InvestorsHub Logo
Followers 12
Posts 967
Boards Moderated 0
Alias Born 10/17/2012

Re: None

Tuesday, 05/12/2015 1:54:24 PM

Tuesday, May 12, 2015 1:54:24 PM

Post# of 48153
I finally agree with HugoKeubiko about something. This deal definitely appears to be with the Region 4 Education Service Center in Texas. Only 2 states have Education Service Centers, Ohio & Texas. Since the PR says a Southern state, it has to be Texas. Region 4 encompasses our enthusiastic GlassWare supporter Dustin Hadin in New Caney and services about 1M students.

Now in his always deceptive paid basher way, Hugo seemed to be trying to imply that since Region 4 only has revenues of $2M per year, this deal cannot be very big. That would be a very wrong impression. The Education Service Centers revenues come from the services they provide. As far as IT solutions they say this: "Providing expert assistance to educational entities and businesses through professional development scheduling software, custom software development, and hosting services."

This is not to be confused with the amount of money each School District spends on IT. School Districts are taxing bodies and each have their own budgets. So Spheres potential revenues from this could be many, many millions of dollars per year. I imagine New Caney alone is spending many millions to institute their Chromebook program.

This could not only be a very big deal by itself, but think of the credibility it brings Sphere in relation to all the other States looking into implementing Chromebooks type programs around the country.


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ANY News