SPX

10.0%

1.1¢ spenda limited

it's just the beginning for Cirralto!, page-13259

First 13259 Last

Share
Profile

Follow
Goldenthumb

239 Posts.

133

09/07/21

16:19

Post #: 54401822
Share

Originally posted by Siglo1: ↑

This tweet by Risky Biscuits got me thinking and this approach at onboarding nodes is quite genius! So this deal with Fresh Supply positions them as a node into the agriculture business, whereby they will essentially market our product out to their customers and other businesses in the agricultural industry, in return for 30% of the profit. This means we don't need the workforce to go out and target individual companies, the node will do it for us, and in the case of that node being a society or coop, they could also offer their members incentives for taking up the Spenda product.

One society that sticks in my mind is Appstablishment's long time customer Capricorn Society, who have over 22,000 members. The workload involved for the Cirralto team to go out and pitch to 22,000 businesses is just unfathomable, but thankfully one of the reasons these businesses join coop's or societies is to benefit from synergies such as access to superior products that they may not even know about if they were out there on their own! So if we onboard this society/coop as a node they can then send out a bulletin to all their members saying "Hey guys we've secured access to this fantastic new Spenda system for our members at a discounted rate, we recommend all members switch over to it" and because they're being given 30% of the profit they could then offer an incentive such as "all those who do will receive 10% off membership fees" or come straight out and say we're being given 30% of the profit they make as a referral payment, we will pay that out to everyone who takes it up as an annual dividend! It's a win-win for everyone really!

This seems to me to be the best way to expand rapidly without having to grow your team exponentially! So, at 2-4 nodes per month, anyone got any theories as to who could be next? Retail Food Group would be a big one in the food and beverage industry.

Expand

Risky is a good guy and someone who i regularly talk too on twitter about the cro. he is a very knowledgeable guy and a huge advocate for the company. I am Kem by the way hahaha

CRO Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
31 Upvote

0 Great analysis

Reply

Top Stories

NAM

ACCC seeks Olam divestments before it can buy Namoi Cotton

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

ESR

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

The winners & losers on market if negative gearing were gone

DEG

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

KAL

KalGold rolls out detailed aeromagnetic survey across Pinjin project

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

STK

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

The market's shrugged at China's stimulus measures all year. Why is this one different?

There are more pages in this discussion • 7,087 more messages in this thread...

First 13259 Last

Add SPX (ASX) to my watchlist

(20min delay)
Last 1.1¢		Change 0.001(10.0%)		Mkt cap ! $50.63M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.0¢	$3.664K	345.7K

Buyers (Bids)

No.	Vol.	Price($)
9	4458789	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	1790962	7

View Market Depth

No.	Vol.	Price($)
9	4458789	0.010
14	8275838	0.009
11	6138248	0.008
6	6232562	0.007
6	3283500	0.006

Price($)	Vol.	No.
0.011	1702962	6
0.012	9529872	14
0.013	8742645	9
0.014	4836500	8
0.015	5623083	6

Last trade - 15.44pm 27/09/2024 (20 minute delay)

SPX (ASX) Chart

it's just the beginning for Cirralto!, page-13259

ACCC seeks Olam divestments before it can buy Namoi Cotton

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

The winners & losers on market if negative gearing were gone

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

KalGold rolls out detailed aeromagnetic survey across Pinjin project

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

The market's shrugged at China's stimulus measures all year. Why is this one different?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

it's just the beginning for Cirralto!, page-13259

Top Stories

ACCC seeks Olam divestments before it can buy Namoi Cotton

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

The winners & losers on market if negative gearing were gone

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

KalGold rolls out detailed aeromagnetic survey across Pinjin project

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

The market's shrugged at China's stimulus measures all year. Why is this one different?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News