RE: RNS7 Mar 2019 07:26
The stand out bits for me in that rns are as follows
Brand Factory is a household name in India, generating revenue of c.£188.5m in the last three quarters, so their decision to work with us to provide the new online platform, is a huge validation of the capability and scalability of our technology
Upon delivery of the platform, the Company will issue FLFL a non-exclusive, non-transferable, and non-assignable license to FLFL. FLFL will not acquire any other rights or interest in the platform, the technology or intellectual property
Both the one-off payment and the maintenance fee are expected to be profitable for the Company.