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Ongoing subscription Revenues, page-42

  1. 978 Posts.
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    I don’t think their vision has been changing at all in regards to chasing revenue. It has always been the aim to expand and sell the platform through partnerships. It’s not like everything else stops with all focus on the nowforce deal. It just adds another potential revenue stream.
    The partnership with Nowforce although costing Velpic $1million would pay itself back fairly quickly if my numbers are correct for the numbers I’ve been given( I expect within 2 years), and after that timeframe, it’s all profit. That’s doesn’t allow for the integration of existing nowforce clients which adds another revenue stream.
    I still believe 250 clients on the Velpic platform will bring us to CFP, this partnership allows us to reach that goal quicker and provides additional revenue.
 
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