GSW 0.00% 29.0¢ getswift limited

Ann: GSW In Teaming Agreement with Patriot Defense Group LLC, page-25

  1. 22,104 Posts.
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    There you go, another one.

    So they are going to make 1,000 of these non-obligatory contract disclosures each day?

    Yojee has plenty of small customers giving them like a thousand dollars a year, but doesn't stoop this low.

    This will backfire once scepticism sets in and the price no longer moves.  

    GetSwift Limited (ASX: GSW) (‘GetSwift’ or the ‘Company’, a leading provider of SaaS logistics technology, today announced entering into a subscriber agreement with the Intervale Center, Inc. ('Intervale'). Intervale’s mission is to strengthen community food systems and serves as a model for food and farming organizations throughout the world.

    The contract with Intervale is an evergreen SaaS contract for e-commerce, order management and last mile logistics with a minimum twelve-month term, and contains standard termination clauses. The contract is not subject to a trial period. The value generated by the contract cannot be determined at this time because subscription fees are subject to take up utilisation based on number of e-commerce customers processed through the services. For that same reason, the company cannot say what the significance of the contract will be to the company.
 
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