themselves:
Investor Warrants
And regarding the buy prices of .60, .80 and 1.00 it just goes to show the "minimums" these guys are confident this PPS will get to.
See you at the top!
TG
Here is a great interview with COO David Thielen on Uptick Newswire. Some of you have probably heard this before, but I think it gives some additional perspective on where the company was ready to go at the beginning of the year and you can see much of the plan starting to come together with recent events.
Uptick Newswire Interview With Textmunication COO David Thielen
See you at the top!
TG
The undervalued awareness will continue to grow as trust comes back here and people stop obsessing over the rough decisions that had to be made in the past in order to overcome the past (i.e. the reverse split).
Yes, RS's are typically used to just set up another round of dilution, but they are also used, for legitimate companies like Textmunication, to restructure for future company and PPS growth. This whole picture is crystal clear to me, but I can see (after an RS) why some are so reluctant to see what is so plainly obvious as to the positive direction this is going.
Here is a rough view, in my opinion, of how this worked out:
Somehow, someway the company connected with Mr. D about 6 months ago. Mr. D encouraged them, with his many successful years of astute business experience, to take certain actions to ready the company for future growth and for him to come onboard as an official advisor.
One of these was to start restructuring by eliminating the toxic financing and using a RS to get the share structure inline. I can't imagine someone of his caliber walking into a company with only 1 million in revs and a huge 4 billion OS. Same would apply to a company that had outstanding toxic debt. You know, the gift that keeps on giving and giving and giving...
As stated in one of the recent 8k's, Mr. D mentions that he had his eye on the company for the last 6 months and yada, yada, yada, everything I said above.
To all the naysayers, someone of his stature is not going to come on board until the mess is no longer messy. My guess is he advised them, probably told them, to clean it up or else there is no way I come on board. Not to mention, I'm sure he took the biggest microscope he could find and tip toed through everything from financials to legal. IMO, if everything wasn't clean he wouldn't be here. He's here, so my guess...The company is clean and his plan will keep it that way.
That said, Mr. D probably thought to himself (I don't know if he did this out loud or in his head) we're going to want to raise more money to really launch this puppy into overdrive. Hmmmmm, I wonder who could help us with this...
Enter:
Mr. G. A retired Wall Street executive with the both the connections and I'm sure the knowledge to bring a company to a larger exchange for better liquidity and to attract big dog investors.
That said Mr. G says to himself (Again, I don't know if he did this out loud or in his head), boy this company sure has a lot going for them, but I just don't know that we'll be taken seriously on the OTC, so I think uplisting to the AMEX is going to be our Plan A and since there is not a Plan B we will go with Plan A.
So we've got two high class advisors, one leads the way, the other brings the money, the company has a talented and innovative team, also the products and services. All that's missing is a little time.
And for whomever is thinking that bringing these two on just means more salaries to pay...hahahahahaha...You've got to be kidding me! The company couldn't afford to pay either of them with current revenues.
What is Mr. D going to do??? Take every penny of revenue the company "currently" makes and have them write him IOU's for the rest??? That is so funny and shows how little some people have factored just how BIG these two additions are to the company. These aren't $100,000 a year guys! They don't ask the market price of the lobster before they order...they just order it. They certainly don't clip coupons to buy groceries. More salaries to pay...hahaha...tooooo funny!
For those that can't see how much has changed by these two coming aboard well then that's on you. Try to talk the stock down, scare people off, it won't matter what you do. In fact, this message board will be so irrelevant to where this stock goes shortly that any time spent here trying to spook folks is just a waste of valuable life span.
Here is a tip for anyone actually interested in knowing more about Mr. D...Take a look at Jefferson Waterman International of which he is the Chairman. This will give you something to gauge his reach by.
Salary? Too damn funny:) See you at the top!
GLTA and AIMO,
TG
Edited Repost: Just got off the phone with the COO David Thielen and he confirmed many things that were already public information and that I suspected to be true.
The AS is 100 million as per the NVSOS website and the transfer agent will be updating this on their next round of updates. He wasn't sure how quick the updates came around, but did confirm the AS count is 100 million.
There are NO notes in play! The notes and shares referenced in the 10Q were issued pre-split.
Regarding the GS Capital note and as per the 8k public filing this note has been settled by means other than conversion.
Very good conversation and solidifies my stance on where the company is NOW and not where they've been. Do what you want with this information...I know what I'll be doing. See you all at the top!
GLTA,
TG
My bad. The AS count is 100 million. The OS was confirmed at the just under 4 million which everyone figured it was. Fingers got ahead of my brain on that one. David said the TA would update those figures with OTC as he had communicated with them today about the error. The TA told him they would correct it with their next update. He was not sure though if their updates were daily, but if it's not tomorrow that it is reflected he seemed confident it would be very soon, like this week.
