Ok that looks good. The commission is the big one and it will be...

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seekinfo

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07/10/16

21:03

Post #: 19709798
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Originally posted by Cuse ↑

Hi @seekinfo,

The answers to your questions are contained within the prospectus & I have pasted below:

Sources of revenue
Flamingo generates, and is aiming to generate, revenue from the following sources:

client trials of the Flamingo Platform;

future trading revenue is expected to include monthly recurring subscription revenue from the use of the Flamingo Platform as well as success fees for sales made in the platform;

research and development grants received from the Australian Tax Office as part of the AusIndustry research and development program.

As you can see there is a monthly subscription fee as well as a sales success fee which will keep Flamingo engaged in the (improvement of the platform) process, as Rosie gets smarter more sales should convert & CR8 should earn increased comissions. This for me is the reason I invested in Flamingo.

There are many SaaS companies providing platforms & charging a monthly fee for the service, but there is really little upside & I feel Rosie has the potential to reduce expenses & increase income for Banks & Insurance companies. They already pay commissions for sales, so why wouldn't they pay commission for Rosie & this is a massive potential upside for CR8.

Looking forward to the re-list

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Ok that looks good. The commission is the big one and it will be at high margins too given low cost of sales.
CR8 Price at posting: 3.8¢ Sentiment: None Disclosure: Not Held
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Ok that looks good. The commission is the big one and it will be...

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Talga expands Prospectus Offer to $9M, banks $18.5M overall since end of financial year

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Infini rolls on with soil sampling at Portland Creek not long after making possible 'uranium history'

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Ok that looks good. The commission is the big one and it will be...

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Twiggy Forrest to acquire 40% of native hydrogen explorer – not long after putting Fortescue Future Industries to sleep

EBR reaches review milestone for wireless cardiac pacing device

Talga expands Prospectus Offer to $9M, banks $18.5M overall since end of financial year

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Infini rolls on with soil sampling at Portland Creek not long after making possible 'uranium history'

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