RE: Lenovo VR2 Oct 2019 15:44
The partnership with Lenovo is a license to use our already existing software which has taken 4 years to develop, also Dev and Lenovo have spent months together testing all the equipment to ensure it is fully intagrated.
Regarding revenue and these are completely made up figures mind you:- If the cost to each school was £50 per calender month to use our joint offering and say Lenovo got the lion's share (80% which I would expect) , we are left with 20% or £10 per school, per month. There are 6,500 schools this is going to offered to and say we have a 50% take up, this gives us revenue of £32,500 which would take us to break even. That's all well and good but there are over 130,000 schools in North America alone - do the math's on that but make sure you are sitting down first.
These are just my own thoughts and idea's so may well be a load of rubbish.