Sorry all for the typo and any confusion it may have caused...
GLTA,
TG
I've been around this game for quite some time. Actually about 20 years on the OTC and 90+% of the time they are right. Most of the companies fail and/or are scams, but occasionally you look long enough and hard enough and you run across some gems that just keep on giving.
I had an employer once that would hound on how important his managers were and how they could make or break his business...and you know what? He was right! Managers, hard working, ethical and focused = success.
People don't have to be mathematicians to add 1+1 here. They've got the team, the talented team, they've got the product/service and they have a plan. Only thing missing is some time. That will come naturally and the end result will, in my opinion, be a phenomenal turn around/success story.
We'll see you at the top...
GLTY,
TG
I'm now a mod, so I'll consider it once I'm done buying. If people aren't paying attention, then I'll continue to take all the shares (up to my 4.99% limit) they'll give me at these levels. Figured it was unselfish of me to share that info, but I'm gonna be a little selfish on how prominent I make that info...This is going to be a fun ride! With this share structure, this will move in chunks. In other words, quickly. A nickel or a dime at a time! I'd be very surprised to get to the end of August and not be at least at the .50 mark...at least!
I'll sticky it after I handle some things (a-hem) at about 9:30am EST tomorrow:)
GLTY,
TG
Yes, it is great news! It was a very good conversation. Very good! Not to imply he told me anything more than what is already public, but he did confirm some of the conditions that needed to be met in order for someone of Mr. D's stature to come on board. In my opinion, shareholders will be greatly rewarded as this company progresses with their plans.
GLTY,
TG
Just tried calling, but got VM. I tried the number from OTC profile and an 800 number from a PR, but both got me to the same place. Anyone have any other numbers?
Hey, I get it...From what I take you were here pre-split, so I don't blame you for feeling slighted and looking for how they might be trying to slight you again. Again, I haven't been around here all that long and maybe I don't know all the past happenings (broken promises, etc.), but I see what is before me now and that is a million dollar a year company, with 100 million or more potential and 2 advisors that agree with that.
I'm putting a lot of weight on Mr. Thomas DiBenedetto and Mr. Joseph Griffin being part of the team now. These aren't some washed up celebrities trying to make themselves relevant again and trying to earn a buck to replenish the millions squandered on the Hollywood lifestyle, but they are two extremely successful businessmen that were brought in with a purpose. To me the purpose is clear and it's not dilution. It's a fat buyout!
So good luck to everyone here and I'll keep loading until I reach my 4.99% limit. I'm personally thinking the fireworks start not too long after the D falls off, which should be about August 6th. Till then I'll take all the cheap shares I can to get me to my goal. My guess is we have some nice PR's leading up to the launch of their RCS product.
GLTA and AIMO,
TG
I've bought 8's to 14's. Again, I'm just trying to average out around .10 if possible (I'll go higher if need be), but would be stupid for me not to if people want to sell in this range. I don't really get into calling future PPS's, but this has significant upside from here. Significant! I'll leave it at that as we'll have to see how things develop to see what that means.
A $1 just seems like a no brainer as that is only 4x current revenues...That's not really a prediction, but I wonder if we are there by months end or mid August, late August??? I can say I'm not here for a dollar though...too cheap.
GLTA and AIMO,
TG
By mid August we should be looking at a whole different setup. Hopefully more clarity by then and the D falls off first week. Once the D comes down, people will start to take a peek under the hood. It is the lack of crystal clear clarity that is allowing me to buy right now at these levels
and I love it! Iam willing to take the risk that I'm not buying at rock bottom, but I am trying to buy 5% of the OS that is under 4 million so I'll take anything under .10 and consider it a gift.
I'm not a gambler, but am a calculated risk taker! The whole risk reward ratio is leaning heavily to far, far, far more rewards here. Especially if you have a end of year time frame, which I do.
GLTY and AIMO,
TG
Thanks, but not my first rodeo. I currently have over 100k shares and will buy right up to the 5% of the OS mark (roughly right around 200k). Goes lower, I buy more. By years end this will be a whole different situation. Mark my words!
GLTA and AIMO,
TG
I'm not going to disagree with you on that. I just got here, but can assume there has been much distrust built up from shareholders that were here pre split. I think they need to be crystal clear here on everything (not just a simple tweet) in order to regain shareholder trust.
They did officially say they will not be using toxic financing going forward and I believe them solely due to the 2 advisors recently brought in (official 8k to prove this). But, are there still notes out there that carried over or are all these settled?
The 2 new advisors are the caliber of guys that aren't going to muddy their names with some junk penny stock so that they can steal a couple of hundred thousand dollars from some OTC traders.
