Replies to post #108863 on Bots Inc (BTZI)
From Bots April 22, 2021 PR...
BOTS INCORPORATED COMPLETES I.P. PORTFOLIO OF BITCOIN ATM PATENTS; WILL PROCEED LICENSING TO THE INDUSTRY: PROJECTS $30 MILLION IN YEARLY REVENUES.
Quote:
According to CoinATMradar.com, as of April 2021, there were closer to 16,000 Bitcoin ATMs installed in the USA. Average Bitcoin ATM kiosks process 130-180 transactions monthly. This number of transactions translates to up to $20-35 million as potential income from I.P. licensing for the Company per year.
After only a month, these numbers are now out of date. According to CoinATMradar, there are now 17,684 ATM locations in the US. Using the above estimates...
At $20 million/yr & 16,000 ATM installations
16,000 ATM's x 130 transactions/mo x 12 months = 24,960,000 trans/yr
$20,000,000 / 24,960,000 transactions = $.80/transaction
At $35 million/yr & 16,000 ATM installations
16,000 ATM's x 180 transactions/mo x 12 months = 34,560,000 trans/yr
$35,000,000 / 34,560,000 trans = $1.00/trans
...Using the same low and high end estimation method with 17,684 ATM's
Low End
17,684 ATM's x 130 trans/mo x 12 months = 27,587,040 trans/yr
27,587,040 trans/yr x $.80/trans = $22,069,632
High End
17,684 ATM's x 180 trans/mo x 12 months = 38,197,440 trans/yr
38,197,440 trans/yr x $1.00/trans = $38,197,440
The point is, at the current rate of growth in number of ATM's, the estimates will grow by $2 million/month on the low end and $3 million/month at the high end. Consequently, by year end (7 months from now) we could be looking at $36 to $59 million/yr in potential revenue just from the ATM Patents alone.
This methodology may be useful in tracking revenue as Bot's implements its ATM patent enforcement.
From Bots April 22, 2021 PR...
BOTS INCORPORATED COMPLETES I.P. PORTFOLIO OF BITCOIN ATM PATENTS; WILL PROCEED LICENSING TO THE INDUSTRY: PROJECTS $30 MILLION IN YEARLY REVENUES.
Quote:
According to CoinATMradar.com, as of April 2021, there were closer to 16,000 Bitcoin ATMs installed in the USA. Average Bitcoin ATM kiosks process 130-180 transactions monthly. This number of transactions translates to up to $20-35 million as potential income from I.P. licensing for the Company per year.
After only a month, these numbers are now out of date. According to CoinATMradar, there are now 17,684 ATM locations in the US. Using the above estimates...
At $20 million/yr & 16,000 ATM installations
16,000 ATM's x 130 transactions/mo x 12 months = 24,960,000 trans/yr
$20,000,000 / 24,960,000 transactions = $.80/transaction
At $35 million/yr & 16,000 ATM installations
16,000 ATM's x 180 transactions/mo x 12 months = 34,560,000 trans/yr
$35,000,000 / 34,560,000 trans = $1.00/trans
...Using the same low and high end estimation method with 17,684 ATM's
Low End
17,684 ATM's x 130 trans/mo x 12 months = 27,587,040 trans/yr
27,587,040 trans/yr x $.80/trans = $22,069,632
High End
17,684 ATM's x 180 trans/mo x 12 months = 38,197,440 trans/yr
38,197,440 trans/yr x $1.00/trans = $38,197,440
The point is, at the current rate of growth in number of ATM's, the estimates will grow by $2 million/month on the low end and $3 million/month at the high end. Consequently, by year end (7 months from now) we could be looking at $36 to $59 million/yr in potential revenue just from the ATM Patents alone.
This methodology may be useful in tracking revenue as Bot's implements its ATM patent enforcement.
From Bots April 22, 2021 PR...
BOTS INCORPORATED COMPLETES I.P. PORTFOLIO OF BITCOIN ATM PATENTS; WILL PROCEED LICENSING TO THE INDUSTRY: PROJECTS $30 MILLION IN YEARLY REVENUES.
