InvestorsHub Logo
Followers 1
Posts 77
Boards Moderated 0
Alias Born 12/30/2018

Re: Agreg post# 31179

Monday, 04/06/2020 5:35:42 PM

Monday, April 06, 2020 5:35:42 PM

Post# of 35275
Don't get too excited on the Findify projections just yet.

Before the last financials I saw they supposedly had about the same 1,800 clients you're seeing now. I did the same math you're doing ($500 per month minimum each client) and was expecting $900,000 per month. No such luck. They reported about $106,000 per month. Something not right about those 1,800 or the lowest monthly cost. Maybe some tried it briefly and are no longer customers, exaggerated client count, who knows? It does have good potential I think, but until I see it in the financials, it's just potential. I anticipate just a slight Findify revenue increase for the fourth quarter. Hopefully around $130,000 or more per month. I expect slow growth. Sorry to rain on your parade. I was excited to see the 3rd quarter numbers and was disappointed. Like all things Namaste, they over promise and under deliver. The latest thing I've been excited about is Choklat edibles. I thought they'd have about $3 mil sold by now. I'm still waiting for the first bar to be sold. Good luck to us all.