New to The Street TV interviews Mr. John Ricci, Chairman, CEO, and President, Danavation Technologies Corp. (OTCQB: DVNCF) (CSE: DVN). Talking with TV Anchor Jane King, Mr. Ricci updates this Canadian-based Internet of Things (IoT) technology and smart label company. He talks about the Company’s recent business in Mexico from a relationship with Unoretail that installed Digital Smart Labels™ into Impulsora, Mexico’s largest electrical and lighting equipment distributor. The partnership with Unoretail represents Danavation’s first entry into Mexico. John explains that the best way to enter new markets is to find locally established and trusted businesses, like Unoretail, that easily roll out products into their established markets. He talks about a similar relationship for product roll-out in Bermuda. Finding synergistic relationships in new markets offers the Company the ability to grow its smart label business. John introduces Company’s new Digital Smart Blade, which can give retailers a marketing tool that offers air-time fees on promoted brands, update brands and promos, and changes prices during peak buying times. Because the blade is 2-sided, retailers can offer more products, making more revenues. For more about their DSL solutions, go to the Company website, https://danavation.com/.
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