Quote:
According to CoinATMradar.com, as of April 2021, there were closer to 16,000 Bitcoin ATMs installed in the USA. Average Bitcoin ATM kiosks process 130-180 transactions monthly. This number of transactions translates to up to $20-35 million as potential income from I.P. licensing for the Company per year.
After only a month, these numbers are now out of date. According to CoinATMradar, there are now 17,684 ATM locations in the US. Using the above estimates...
At $20 million/yr & 16,000 ATM installations
16,000 ATM's x 130 transactions/mo x 12 months = 24,960,000 trans/yr
$20,000,000 / 24,960,000 transactions = $.80/transaction
At $35 million/yr & 16,000 ATM installations
16,000 ATM's x 180 transactions/mo x 12 months = 34,560,000 trans/yr
$35,000,000 / 34,560,000 trans = $1.00/trans
...Using the same low and high end estimation method with 17,684 ATM's
Low End
17,684 ATM's x 130 trans/mo x 12 months = 27,587,040 trans/yr
27,587,040 trans/yr x $.80/trans = $22,069,632
High End
17,684 ATM's x 180 trans/mo x 12 months = 38,197,440 trans/yr
38,197,440 trans/yr x $1.00/trans = $38,197,440
The point is, at the current rate of growth in number of ATM's, the estimates will grow by $2 million/month on the low end and $3 million/month at the high end. Consequently, by year end (7 months from now) we could be looking at $36 to $59 million/yr in potential revenue just from the ATM Patents alone.
This methodology may be useful in tracking revenue as Bot's implements its ATM patent enforcement.
From Bots April 22, 2021 PR...
BOTS INCORPORATED COMPLETES I.P. PORTFOLIO OF BITCOIN ATM PATENTS; WILL PROCEED LICENSING TO THE INDUSTRY: PROJECTS $30 MILLION IN YEARLY REVENUES.
Quote:
According to CoinATMradar.com, as of April 2021, there were closer to 16,000 Bitcoin ATMs installed in the USA. Average Bitcoin ATM kiosks process 130-180 transactions monthly. This number of transactions translates to up to $20-35 million as potential income from I.P. licensing for the Company per year.
After only a month, these numbers are now out of date. According to CoinATMradar, there are now 17,684 ATM locations in the US. Using the above estimates...
At $20 million/yr & 16,000 ATM installations
16,000 ATM's x 130 transactions/mo x 12 months = 24,960,000 trans/yr
$20,000,000 / 24,960,000 transactions = $.80/transaction
At $35 million/yr & 16,000 ATM installations
16,000 ATM's x 180 transactions/mo x 12 months = 34,560,000 trans/yr
$35,000,000 / 34,560,000 trans = $1.00/trans
...Using the same low and high end estimation method with 17,684 ATM's
Low End
17,684 ATM's x 130 trans/mo x 12 months = 27,587,040 trans/yr
27,587,040 trans/yr x $.80/trans = $22,069,632
High End
17,684 ATM's x 180 trans/mo x 12 months = 38,197,440 trans/yr
38,197,440 trans/yr x $1.00/trans = $38,197,440
The point is, at the current rate of growth in number of ATM's, the estimates will grow by $2 million/month on the low end and $3 million/month at the high end. Consequently, by year end (7 months from now) we could be looking at $36 to $59 million/yr in potential revenue just from the ATM Patents alone.
This methodology may be useful in tracking revenue as Bot's implements its ATM patent enforcement.
From Bots April 22, 2021 PR...
BOTS INCORPORATED COMPLETES I.P. PORTFOLIO OF BITCOIN ATM PATENTS; WILL PROCEED LICENSING TO THE INDUSTRY: PROJECTS $30 MILLION IN YEARLY REVENUES.
Quote:
According to CoinATMradar.com, as of April 2021, there were closer to 16,000 Bitcoin ATMs installed in the USA. Average Bitcoin ATM kiosks process 130-180 transactions monthly. This number of transactions translates to up to $20-35 million as potential income from I.P. licensing for the Company per year.
After only a month, these numbers are now out of date. According to CoinATMradar, there are now 17,684 ATM locations in the US. Using the above estimates...
