The prospective UPS contract is just a distraction. YOJ has yet to establish a record for taking new customers from contract execution through timely project implementation and to ongoing customer retention. What is the status of all the following contracts: Cambodia Post, Lion Air Group, Singapore Air Charters, Sharff, and SILA? I realize they provided a forecast in the latest 4C to the effect that Sharff and SILA would go live by end of June 2018. I will believe it when the announcement comes out. Going back to UPS, I would say the SILA deal has a greater revenue potential than UPS. The UPS, FedEx and DHL of the logistics world have highly sophisticated IT processes and systems. Their IT spend is substantial. In 2017, UPS spent $USD 1 Billion on IT (https://pressroom.ups.com/pressroom...age?ConceptType=Speeches&id=1487952235463-428). It comes as no surprise then that their work with YOJ is currently focused on BlockChain. When you think of the SILA deal, it could lead most of the SILA network partners in Australia to sign up for the YOJ platform. This was discussed in the latest 4C.
SILA (...) contracted Yojee for an initial two year term to be their logistics software partner (...). SILA has now completed its testing phase and is beginning its preparation for a full scale roll out across it's delivery network. Yojee believes that there is potential over the coming months for a number of new opportunities to arise via the network effect of the technology and also the large number of companies looking for a similar product. Yojee’s market research suggests there are hundreds of companies in Australia alone that could utilise this specific product.
Some other companies have announced presumed deals with Yum Brands, Amazon etc yet their stock price got hammered. So while signing a deal with UPS would give a boost to the share price, generating ongoing revenue from the deal will sustain the increase in share price. All this to say that the potential UPS deal is pure diversion.
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