GSW (ASX) Class action under investigation!

Originally posted by U3962521 ↑

Gsw said they would roll out na williams and conservatively would result in 1.12 billion deliveries a year once deployed

That's what a lot of people bought into. The deliveries and a time line. And working that out then how much revenue the company would be making once deployed

Pretty simple really

Now things may have changed since the announcement. They may not have. Afr have utterly failed to give any update on na williams and harped on about ff and fbox

If na williams is actually deployed across na williams and 1.12 billion deliveries and 138 mill usd I value comes in the stock will be worth a fortune.
We don't know what state the larger contracts are at.
We know pizza hut and eagle boys in Australia use gsw. And we know Yum signed a global agreement worth 250 million deliveries a year
We know gsw have brought on a bunch of employees since the na williams announcement.

Looking forward to the mkt update. I think shorters could get burned if their business is sound

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I guess the point is you can't count on any of these business relationships and xyz # of deliveries - which you all seem to selectively cite as proof of future revenue then almost in the same sentence tell me it's PAYG - resulting in a dependable revenue stream because - as you and your fees keep reminding us idiots is SAas101. Your very first sentence quoting NA Williams will 'conservatively result in 1.12 bn deliveries per year is therefore utter nonsense, cannot be relied upon - because the company has no idea whether in fact according to the SAaS business model that again you keep reminding us dummies it can be turned off any day, if indeed it is ever turned on! How can this be a business you people want to pay. $500m for or even some hysterical posters would pay twice as much as that! Sure after a year or two of deliveries growing literally exponentially to tens of millions and glowing testimonials we might get a feel for customer uptake and appreciation and therefore a sense of "recurringness", but at the moment that is simply not possible. The fact revenue growth rate decline in the latest quarter when the company had ample resources to throw at sales terms and global economy is booming is hardly a bullish indicator - I would expect deliveries to double from this base per quarter. That $30m they raised in August obviously didn't go into a sales team - why not, what was the money raised for? Pure greed?