At $20 million/yr & 16,000 ATM installations
16,000 ATM's x 130 transactions/mo x 12 months = 24,960,000 trans/yr
$20,000,000 / 24,960,000 transactions = $.80/transaction
At $35 million/yr & 16,000 ATM installations
16,000 ATM's x 180 transactions/mo x 12 months = 34,560,000 trans/yr
$35,000,000 / 34,560,000 trans = $1.00/trans
...Using the same low and high end estimation method with 17,684 ATM's
Low End
17,684 ATM's x 130 trans/mo x 12 months = 27,587,040 trans/yr
27,587,040 trans/yr x $.80/trans = $22,069,632
High End
17,684 ATM's x 180 trans/mo x 12 months = 38,197,440 trans/yr
38,197,440 trans/yr x $1.00/trans = $38,197,440
The point is, at the current rate of growth in number of ATM's, the estimates will grow by $2 million/month on the low end and $3 million/month at the high end. Consequently, by year end (7 months from now) we could be looking at $36 to $59 million/yr in potential revenue just from the ATM Patents alone.
This methodology may be useful in tracking revenue as Bot's implements its ATM patent enforcement.
From Bots April 22, 2021 PR...
BOTS INCORPORATED COMPLETES I.P. PORTFOLIO OF BITCOIN ATM PATENTS; WILL PROCEED LICENSING TO THE INDUSTRY: PROJECTS $30 MILLION IN YEARLY REVENUES.
Quote:
According to CoinATMradar.com, as of April 2021, there were closer to 16,000 Bitcoin ATMs installed in the USA. Average Bitcoin ATM kiosks process 130-180 transactions monthly. This number of transactions translates to up to $20-35 million as potential income from I.P. licensing for the Company per year.
After only a month, these numbers are now out of date. According to CoinATMradar, there are now 17,684 ATM locations in the US. Using the above estimates...
At $20 million/yr & 16,000 ATM installations
16,000 ATM's x 130 transactions/mo x 12 months = 24,960,000 trans/yr
$20,000,000 / 24,960,000 transactions = $.80/transaction
At $35 million/yr & 16,000 ATM installations
16,000 ATM's x 180 transactions/mo x 12 months = 34,560,000 trans/yr
$35,000,000 / 34,560,000 trans = $1.00/trans
...Using the same low and high end estimation method with 17,684 ATM's
Low End
17,684 ATM's x 130 trans/mo x 12 months = 27,587,040 trans/yr
27,587,040 trans/yr x $.80/trans = $22,069,632
High End
17,684 ATM's x 180 trans/mo x 12 months = 38,197,440 trans/yr
38,197,440 trans/yr x $1.00/trans = $38,197,440
The point is, at the current rate of growth in number of ATM's, the estimates will grow by $2 million/month on the low end and $3 million/month at the high end. Consequently, by year end (7 months from now) we could be looking at $36 to $59 million/yr in potential revenue just from the ATM Patents alone.
This methodology may be useful in tracking revenue as Bot's implements its ATM patent enforcement.
From Bots April 22, 2021 PR...
BOTS INCORPORATED COMPLETES I.P. PORTFOLIO OF BITCOIN ATM PATENTS; WILL PROCEED LICENSING TO THE INDUSTRY: PROJECTS $30 MILLION IN YEARLY REVENUES.
Quote:
According to CoinATMradar.com, as of April 2021, there were closer to 16,000 Bitcoin ATMs installed in the USA. Average Bitcoin ATM kiosks process 130-180 transactions monthly. This number of transactions translates to up to $20-35 million as potential income from I.P. licensing for the Company per year.
After only a month, these numbers are now out of date. According to CoinATMradar, there are now 17,684 ATM locations in the US. Using the above estimates...
At $20 million/yr & 16,000 ATM installations
16,000 ATM's x 130 transactions/mo x 12 months = 24,960,000 trans/yr
$20,000,000 / 24,960,000 transactions = $.80/transaction
At $35 million/yr & 16,000 ATM installations
16,000 ATM's x 180 transactions/mo x 12 months = 34,560,000 trans/yr
$35,000,000 / 34,560,000 trans = $1.00/trans
...Using the same low and high end estimation method with 17,684 ATM's
Low End
17,684 ATM's x 130 trans/mo x 12 months = 27,587,040 trans/yr
27,587,040 trans/yr x $.80/trans = $22,069,632
High End
17,684 ATM's x 180 trans/mo x 12 months = 38,197,440 trans/yr
38,197,440 trans/yr x $1.00/trans = $38,197,440
The point is, at the current rate of growth in number of ATM's, the estimates will grow by $2 million/month on the low end and $3 million/month at the high end. Consequently, by year end (7 months from now) we could be looking at $36 to $59 million/yr in potential revenue just from the ATM Patents alone.
