Tuesday, June 30, 2009 11:27:05 PM
4/21/2009
Over the last few weeks the Interaction team has traveled to south Florida, presenting to many of the communities that Coastal Group already works with. The reception of the Interaction System by these HOA communities has been excellent to say the least. With Coastal Group already in the households of over 15,000 people representing several different HOAs, it provides F3 with immediate credibility and should create a huge footprint for Interaction in South Florida.
"This is a landmark deal for us here at F3 Technologies," stated Frank Connor, CEO of F3 Technologies. "F3 stands to achieve full profitability through this deal before the end of the year. I look forward to providing our valued investors with firm projections and actual hard revenue numbers related to this deal in the near future."
4/30/2009
Milestone #2 – Coastal Publications contract has potential to Generate $75,000 Per Month through Advertising Revenue
In regards to the Coastal Group deal alone, F3 expects advertising revenue to reach $75,000 per month once fully implemented, a goal that both Coastal and F3 are working toward daily. This monthly revenue estimate has been provided to us by Coastal and is based on their long history of working with advertisers.
“We are on course to achieve full company profitability before 2010 through this deal alone,” stated Connor. “These numbers represent Coastal’s reach into Dade County homes and do not factor in the potential we have through Coastal in the other counties where they have a presence. Coastal has been a wonderful business partner to work with and they are taking our Interaction product and really running with it.”
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