Replies to post #24781 on VeeMost Technologies Inc (VMST)

[benz280e]

Wow Eagle, this is gigantic news. This company VMST has its hand on the bucket and headed for the well.

[Plato_]

VeeMost has carved out market share in the Education Rate (E-Rate) Internal Connections (IC) market space by winning numerous bid/contracts. While impressive, the upside could be even more impressive.
https://tools.e-ratecentral.com/us/public/fundingHistoryDetail.asp?typ=spin&ky=143036071&ste=&fy=2025&program=Erate
https://tools.e-ratecentral.com/us/public/fundingHistoryDetail.asp?v=&typ=spin&fy=2024&desc=1&ky=143036071&sortBy=

VeeMost often shares the stage with other Internal Connections (IC) providers that are selected by an applicant (school or library) to implement the IC part of their federally subsidized E-Rate IT projects.

As an example, in 2024, the Manchester Twp School District, awarded IC bids/contracts to CDW Government LLC, ePlus Technology Inc, The Patricia Bennett Group Inc, and VeeMost Technologies Ltd. https://tools.e-ratecentral.com/us/public/fundingHistoryDetail.asp?v=&typ=entNum&ste=&fy=2024&ky=123495

I would like to think that even though on some level these companies are competitors, for the purposes of these projects they were more like partners. So who knows what coopetition (competitor and partner at the same time) opportunities exist and may lie ahead for VeeMost.

CDW LLC, the parent of CDW Government LLC, posted sales of $21 billion in FY 2024. They would make a great partner! Are you listening VeeMost? 😉

Just look at the number of E-Rate bids/contracts they have won. The volume is breathtaking!

FY 2024: https://tools.e-ratecentral.com/us/public/fundingHistoryDetail.asp?typ=spin&ky=143005588&ste=&fy=2024&program=Erate

FY 2025: https://tools.e-ratecentral.com/us/public/fundingHistoryDetail.asp?v=&typ=spin&fy=2025&desc=1&ky=143005588&sortBy=

Also, keep in mind, the "Original Request" column refers to the reimbursement the applicant (school or library) is requesting from the Universal Service Administrative Company (USAC). To get the amount billed to the provider, which is usually substantially more, click on the corresponding FRN. In most cases, you can also get that amount by dividing the "Original Request" by the "Discount."

Disclaimer: These are just my opinions not advice. Do your own due diligence.