It’s not a FedEx trial. I thought they won the tender process and this lead to the signing of an actual long term contract. The contract specifies a minimum of 13.2 mil parcels annually for 4 years. Additional SaaS fees. So if it’s say 10 cents per parcel, then we could be looking at a minimum of $1.32m revenue annually plus the software as a service fees from the Scharff deal alone.
If the UPS trial,which is commencing shortly,is successful then that should lead to a very large and lucrative contract too.
This should be reflected by a large rise in the quarterly revenue statements over the next 12 months. Consequently the share price will surge accordingly.
All imho
YOJ Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
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