This methodology may be useful in tracking revenue as Bot's implements its ATM patent enforcement.
From Bots April 22, 2021 PR...
BOTS INCORPORATED COMPLETES I.P. PORTFOLIO OF BITCOIN ATM PATENTS; WILL PROCEED LICENSING TO THE INDUSTRY: PROJECTS $30 MILLION IN YEARLY REVENUES.
Quote:
According to CoinATMradar.com, as of April 2021, there were closer to 16,000 Bitcoin ATMs installed in the USA. Average Bitcoin ATM kiosks process 130-180 transactions monthly. This number of transactions translates to up to $20-35 million as potential income from I.P. licensing for the Company per year.
After only a month, these numbers are now out of date. According to CoinATMradar, there are now 17,684 ATM locations in the US. Using the above estimates...
At $20 million/yr & 16,000 ATM installations
16,000 ATM's x 130 transactions/mo x 12 months = 24,960,000 trans/yr
$20,000,000 / 24,960,000 transactions = $.80/transaction
At $35 million/yr & 16,000 ATM installations
16,000 ATM's x 180 transactions/mo x 12 months = 34,560,000 trans/yr
$35,000,000 / 34,560,000 trans = $1.00/trans
...Using the same low and high end estimation method with 17,684 ATM's
Low End
17,684 ATM's x 130 trans/mo x 12 months = 27,587,040 trans/yr
27,587,040 trans/yr x $.80/trans = $22,069,632
High End
17,684 ATM's x 180 trans/mo x 12 months = 38,197,440 trans/yr
38,197,440 trans/yr x $1.00/trans = $38,197,440
The point is, at the current rate of growth in number of ATM's, the estimates will grow by $2 million/month on the low end and $3 million/month at the high end. Consequently, by year end (7 months from now) we could be looking at $36 to $59 million/yr in potential revenue just from the ATM Patents alone.
This methodology may be useful in tracking revenue as Bot's implements its ATM patent enforcement.
From Bots April 22, 2021 PR...
BOTS INCORPORATED COMPLETES I.P. PORTFOLIO OF BITCOIN ATM PATENTS; WILL PROCEED LICENSING TO THE INDUSTRY: PROJECTS $30 MILLION IN YEARLY REVENUES.
Quote:
According to CoinATMradar.com, as of April 2021, there were closer to 16,000 Bitcoin ATMs installed in the USA. Average Bitcoin ATM kiosks process 130-180 transactions monthly. This number of transactions translates to up to $20-35 million as potential income from I.P. licensing for the Company per year.
After only a month, these numbers are now out of date. According to CoinATMradar, there are now 17,684 ATM locations in the US. Using the above estimates...
At $20 million/yr & 16,000 ATM installations
16,000 ATM's x 130 transactions/mo x 12 months = 24,960,000 trans/yr
$20,000,000 / 24,960,000 transactions = $.80/transaction
At $35 million/yr & 16,000 ATM installations
16,000 ATM's x 180 transactions/mo x 12 months = 34,560,000 trans/yr
$35,000,000 / 34,560,000 trans = $1.00/trans
...Using the same low and high end estimation method with 17,684 ATM's
Low End
17,684 ATM's x 130 trans/mo x 12 months = 27,587,040 trans/yr
27,587,040 trans/yr x $.80/trans = $22,069,632
High End
17,684 ATM's x 180 trans/mo x 12 months = 38,197,440 trans/yr
38,197,440 trans/yr x $1.00/trans = $38,197,440
The point is, at the current rate of growth in number of ATM's, the estimates will grow by $2 million/month on the low end and $3 million/month at the high end. Consequently, by year end (7 months from now) we could be looking at $36 to $59 million/yr in potential revenue just from the ATM Patents alone.
This methodology may be useful in tracking revenue as Bot's implements its ATM patent enforcement.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |