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Re: apdn1mill post# 28960

Friday, 03/07/2014 2:26:13 PM

Friday, March 07, 2014 2:26:13 PM

Post# of 58854
To be honest, the revenue model is still not very clear to me.

If we continue to depend on new customers for new revenue it's going to be difficult. Even if we have a mandate expansion, how more new customers are we going to get.

There has to be a method of generating substantial recurring revenue from existing customers. One way is yearly renewals for the mark but somehow it should also be connected to recurring orders or authentications.

At this slow pace of revenue ramp up, how will we ever exceed our huge expenses to be able to make a profit.
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