"reselling arrangements". Plural = more than one thing to be announced.
reseller vs distributor - what model's best for Buddy right now? More distributors right? Comparison Chart
Column 1
Column 2
0
Distributor
Reseller
1
An economic entity with great manpower and logistics
A company or an individual
2
Offers many additional services in order to helping the market movement of goods and services
Only acts as a middleman
3
Higher margins
Lower margins
4
Better suited for new companies starting out and unknown products
Better suited for companies which are already known and do not need great support
For this pending announcement numerous scenarios possible as it will detail multiple developments. Perhaps Buddy will announce they have walked away from Telstra (reseller) who likely wanted exclusivity but at a lower guaranteed number of Ohms than Buddy feel suitable for the Australian market opportunity. Maybe also Buddy will turn this into a positive with info on other distributors that are now active and selling - Dicker, Ice, Edge out there doing their thing and that the numbers they project will have exceeded Telstra and hence more Australian revenue in the next 3 years than we would have received.
Another reseller instead of Telstra perhaps? BUD will still need to use a telco network's sim card - are BUD currently using Telstra / M2M for live Ohms that are in Aus already? Can that person that has an Ohm running and posted here earlier confirm?
Since November 3 2017 BUD have had plenty of time to come up with a Plan B to Telstra if the numbers weren't right for BUD. FAITH PEEPS, whatever happens it's calculated and will be good for BUD....
BUD Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
