The rhino deal probably will not have any result in current...

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skyscraper99

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20/12/15

17:03

Post #: 16654210
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Originally posted by kwok ↑

Hi Guys
English is not my first language so please don't pick on me.I am confused perhaps believe that a profit update is warranted on the basis of the following announcements

Ann on 28/9/2015 Company said

Release 4 new products

1200 new customers signed during soft landing
new revenue to add $1m over 12 months
Distribution and partnership agreement with leading carriers and more than 350 channels partners including Telstra Vocus Mynetfone M2 and ISphone
Marketing campaign in Q4 2015

Ann on 6/10/2015 Company said

Record 22% annual revenue increase for 2015
Majority of customers are under long term contract
Combined revenue of $46m

Ann on 3/11/2015 Company said that global non exclusive agreement with Rhino Co Technology will

Add more than 1200 new active channel partners worldwide
Increase Vonex PBX distribution network by more than 340%
Resell Vonex PBX and actively recommend to its clients potentially more than trebling Vonex current network

I believe that the financial benefits from the ann of 3/11/2015 alone will make any previous profit forecast obsolete as the deal with Rhino is extremely significant in terms of profitability and cash flow and Management should notify the AXS as A2m did last week.This I honestly hope they will do .asap soon after relisting . IMHO Vonex has an enormous future and I am very excited to be part of it
I love to hear what others have to say or think as this is an open forum.
Regards

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The rhino deal probably will not have any result in current quarter as that ends in just over a week, so little or no time to implement it in time to get any results,

But for a company to become profitable while spending money and resources on oper8tor is impressive, and sure revenue will increase but they will obviously ramp up oper8tor and have more working on the app,

AWD Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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