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If you sell at this low price its up to you, price will be in the likes of 7p soon again
The only people who are good at sales are the MM, they get everyone to sell and then raise the buy price up quickly. LOL
News due soon, don't get caught out....!!!!
And quite simply it takes time to get any companies to buy in and set up using such a system. People expecting things to happen the next week?!?! I think news is due now and hopefully we’ve got a few companies keen to crack on.
Sales managers get steady basic salaries and then a significant sales bonus usually.
But you’d imagine they’ve had plenty of interest and their consortium has a big city boy think tank involved who have big clients themselves.
Furthermore, VSTE enterprises have provided no market update for over three months. Their product is a track and trace. They don’t use blockchain tech for security. We’re initially targeting different markets also.
CTEA has a tiny market cap. They don’t need masses of sales to justify and increase that? They’re not apple rolling out the whole country. Some solid and select employers across the UK would be a good start.
People unrealistically expecting hundreds of clients. Some absolute folly being mentioned. Why aren’t we paying someone £100k in sales? Doesn’t understand nano-caps.
Already interested parties will be being onboarded now. A sales manager will simply follow up newer enquiries and spread the word.
The need is clear, CTEA's solution is perfect - Also GDPR will be a real concern for large organisations and this is a safe way of managing it around COVID
yes, us lot on here are talking about millions of sales, companies, governments etc and they are hiring a £30 -40k sales manager. Like the trials with Botswana and Newcastle sounds all a bit cheap to me. If you were looking to make massive sales then you`d be employing someone on £100k who`d earn his wages back in a month.
I hope like someone else says a great sales RNS comes out but the delay means this isn`t going to plan and is reflected in the price but the facts presented above and the delay mean things aren`t looking good. Can all change with a good RNS but
looks less and less likely. £30 -40k dependent on experience !! to sell a multi national millions of product, FFS. Next they`ll be telling us they are moving premises to a bigger garden shed !
I agree, I actually bought a while ago because from a professional view point I saw the need for this tech and product, not just in COVID times, but also in the future. I'm still a buyer - the tech is right and the time is right
As a reminder...
‘the commercial product is now ready to be rolled out across the UK and globally.
Guy Meyer, Interim Chief Executive Officer of Catenae, said: “I am particularly pleased to announce that the Cov-ID app is now market ready, well ahead of schedule. We are receiving enquiries about the app and are in discussions about local and international sales opportunities. The Company looks forward to informing the market of further developments.” ‘
The team are all respected individuals in the tech world and come with a reputation- they themselves will be opening the doors and developing global business. A small sales team member in addition to their sales team is not going to be solely responsible lol - its a support role.
IMHO DYOR GLA
As a reminder...
the commercial product is now ready to be rolled out across the UK and globally. Guy Meyer, Interim Chief Executive Officer of Catenae, said: “I am particularly pleased to announce that the Cov-ID app is now market ready, well ahead of schedule. We are receiving enquiries about the app and are in discussions about local and international sales opportunities. The Company looks forward to informing the market of further developments.”
PI's will always buy and sell and the price will always go up and down, but you have to look at the company and see what they are offering and after watching the video i posted yesterday. I am confident they will release news soon and we will be back to the 7p to 8p range minimum.
The CEO said we have a lot of companies already interested in our product, so that means companies are approaching them to invest and purchase their product.
Good luck in selling, for the rest of us see you at the 9p to 10p range very soon
not exactly an international heavy hitter at "£30-40k depending on experience". Someone with the contacts and experience needed to open Government doors costs an awful lot more than that.
I wouldn’t sell up now if I was you - news can drop intraday at any time. MM’s playing as dropping the BID but won’t let you buy or take down the Ask.
IMHO DYOR GLA
I sold ages ago then it went up and I lost out on 37k and regret it as I had my shares two days before and held for weeks but there was no movement or talk. Now I am in I am keeping that’s for sure!! I suggest you do the same.
The company you talk of released that in early April so it can’t be doing that well as they appear to have not moved any further forward or indeed hit a wall.
Yes I sold my last few yesterday after reading the below blog, good luck to all holders, as a few if you will know I have been a holder since the music days of milestone
https://blog.vstenterprises.com/
In light of advert for Sales Manager and release of hospitality-id, it's clear the company has the tech and desire to address huge markets.
The ad for the SM has been too slow in coming. They should have identified this weakness in the team and invested months ago. Hopefully they get a quick and high quality hire. My gut tells me they thought it would be a breeze selling the products, but now they realise they lack the skills/time.
I expect an RNS, as with any other product release in the last few months, today. If we don't see this then assume they have as yet made no sales and are hiding from the market. This is a worry, but hopefully the new SM can start turning this around quickly.
It is a schoolboy error that there is no 'how to buy' section on the website. Again, another fundamental issue. BUT easy to address.
Today we either have 1) a weak product launch RNS, 2) a product launch, TU, and 'stenghtening team' RNS or 3) no news. Please let it be number 2!!! Number 1 may lower the SP due to absence of info on Cov-ID. Number 3 is as bad as number 1, but will go largely unnoticed. For AIM, RNS is key. Without it we will continue to slump. GLA.
Interesting bit on the 6:30 news re track and trace and concerns about usage of peoples data.
CTEA has the answer to that imo
Yes indeed. Although they obviously need to be bought by someone, what's interesting is there were similarly large buys v recently too.
Looks like there was some BIG SELLS yesterday.
Interesting thing about this is Alan Green runs a PR and investor comms company so I imagine Catenae have engaged them to help spread the word - he has done two interviews in three days on Catenae and won’t be doing it for no reason! In that case I’m sure they’ve agreed the messaging they want him to get across so I think everything he says should be taken seriously
You guys will be interested in this
https://www.prolificnorth.co.uk/news/coronavirus/2020/07/vst-submits-plans-get-sports-fans-back-stadiums-using-rapid-testing-kits. VST were discussed a mo nth ago.
https://shows.acast.com/uk-investor-magazine-flash-briefing/episodes/is-barclays-the-pick-of-the-uk-banks-after-results
CTEA analysis is last quarter of podcast. Explains the credentials of the people behind the App and where they think it could go including possibility of U.K. Gov taking it up- all very positive stuff imho
IMHO DYOR GLA
Let's hope they put an RNS out announcing it and provide a bit more info on what they're up to.
Wonder which they will be concentrating on cov-id or hospitalityId
They have just send out the job spec, need to get the sales guy recruited. Will take time..lol..