ZIP 1.51% $3.36 zip co limited..

Ann: Company Update, page-69

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  1. 1,816 Posts.
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    Yes commitments!

    Did you miss the statements in the recent announcements:
    "ZipTel has entered into an agreement to integrate ZipT IP into, and assist with development of, the Convo App, in return for share of revenue for 10 Years; "
    and
    "Mr Wallace will remain with the Company for the next couple of months to oversee the completion of the Convo App enhancements as per the terms of its agreement with Space Digital Media Limited. "

    This company's ability to develop quality software on time has been on display for all to see.

    Does the company have to rely on Wallace to oversee this work? Surely they wold have someone else who could do this! How much has Wallace negotiated to be paid for this?
    How long will it take to do this work, then fix all the bugs which appear? I an willing to bet it will be much longer than 2 months! Are they required to provide support for the application over the period of the agreement?
 
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