I have tried to resist responding to your previous posts, however it is time that your misinformed posting comes to an end. You have little to no understanding of where Buddy currently is and it is concerning that some investors actually value your posts.
(1) Explanation of customer receipts vs revenue:
If a customer pays Buddy for their Ohm for the next say three years (e.g $36k total, being $1k per month), this money will only appear as "revenue" in the quarterly for that quarter (i.e $3k reflecting $1k per month for the quarter) to reflect that is the period in which it is "earned". So for each month an ohm is installed in a building, Buddy will bill the client for that month and it will be reflected as revenue earned during the quarter, whether or not the customer actually pays that bill in that period.
So last quarterly, the company "earned" $761k - i.e they billed customers for that amount, having earned it from their customers. The difference with the cash receipt was those who actually paid during the quarter. Not all customers did. For some strange reason, you took this to mean that Buddy would not receive the money (which they did, within three weeks as per the announcement).
The figure to watch going forward is revenue, as there is likely to be some disconnect between cash receipts and revenue.
(2) Explanation of lower revenues in previous quarters:
Despite what was initially announced to the market, Buddy's timelines was optimistic. Management has subsequently acknowledged this (on numerous occasions). Accordingly, distribution of Ohm did not really commence until late last year (with Digicel in the Caribbean), and it was not until approximately May this year that was Digicel actually distributing at full capacity.
As such, lower revenues in previous quarters has been a result of (1) only Digicel distributing, (2) Digicel not distributing at full capacity until almost the middle of this year (because of delays in Digicel distribution capacity due to personnel changes). In short, Buddy has not achieved that landmark global distribution yet, however the company is getting very close to getting there and looks to be at that stage by the end of the year.
(3) Comparisons with BID:
The reason Buddy is valued significantly higher is not because of "algorithms", it is because the company has a highly growth high margin product. As demonstrated from the Annual Report released on Friday, now global distribution is commencing (e.g Europe, South America), Buddy has installed more ohms in the past 3 months than in the 8 months prior to that. That is the GROWTH we have all been waiting for.
BID does not have this high growth ability, and the upside is tiny compared to where Buddy can be in 6 months, 12 months, beyond.
(4) Going forward:
This upcoming quarterly, I anticipate between $1.1m-$1.5m revenue, which will be exceptional growth as against the previous quarter. Again, if you actually followed the stock, you would be aware Buddy has had a fantastic quarter and that this growth looks set to increase going forward - Buddy is on the "J-curve" path.
Buddy has US distribution to be commencing now/this quarter and have IM Canada/the rest of the world in the pipeline. Channels are clearly growing in the other regions we are distributing in, e.g the UK (see the Conferences/Tweets/Presentations/News thread today).
However, I am not going to lay out all of my research here. That can be found in my other posts.
Suffice to say, you are not following the stock at all and have no idea what is going on. To continue to preach to holders, as a non-holder nor follower yourself is seriously misleading.
Expand
