VNUE Inc (VNUE)

[Dancer2]

Reposting my DD

"Soundstr has the potential to reduce costs by as much as $425 million industry-wide, while at the same time, leveraging the data to ensure that the publishers and songwriters are paid for their actual plays. It has been estimated that PROs use as much as 30% or more of royalties for operational expenses; Soundstr has the capability of helping to reduce this, resulting in a net increase to the stakeholders." (https://www.prnewswire.com/news-releases/radio-veteran-john-madison-discusses-importance-of-vnues-soundstr-301127903.html) "we are raising a $3mm round of funding for the next phase. This will be accretive to the value of the company, most likely a strategic partner or a preferred offering of some kind, either an equity or a debt instrument, based upon how the participants want to structure the investment... We do in fact hope to be able to do some kind of a buy-back and reduce some of the shares on the market once we have our funding round closed, which will be a step toward correction" (http://www.vnue.com/the-vnue-blog) "We plan to have those devices into the country and deployed within 12 months, during which time our goal will be to raise additional funds to manufacture 10,000 more units. The 450 units will get us to approximately $1.21 million in revenue deployed almost exclusively in radio stations. The deployment and roll out of additional units is dependent upon funding. Assuming we are able to build and deploy 10,000 units, revenues will hit $36 million annually within three years, not taking into account additional revenues from the anticipated reduction in fees charged to clients by the PROs. It will take approximately $8-10 million to get us to $36 million in revenue. Over time we hope to have both radio stations as well as other brick and mortar establishments and venues. This product also provides potential growth due to advertisement, sales of data etc. We believe that the data we will be collecting could potentially be one of the strongest revenue drivers." (https://www.otcmarkets.com/filing/html?id=14160521&guid=PLCHUKaWPLJX93h) "According to a 2018 survey by Nielsen Music, is estimated that only 17% of applicable businesses are legally licensed to play music publicly." (https://www.prnewswire.com/news-releases/vnue-reports-soundstr-mrt-platform-in-beta-deployment-301126472.html)