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thanks for sharing. Still wait on the spac to take us out and...

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Just_a_guy

5,420 Posts.

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24/09/21

14:30

Post #: 56327641
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Originally posted by User05: ↑

From my contacts in the US moving industry:

Updater is a very small entity of a large partnership bidding on the US Military Contract and not known by the other bidders. No award has been given yet. However, I have been told that if the previous account does not win it, lawsuits will be delaying it further because they have a strong case. Note, the previous winner and front runner, is not partnered with Updater.

Regarding Dolly, this was a necessary purchase since most of the van lines in the US will not work with Updater and cancelled their contracts with MoveHQ. These van lines look at Updater as a competitor (a data grab) and are well underway in developing tools, technology and relationships to compete against them. Updater is just a middleman in the entire move process, and I’ve been told, made a huge mistake not partnering with the major carriers in the states.

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thanks for sharing. Still wait on the spac to take us out and get my money out before th house of cards collapses

UPD Price at posting: 99.5¢ Sentiment: Hold Disclosure: Held
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