What I am seeing here is an uplist to at a minimum the QB, someone mentioned the AMEX (which seems highly likely for liquidity reasons and exit plan). Even with no AMEX uplist, these guys are going to position the company for a large, several hundred million dollar (or larger), buyout. It's just that simple! Whether that happens from the OTC or another exchange is to be seen, but I assure you that is the plan I'm seeing.
The 4 billion AS will, I'm sure, be updated and my best guesstimate is that the 100 million AS from the NVSOS is probably most accurate. Like I said, these guys aren't going to go from part owner of the Boston Red Sox (and soccer teams, etc.) and Wall Street big whig to penny stock scammers. There is no way this gets diluted all to hell like before. These guys alone can attract big money from legit sources. No more toxic financing...I believe it!
GLTA,
TG
Uh...No! Post split is showing the retroactive equivalent of shares that would have been issued. It clearly states in the filing, that you're referencing, the 10Q was retroactively updated to reflect the split. These shares were issued pre March 31st. May some still be out there? Possibly, but you are way off in saying they were issued after July 9th which was the effective date of the split.
Here it is and everyone can decide for themselves:
Market closed early today, so your L2 is probably working fine, just not trading now.
I don't think anyone was cheering, I think we're just eager to reach the bottom and with any luck (maybe a PR, some friendly financing, seller runs out of shares, etc) we are there. Trying to figure out what is going on, but I think most everyone on this board is ready for this slide to stop and upon confirmation, then I think there will be plenty of cheering as this will turn quickly.
GLTY and AIMO,
TG
I know...I temporarily feel bad for those with shares bought higher, but truly believe it is NOT a tough hill to climb for everyone to get right in this. Not only right, but profitable. The news that everyone is expecting is set to be big. We're looking at financials, friendly financing, whatever D89 was referring to with the value of Enertrade/Shyne, I don't know about this, but an NYSE offering (won't be an uplist imo as many keep referring to it as...if something like this even happens) and any other numerous things we don't even know are happening.
Lots coming down the pike here...
GLTA and AIMO,
TG
Movin' on up! Once watchers start feeling confident the seller is done, or slowed dramatically, 2.6 mil on the ask at a measly .0017 goes away really fast! We're getting real close to our time to fly. As I've said before, July should be a great month! Really excited!!!
GLTY and AIMO,
TG
I was considering taking it out, but I chose to just sit on the bid to see what type of action I'd get. Took out most of the .0015's for about a mil and half and hit .0016 a couple of times for a 1/4 mil each, but want to see how the rest of the day plays out. Been watching the last few days action and it is looking like the selling has reached it's bottom. At least for this seller which tells me the .001 conversion theory/filing info seems to be holding true for this seller.
Truly believe that the PUC update opens the door to the financing we've been waiting on and poof all these sellers or potential future sellers go bye bye. I've got a war chest of shares now, so I surely hope I'm right. We'll see how today and tomorrow play out for more confirmation.
GLTY,
TG
I'll come in with you for another million...man I'm stock piling these things...Just had some money free up from another stock, let's up that million and see what happens...Hope they are worth as much as I think they'll be shortly. I put my money where my mouth is though. Let's go ZNGY team...!
TG
Just a matter of time. I outlined in the sticky above how I feel this gets there even with 2 bil OS, although I still don't think we'll get to 2 bil. Extremely frustrating with the silence and I think the company could have handled this much differently, but if they shock the world with strong, growing financials and some earth shattering news, then we'll all look back at this time with a "remember when...man I was so pissed I could have ______" type response.
GLTY and AIMO,
TG
Understood. I've read the 8k, but that I'm aware of the license hasn't transferred yet. This should be coming any day now if all is still on track. The PUC approved the sale of the company last year, but need to get the license in Zenergy's name.
I think that license changing over has been a big hold up for a couple of things. From a lenders stand point, they're looking at the deal being contractually done, but they're not going to shell out any money until the licensing authority gives the official thumbs up.
Can't see any reason why it doesn't happen and if it weren't for the 4th I'd be looking for it this week. But I'm giving a little extra time, so I'm saying end of next week. Holidays and government employees usually don't lead to massive productivity...More like can I take vacation around the holiday to get more time off without losing a day???
All government employees in present company are excluded, of course:)
GLTA and AIMO,
TG
I think we are in for a turn around here pretty soon. I've been waiting to see what kind of action we get once the TX PUC license is officially transferred. I'm wondering if this has been the hold up for the "friendly" financing.
From the first acquisition of Enertrade, that obviously didn't go through at the time, they stated that upon closing it should take about 90 days for the TX PUC to update and guess what tomorrow is? Day 90. Not necessarily expecting it tomorrow, but by end of next week.
