VEND is on the way to transforming the industry with their robot.
Think of it like this - they not only bought the rights to the technology but they also OWN the proprietary technology. This means they can modify, improve it based on their need.
They secured a worldwide known company for their product, Dannon Yogurt.
They also secured FLEX to manufacture the robots.
Both Dannon and FLEX are multi billion dollar companies. Do you think that they would waste their time and reputation on doing business with a fly by night start up?
This means that they did their due diligence on VEND. Lawyers and accountants researching the risk versus reward. Both decided to do business.
VEND is rolling out the first of its robots in April, then following each.month thereafter till the orders are fulfilled. What's that mean?
Right now the only revenue has been the deposits for the franchises. Now in addition to selling the franchises, revenue from sales will be coming in.
That means the success that's been achieved over each month for the recent past is going to continue to grow. More revenue will be generated.
Here's a visual example. Imagine you're on top of a hill and you have made a snowball. You let it go and it begins rolling down the hill. As it progresses down the hill it grows in size.
That's where VEND is at right now, at the top of the hill. It's being released.
Self service is being transformed into automated service. Imagine how this technology can be implemented in fast food. No employees, no huge buildings, etc. One robot that can facilitate fast food to perfection. Its on the way. Caliburger has purchased Flippy the robot for $65,000. Watch the YouTube video.
This technology is limitless in its application.
Think about it like this. Cell phones came about for mobile communication. First it was voice calls, then text, then pictures, then email. Now look at how it's not only evolved but how it's impacted society. The majority of the world's population has a cell phone.
If you are looking for the next Microsoft, Apple, Amazon, then you may want to consider your options.
This is my opinion as a shareholder since 2013. I want this stock to fly high and have multiple splits.
I am very pleased with what's going on. Especially the news that came out today with the $23 million dollar contract for LA and Orange County. The entrepreneur sees the potential and is taking it.
Do your research and make your own decision. I am just sharing my opinion.
Go VEND!!
