Replies to post #23602 on Endexx Corp (EDXC)

[Ephemeral Rook]

while i agree there will be residuals which will in the long run surmount initial price paid for installation, i certainly don't believe it will be per transaction. as with the WA deal that we didn't get there was a yearly 'maintenance' fee. so say edxc get (just making up numbers as an example) 100,000 for the system and setup, edxc will then receive 10,000 a year. I forget what the proposal entailed but the numbers were much higher than that. I think there was purchase of system, purchase of set-up, and then the maintenance... so each 'sale' of the system would amount to 3 different pieces of revenue in the course of the first year.