Does it mean much? Or mor importantly make them any money
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Is this company: http://compass-group.co.nz/ ?
We don't know the details, but I'd start here http://www.compass-group.com ... they are another huge global brand.
NZ Compass is in the family of Compass Group, see http://www.compass-group.com/food-services.htm. There is a column "World Compass" on the right of the page.
One of my friends used to work in Compass NZ. The company provides food service in NZ hospitals.
Getting really sad, isn't it?
A new name appears on a PR release and a whole kitchen is made out of a clay pot!
A bit like Feltex showing on its PR release that Tongan government is a customer. Wow!
One thing is for sure with this backdoored entity - if Compass were a substantial client, it would have been announced with gusto and fanfare to lay the ground for a few more shares to be fed to the eager punters.
That may be the case however it seems less likely than targeting Compass Group's Consumer Brands.
Compass are truely huge, they are listed on the FTSE with 2015 underlying earnings of almost 18 billion pounds and profit before tax of over 1 billion pounds. VMob has a natural fit with the "Consumer Services" brands as logic suggests these are a good fit with VMob's platform and focus on Restaurants & QSR (quick service retail) and Convenience Stores.
I'm looking forward to finding out more, you can see the potential in these:
Compass-owned brands include:
• Amigo - grab and go convenience stores
• Outtakes - convenience food vending stores
• Caffè Liscio - premium cafe style restaurants
• Deli Marche - continental style deli cafe's
• So Deli - sandwich style deli cafe's
• Mama Leone’s - pizza & Italian restaurants
• PUUR - restaurants
• Zona Mexicana - mexican restaurants
Compass also have a huge line of business supplying food to universities and hospitals, which may also be a fit for VMob, though the student demographic seems a better fit.