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As of 7/15/19 our short seller continued to dig a deeper hole to climb out of. The short interest increased from 142,000 to 154,000.
It seems to be increasing about 12,000 every two weeks.
When revenue begins to increase as our new mega partners begin bookings, it will be interesting watching our resident short scramble
Good luck
The 200 million shares of VRUS stock will end up being a nice addition to our bottom line. Between our ownership of VRUS and BETW stock, we have a nice cash reserve.
It's now just a matter of time before our contracts with the mega companies start to have our desired effect. I would not be surprised to have another large company turn on in a matter of days
Good luck
We eventually will be bought out. Our buyout price will be much larger if we have a few solid quarters behind us. Give it 9-12 months from now and it could be a real possibility.
Nice purchase
yep.... eventually a short position has to be covered
Yes it has been frustrating to watch the ask being lowered every few minutes. Whoever has been shorting the stock has raised his short to just under 142,000 shares as of the last reporting period. He's still betting he can keep this stock from going up. So far he has been right. The less than stellar 10q helped, but I still think, as these mega companies come on line, he eventually will lose his bet.
I just hope we don't have to wait too long for that to happen.
We are days away from another mega company turning on our API, with two more mega companies right behind.
Partnering with companies of this magnitude has to have positive results.
Good luck
mid Oct...quarter ends Aug 31st
OK... now that the 10K and the 10Q are out, where does that leave us? Now everything I am going to say is conjecture on my part, so take it all with a grain of salt.
I firmly believe the company decided a few months ago that while having many small companies involved with MKGI was nice, the real revenue would only occur once mega companies became involved.
The 10k was for the time period ending the end of February.
The 10Q for the time period ending the end of May.
MT came on board the first week in May, and the latest mega company start last week.
Revenue, I believe is only counted when travel actually occurs and not when it's booked, so for all practical purposes we have not had time enough for us to see revenue derived from the mega companies turning on our API yet. I think of the 10Q, while certainly not impressive, as a demarcation point between business with small companies and the era of business with the mega companies.
I think we've seen the last poor 10Q as the business ramps up. If you read the last announcement, the last company to turn on our API does hundreds of thousands of bookings per month. I can't believe doing business with multiple companies of this size won't have a beneficial effect.
I really wish a conference call would be in our near future. Additional clarity about our future would certainly be welcome.
Good luck
I said earlier today that this announcement was not as sexy as MKGI would have liked. After rereading it they did say that this company, while being the largest so far that we partnered with, also went on to say this company did HUNDREDS of THOUSANDS of bookings /month.
If we get a piece of THAT action, it will be huge for us.
Good luck
Be disappointed if you so desire. We all wish this stock to be a high flyer. I personally still believe it will be.
Investors and institutions are apparently waiting for our revenue and earnings to begin their upward trajectory. For all we know it has, which is why a conference call explaining how things are going would be of great benefit.
We are in the summer doldrums, but large companies are continuing to initiate business with us. Revenues will increase. We just have to wait
And I would not be at all surprised to see a conference call in the near future
This announcement is not nearly as sexy as MKGI would have liked to make it. We have to remember that these large companies have to approve our announcements. Since we are "white labeling" our portfolio of properties to these large companies, we have to be less informative than we would like. Remember, when we white label, the company turning on our API can claim the ALR properties they are utilizing are directly contracted with them and not through us. It all has to do with competitive advantages, etc.
The important thing is a huge company will now start incorporating our contracted properties into their thousands of bookings every month.
Huge news
This is the second of five very large companies coming on board shortly. This company turning on our API is a significant milestone
This is a huge company
The prolonged waiting is frustrating for us all. I agree we just have to hang in there. It is becoming more evident to me with every passing day that the mega companies do nothing quickly. That fact is born out by how long it took MT to finally finish their process.
Now we have several mega companies coming on board in the near future. Supposedly, one of them is very close. These companies are supposed to dwarf our present partners. (even larger than MT)
So, what do we know.
MKGI is doing business.
Their API works very well.
They have a large portfolio of instantly bookable properties, that will probably increase in size in the near future.
They not only have several mega companies finalizing their process of turning on our API, but are continuing to market to an ever increasing number of companies wanting to enter this travel niche.
Eventually, we will wake up one morning and the investment community will decide that the day to take a large position in MKGI has finally arrived and these stock prices will be a thing of the past. That day is coming. I just wish it would hurry up.
Good luck
We are in the tentative final list for the Russell Microcap. It becomes official on 7/1/19
I've had some experience with stocks that went through inclusion in the larger Russell funds and normally there would be a block of shares listed just after the close. The Russell technology fund is smaller so, of course, the block of shares would be correspondingly smaller, but I was expecting a larger block than 11,000 after the close. I guess you have to walk before you run.
If we were included, that is VERY good news
The board member appointments was something requested by Nasdaq to fulfill one of their requirements. The two candidates they chose were excellent choices. Even though things seem to be quiet right now, the company is growing quite nicely. If you haven't already done so, you might want to jump on. I firmly believe the ride will be an exciting one.
