Geez GZ what are you doing to me here?? LOL. You're telling me that an unnamed source has told you that some unnamed heavy hitters are buying up big on some as yet unknown news. I think as a mod I am supposed to moderate that for unsubstantiated information.....but I am a sucker for a red hot rumour so instead I find myself half way between excited at this prospect and panic stricken that I am going to miss out. So I am adopting the Sergeant Schultz philosophy here. (I know nothing, I see nothing).
Notwithstanding all that, it isn't hard to see (based on what we do know) that the sky is the limit with 1PG if all goes to plan. IF Accenture adopt the 1PG platform as a standard and IF they are signed to the proposed revenue model of 2 bucks per employee per month then the Accenture deal alone represents 300,000 x 2 x 12 = $7.2mill p.a.. Of course monsters like Accenture will be few and far between. Red Bull and Destination Hotel (2 of the other signings) have 9,000 to 10,000 employees each. Simon Hinsley was emphatic that I should be clear that 1PG have not signed Foot Locker but only their subsidy Champs. Still, if it works out for Champs you would think 1PG would have a foot (no pun intended) in the door with Foot Locker. They have 44,000 employees. It isn't hard to see that in time, if 1PG is adopted as an industry standard HR tool that there could be several hundred companies on the books with maybe 10, 20 or 30 million employees in total...each representing $2 a month. You don't need to be a genius to do the math and work out that 1PG may eventually be a multibillion dollar company.
The only problem is the couple of "IF"s that I have mentioned. Nothing ever seems to go absolutely smoothly so I maintain my watchful careful approach. I am cautiously optimistic.
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