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.
GSW Price at posting:
66.0¢ Sentiment: Sell Disclosure: Not Held