Sales update
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"Sales Pipeline,
CCP’s potential sales pipeline for monitoring points for current customers and trial accounts now exceeds 47,000 monitoring points. Key relationships with potential enterprise customers are now held in across CCP’s target market, including supermarket chains, c-store chains, hotels, restaurant chains, luxury hotels and casinos, and hospital food service.
CCP’s pipeline of monitoring points for accounts in its broader qualified pipeline (including the sales pipeline above) currently exceeds 74,000 monitoring points. Qualified pipeline comprises those opportunities where CCP has put a proposal to a prospective client in response to a Request for Proposal from the prospect."
From the recent investor pack, a monitoring point is worth < $15/month.
So if the 47k monitoring points all convert to Sales, then that's $8.4M pa revenue (using $15/mth per pt).
And with 74k pipeline, that offers potential of $13M pa.
At 31/3 - Cash $1.08M, june Q burn est $0.62M, excludes revenue.
At 1.8c, MC just $3.7M.
Future looks bright.
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Sales update [ATTACH] "Sales Pipeline, CCP’s potential sales...
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