Major US Brands - Amazon etc - Binding MOU with Looker, page-91

First 91 Last

Share
Profile

Follow
peppers01

276 Posts.

11

11/07/18

21:36

Post #: 34286592
Share

Originally posted by BushChookSlayer ↑

OpenDNA's AI tech is disruptive to say the least. I have had a chance to get a demo of their Synapse product and it is worth seeing before knocking this company or its management team.

Before jumping into how they make their money, you need to first understand their technology.

They have an AI system that helps businesses build detailed profiles (personality, behavioural and interest) on their customers. These profile data can then be used in real-time using OPN's tech to then personalise the business's customer's experiences WITHOUT violating the customer's data privacy. The customer on the other hand will get to see the entire profile data in real-time as well and can manage it and control it. Personally, I am not aware of any other company offering anything like this. We were told at the AGM that the patent for this technology should be approved later this year too.

This enables the business to have multiple revenue models.

One primary one being that once a company powers their business systems with OPN tech then the business pays an ongoing license fee which is a combination of user numbers (customers) and the number of times the customer interacts with the business. For example, if the business has 1M customers and each customer visits the business's websites or apps 10 times per month, then OPN will charge a license fee for 10M sessions... per month! If a session price is $0.0045 (based on their earlier docs) then this would amount to $45k per month!

The other way that the company generates revenue is by charging businesses for implementation. This amount can range depending on the work needed.

The other thing to note is that their management is very approachable, they are happy to go through their technology and business model in detail. Have you guys thought about reaching out to them? I have spoken to them several times to voice my concerns or ask questions, I have also met with them in person, every time they have been great to deal with. You will not find this in other businesses.

This is aimed at nobody in particular, but you have to be very suspicious of anybody that creates an online profile just to talk down about a company they don't hold, make of that what you want.

Expand

Yeah, a while back, I reached out to them and asked them why their expenses/ ops costs were so high for no return.....and when they expect to generate some revenue......still waiting for a response!!

If you cant respond to that as a company then that tells me management are bleeding it dry to benefit themselves, if not then respond.

DYOR

Last edited by peppers01: 11/07/18

OPN Price at posting: 4.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Yellow wonders: 3 global uranium companies to add to your watchlist

AXN

Rising demand, China's 'tech war' bans leaves this germanium explorer with significant investment potential

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

There are more pages in this discussion • 10 more messages in this thread...

First 91 Last

Add OPN (ASX) to my watchlist

(20min delay)
Last 0.6¢		Change 0.000(0.00%)		Mkt cap ! $6.775M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Major US Brands - Amazon etc - Binding MOU with Looker, page-91

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Yellow wonders: 3 global uranium companies to add to your watchlist

Rising demand, China's 'tech war' bans leaves this germanium explorer with significant investment potential

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Featured News

Featured News

Major US Brands - Amazon etc - Binding MOU with Looker, page-91

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Yellow wonders: 3 global uranium companies to add to your watchlist

Rising demand, China's 'tech war' bans leaves this germanium explorer with significant investment potential

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Featured News

Featured News