So since inking the Classic Funding collaboration a fortnight ago, 11 of our existing (but Telstra-generated) customers have immediately re-contracted, and 4 entirely new contracts have been signed - for a total of $375,000 in contracted revenue.
And cash flow has recommenced, with $75,000 of that already in.
It is expected that this rate will ramp up over the next few months as the Company focuses on re-establishing the contracted customers from the previous Telstra engagement.
Excellent!
In just a few days, that is 11 of how many in total???
Good to know too that CRO's PoolBox work continues to grow, even as the business is expanding into whole other realms: "...This month alone, Cirralto has completed two modernisation projects with a National Sunglasses retailer and an Electrical Appliances retailer."
The Company will continue to provide regular updates during the current period of transition to the enhanced customer engagement model.
