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Re: the big guy post# 65410

Monday, 05/14/2018 2:47:58 AM

Monday, May 14, 2018 2:47:58 AM

Post# of 191990

Another question... you have no R&D expenses in your financials... how can that be? typically, hi tech companies have high SG&A and R&D and have trouble controlling R&D costs. You do not have any R&D costs... I must conclude from that that your product cannot have any value, as no work has gone into it. ?



nFusz incurred R&D costs. Last year they had a team of I believe 17 programmers developing the technology, it certainly didn’t develop itself.

This year, to integrate into both Oracle and Marketo, in addition upgrading to version 2.0, that number seems to of expanded greatly as Rory said they had people around the world working on it 24/7. I believe it was two teams of coders with a consultant group Concentrus that specalizes in Oracle & Marketo integration.

Here is the press release on the last item.

https://nfusz.com/wp-content/uploads/2018/02/NFusz-Concentrus-Press-Release-V3.pdf


nFusz Engages Software Integration Expert Concentrus

Hollywood, CA – February 21, 2018 -- nFusz, Inc. (OTCQB: FUSZ), the Hollywood-based digital technology company, announces that it has engaged Concentrus, Inc. to accelerate integration of its notifiCRM interactive video technology into the cloud-based platforms of popular enterprise resource planning (ERP) and customer relationship management (CRM) providers.
“As soon as we saw a demo of nFusz’ notifiCRM interactive video technology, we knew we wanted to be involved,” states John Martinez, Concentrus Vice President. “We see scores of sales-based software solutions but notifiCRM is something quite unique, and very exciting. We’re honored to have been chosen by nFusz to assist them in bringing this product to a broader market,” continues Mr. Martinez.
“Choosing Concentrus was a no-brainer for us,” states nFusz CEO, Rory J. Cutaia. We were looking for a very particular set of skills, expertise and professionalism. With Concentrus, we were able to check all those boxes, and more. We’re very excited about what we will accomplish together in the near term and beyond,” continues Mr. Cutaia.