Anheuser-Busch InBev has filed a pair of lawsuits this week, including one accusing the company’s Texas-based energy supplier of price gouging during Winter Storm Uri in February. Symmetry Energy…
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Check out the Stock Day Podcast, where Jay Hutton (the CEO of $VSBY) discusses the huge joint venture with Grupo Modelo and Tech Mahindra agreement. Here’s a quick summary of what he goes over:
- Background of VSBLTY and what they do
- Advantages of having the AI in a retail environment (security, advertising, and optimization)
- JV with Grupo Modelo (runs 9,000 stores with ties to nearly 41,000 in the region). The plan is to deploy the digital network in many of those stores.
- Talked about the Tech Mahindra deal. Jay said, “we’re in a multi-year relationship where they basically eliminate the risk that we're able to get to the objective of this network, which in four years is 55,000 locations.”
- Finally, the revenue: 2021 bookings estimated to be around $15M-$20M with recognized revenue reaching $5M-$7M but 2022 booking estimates are set to reach $40M with recognized revenues of $25-$35M
Listen to the podcast here: https://www.newsfilecorp.com/redirect/Ery18u0kQP
The joint venture agreement with Grupo Modelo shows that the company has an industry-leading product in a relatively young sector. I expect this to be only the beginning as they continue to talk to new companies and grow the business. With a current market cap of $80M, I’m holding my shares as the company continues to execute their plans flawlessly.
Read more about the JV with Modelo: https://www.globenewswire.com/news-release/2021/07/09/2260717/0/en/VSBLTY-GRUPO-MODELO-RETAILIGENT-CREATE-JOINT-VENTURE-FOR-INTERNATIONAL-DIGITAL-IN-STORE-MEDIA-NETWORK.html
(CSE: VSBY) (OTC: VSBGF)
https://preview.redd.it/ufxhw3uyuta71.jpg?width=630&format=pjpg&auto=webp&s=fbd4870f1121ebce734271491a8e830dd305ed92
VSBLTY Groupe Technologies Corp. (CSE: VSBY) (Frankfurt: 5VS) (OTC: VSBGF) ("VSBLTY"), a leading software provider of security and retail analytics technology, along with Mexico's Grupo Modelo ("Modelo") (part of the AB InBev family of companies) and Retailigent Media have formalized an agreement (the "Agreement") to enter into a joint venture by the end of Q2 to install and manage an international in-store media network of up to 50,000 Modelorama stores and independent neighborhood bodegasin Mexico and across Latin America by the end of 2024, it was announced today. Active deploymentis already underway in Mexico, Colombia, Peru, and Ecuador with 5000 locations to be installed by the end of 2021.
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Check out the Stock Day Podcast, where Jay Hutton (the CEO of $VSBY) discusses the huge joint venture with Grupo Modelo and Tech Mahindra agreement. Here’s a quick summary of what he goes over:
- Background of VSBLTY and what they do
- Advantages of having the AI in a retail environment (security, advertising, and optimization)
- JV with Grupo Modelo (runs 9,000 stores with ties to nearly 41,000 in the region). The plan is to deploy the digital network in many of those stores.
- Talked about the Tech Mahindra deal. Jay said, “we’re in a multi-year relationship where they basically eliminate the risk that we're able to get to the objective of this network, which in four years is 55,000 locations.”
- Finally, the revenue: 2021 bookings estimated to be around $15M-$20M with recognized revenue reaching $5M-$7M but 2022 booking estimates are set to reach $40M with recognized revenues of $25-$35M
Listen to the podcast here: https://www.newsfilecorp.com/redirect/Ery18u0kQP
The joint venture agreement with Grupo Modelo shows that the company has an industry-leading product in a relatively young sector. I expect this to be only the beginning as they continue to talk to new companies and grow the business. With a current market cap of $80M, I’m holding my shares as the company continues to execute their plans flawlessly.
Read more about the JV with Modelo: https://www.globenewswire.com/news-release/2021/07/09/2260717/0/en/VSBLTY-GRUPO-MODELO-RETAILIGENT-CREATE-JOINT-VENTURE-FOR-INTERNATIONAL-DIGITAL-IN-STORE-MEDIA-NETWORK.html
(CSE: VSBY) (OTC: VSBGF)
https://preview.redd.it/gferhh6iuta71.jpg?width=630&format=pjpg&auto=webp&s=88c8ee1ea40279feef5d4dd67d941fa1c30b525c
Check out the Stock Day Podcast, where Jay Hutton (the CEO of $VSBY) discusses the huge joint venture with Grupo Modelo and Tech Mahindra agreement. Here’s a quick summary of what he goes over:
- Background of VSBLTY and what they do
- Advantages of having the AI in a retail environment (security, advertising, and optimization)
- JV with Grupo Modelo (runs 9,000 stores with ties to nearly 41,000 in the region). The plan is to deploy the digital network in many of those stores.
- Talked about the Tech Mahindra deal. Jay said, “we’re in a multi-year relationship where they basically eliminate the risk that we're able to get to the objective of this network, which in four years is 55,000 locations.”
- Finally, the revenue: 2021 bookings estimated to be around $15M-$20M with recognized revenue reaching $5M-$7M but 2022 booking estimates are set to reach $40M with recognized revenues of $25-$35M
Listen to the podcast here: https://www.newsfilecorp.com/redirect/Ery18u0kQP
The joint venture agreement with Grupo Modelo shows that the company has an industry-leading product in a relatively young sector. I expect this to be only the beginning as they continue to talk to new companies and grow the business. With a current market cap of $80M, I’m holding my shares as the company continues to execute their plans flawlessly.
Read more about the JV with Modelo: https://www.globenewswire.com/news-release/2021/07/09/2260717/0/en/VSBLTY-GRUPO-MODELO-RETAILIGENT-CREATE-JOINT-VENTURE-FOR-INTERNATIONAL-DIGITAL-IN-STORE-MEDIA-NETWORK.html
(CSE: VSBY) (OTC: VSBGF)
https://preview.redd.it/q9cudpfsuta71.jpg?width=630&format=pjpg&auto=webp&s=75d46c7fe6c3c8bee460458fe6b024e66bf6834e
