Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] VLB - The Ultimate Blockchain Fuel for the Vehicle Lifecycle Industry
by
VLB_token
on 30/11/2017, 21:16:26 UTC
Quote

Maybe because their business in Russia is unprofitable? I found this data in russian group. All the information is verified.

During 2016 (the company was established in mid-April), they have accumulated 50 million Rub loss (860000 USD), which is interesting as at the same time the revenue from operating activities has come to 3 million Rub. (50000 USD) with the cost of 18 million Rub. (310000 USD) production. It turns out that Oscar Hartman is such a ‘great’ businessman that he easily generates losses and attracts investors.
The reviews on the service Carfix deserve a special mention - http://otzovik.com/reviews/avtoservis_carfix_russia_moscow/
All reviews are extremely negative and you shouldn’t be surprised - according to the user agreement, they are not responsible for anything, except for the smooth operation of the application (paragraph 2.4).
The information provided by Carfix is a basis for building the blockchain, but they don’t have any contracts with official car dealers, banks, insurance companies (according to the information from the Carfix website and vlb.io). I don’t have a clue how they are going to build a global system. Do you?
Carfix was founded in April 2016. Since that the company became bigger 15 times. If it was unproffitable it wouldn't be impossible. It is a really working business with a gross sales of 1mln usd (November 2017 info).

We have a partnership with VW and Sberbank insurrance, that is noticed on VLB website. As well as some other partners like Uber, QIWI, etc. You can check this: https://carfix.ru/landing/uber as a proof of partnership with Uber.