A lot of frowns should be turned upside down here in July. Happy Independence Month from Zenergy and friends:) I'm eager to see what's in store...
GLTA and AIMO,
TG
I like where you're going with this, but I think you've got to think bigger here...How about NUG*? Ran all the way to $7 from these levels! I'm thinking DeNunzio knows what's hot right now and that is MJ.
Especially with all that is going on in Canada...Bring in a legit, powerhouse Canadian MJ company and we'll all be countin' gold NUGS here soon!
With the share structure here, this one is in for a powerful move!!! Tomorrow will probably be a big move day, but it's just the beginning for this stock.
GLTA and AIMO,
TG
Thanks Pro-Life, gotta keep things light until the selling stops...Running out of posts today and got to get away from this dang computer:) I'll check in a bit later...
GLTY,
TG
Bull Runs, can't PM, but I appreciate yours. I also have been where you're at before, so I get the frustration. Really get it...it sucks! I guess we are looking at things a little differently, because my eyes are fresh here and yours are more experienced...Trust me, I value experience a lot and have taken note of yours and others views of how things are being handled. At least the arguments folks are making that hold weight and are factual in nature.
I just think that the timing is what is key at this point, but again, time will tell. If something significant, truly significant hasn't happened by years end (not necessarily referencing an NYSE listing as I'm not sold on that happening that quick, could I guess, but I'm not sold), then I will certainly reevaluate my position here.
Number 1 at this stage of the company's development is revenues! They've stated that in 12-24 revenues should be substantial. I'm going to hold them to that. I would consider anything over $50,000,000 in 24 months to be substantial and by years end I'd like to see at least 3,000,000 for the 4th quarter.
We'll see, so far they've talked a big game...For most penny stocks I'd write this off as just what penny stock CEO's do, but here it's been done before, so I give it more weight...lots more weight. Doesn't mean I marry the stock, but I will give it time to come together, or conversely to prove that it is going to fall apart. I wouldn't have put my money here if I thought the latter was going to happen, but that's a risk I'm willing to take all things considered.
Hope to meet you at the next shareholders meeting and I'm hoping it's with both of us smiling ear to ear:)
GLTY and AIMO,
TG
I'm going to address this although I really have other things to do today...I see we are under what appears to be a consistent barrage of former CEO's and CFO's from multi-million and possibly billion dollar a year companies...
Let's see what reasons can we come up with that might cause a company to only mark their product up 33%:
1) It's not jewelry
2) It's not digital and/or software
3) Competition may have set the market
4) Maybe these large companies aren't fools and know how to negotiate
5) They offered an introductory rate to get some business under their belt
6) Maybe they don't make their money on the products...
Specifically on both 5 and 6, starting with 5 (skipped 1-4, because they are self explanatory):
A company that has no business, but would like to build a portfolio of previous customers to show to new, prospective customers might offer an incentive above and beyond the benefits of the monthly savings.
(FYI, the following is not to imply that Tanglewood was the source of revenues stated in the most recent Q financials, I know they were/are under the Zero Cost Program)
For instance, Hello Mr. Tanglewood Resorts...We are Zenergy and if you'd allow us to service your facility as our very first ever large resort customer, we'd like to extend a special discount to you for helping us show you the benefits of our products/services and the resultant savings you'll experience in your monthly utility bills.
These products would normally retail for $600,000, but we are willing to sell them to you for just above our cost at only $300,000 today if you'll simply sign on the dotted line at the bottom...Please press hard you're making 5 copies:)
#6 They are not interested in the short term, one time, upfront profit from the sales of thermostats and other devices...They make their money from the customers savings, month after month, year after year...and lo and behold, one day their energy contract will be up for renewal and Zen Plus picks up the bat phone to notify the appropriate staff member that it's time to contact the customer to service their monthly utility needs (that little Enertrade deal helps quite a bit here).
Example - Mr Tanglewood Resorts, this is Joe Schmoe from Zenergy, remember me? The guy that saved you a bunch of money on your monthly utilities...Yeah, yeah, that's right it's me. So I see your contract is up for renewal and since I've earned your trust with what we've been able to do for you already, I'm wondering when I could stop in and show you how else we can better your life with our energy offerings.
I'm no expert, but I did stay at a Tanglewood Resort last night:)
GLTA and AIMO,
TG
I'm with you...I certainly don't think the public/shareholders relations aspect of things have been handled well. I do however look at it like this though...If their silence leads to many multi millions in regular, recurring monthly revenues, then by all means keep your mouth shut management:)
That said, I'd hate to have to wait quarterly report to quarterly report to get any type of updates however and am in full agreement that they need to get the communications aspect sorted out in the very near future. If we get to months end here with no clarity, to some degree or another, then I will be severely disappointed.
GLTY,
TG