Monday, November 25, 2013 8:25:16 PM
PVSP offers many plans, some are $5 and $6. So $15 is unlikely to be the average.
According to Pervasip filings, conversion rate is 5%, not 8%.
PVSP current revenue is $228K per Q, of which 38% come from a single "wholesale" customer.
The origin of the rest of the revenue is unknown, but they are still receiving some revenue from Ojo subscriptions, and some odds & ends.
In March this year (10-K, they were claiming:
OK. they had 14 renewals a day, so 30x14 = 420 customers in March (subscriptions are monthly, so they must be paid once a month.)
Q1 revenue was $238K. With about 420 customers.
You say PVSP must have 23,000 paying customers now. Let's check Q3 revenues : $228K.
Bummer, they gained 22,000 paying customers while losing $10K of revenue. Total FAIL!
In any case, Vox ceased to give any significant measure of their "progress" after the 10-K. There was no measurable progress this year, even in the Quarter that includes both the iPhone and the call cards revenues, if any.
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