Good luck.
Go back and review several of the latest posts over the last few weeks. That won't take long.
Mark Travel(Tricept) has turned on at long last bringing with it about 100,000 travel agents bringing our total number of incentivized travel agents to about 250,000. We are presently waiting for several very large companies to turn our API on.
And with the companies we are already working with, we are waiting for MKGI to announce that the booking and revenue levels are rapidly increasing.
That is a brief synopsis.
Good luck
10-K released and 2019 year in review
FYI...our resident short is still doing his best to influence the stock price as evidenced by the short interest increasing another 14,000 shares this last two weeks. Hopefully the announcements these next couple weeks will illustrate that there are better companies to spend his time shorting.
Does everyone realize that MKGI owns 200 million shares of VRUS, which the last time I checked was trading between 2 and 2.5 cents.
That's 4-4.5 million dollars.
This is a just one of the positive things that are happening with MKGI. MKGI's present price range will soon be a thing of the past.
Good luck
The exercise price is between $2 and $3.
I have no way of knowing if they actually are exercising any of their warrants. I believe they are all done selling their actual stock.
Why would a company invest in MKGI and then sell their stock?
Apparently some companies make this their normal operating procedure. They invest, then sell the stock and keep the warrants in case the warrants prove to be a big winner. They then go out and do it all over again to another company. That way there money is not tied up and they essentially obtained the warrants for nothing.
That's why in our last round of financing NO warrants were involved, because MKGI's management were smart enough not to let this ever happen again.
Once increasing revenue is reported there will be a spike in volume that will eradicate the past actions of these two companies. Don't worry, that time is almost here. I firmly believe we are talking weeks.
Good luck
Retirement is correct. Sabby and Hudson Bay sold their stock after acquiring it in the fund raise at the end of last Sept. Sabby sold almost all of their stock late last year and were a main reason for the stock nosedive at the end of Dec.
If they are exercising their warrants the company is getting operating capital to finish credentialing a few large companies that are getting closer to turning on our API.
If they want to sell, good riddance. There will be plenty of institutions and funds that will take their place as MKGI begins to increase their revenue streams. Use this stock drop as a buying opportunity. Our time is almost here.
Good luck
Now someone more qualified to give you "bottom line" answer (ie-Thor) will probably respond later. But for me, I'm not planning on selling until this company more closely approximates the future that's in store for it.
It all comes down to when does MKGI begin to generate the levels of revenue that it's business model predicts it will.
In a short period of time we will possibly have 250,000 travel agents with a financial incentive to utilize MKGI's list of properties.
WE already have a few multi billion dollar companies utilizing our API with several more close to finalizing the credentialing process.
We have 2.6 million properties on an instantly bookable basis.
Now when all of these companies are fully assimilated and if we approximate the travel space average of 20 per cent of the travel space bookings being ALR properties, this will be a HIGHLY profitable company.
In addition, management is still negotiating to bring additional partners and additional properties into our portfolio.
If I was to look into a crystal ball I would not be surprised if MKGI was acquired in a couple years. A billion dollars would equate to around $100/share. If we get big enough by following our present course it might even be a multiple of that.
Now that would require getting this business model to a mature, high revenue producing status, but it's possible if things break right. But I've waited this long, what's another year or two.
Excellent math aptitude Thor!
The companies presently doing business with us will eventually make MKGI highly profitable. If we stopped adding new businesses right now, we would soon have a rapidly increasing stock price.
But they haven't quit adding. Many of the companies that will possibly be coming on board are potentially bigger than any presently doing business with us.
We are in the sweet spot in the travel space. The ALR space is presently maintaining an approximately 20 per cent market share in all future travel bookings. If we maintain anywhere close to the average when we are fully integrated, the revenue streams will be truly impressive. With very few employees and relatively low overhead, most of the revenue will transfer directly to the bottom line.
The ride should hopefully begin soon. Don't jump off too quickly.
I agree. Load up during this consolidation. I am guessing things start heating up next week.
Good post. Your estimates are seemingly exaggerated, but in actuality, they are very conservative. Trisept/Mark Travel/ Apple Leisure is a $12 billion dollar company with approximately 100,000 travel agents. Several of the companies, that are in the process of turning on our API, dwarf Trisept, so that future estimates of revenue coming to MKGI in the near future are multiples of your very impressive estimates. Those who buy here and hold and allow these projections to come to fruition will, I believe, be handsomely rewarded.
Good luck
Haven't heard an updated figure, but the growth has been impressive and the really big companies are just now beginning to come on line. This upcoming ride should be fun as they begin to fire on all cylinders.
Today should have been a consolidation day after yesterday's move on large volume. It started off with some follow thru buying to drive the price into the 3.70's, but the volume didn't continue and the stock price dropped back to 3.60 where it sat for most of the day.
Then right at the end of the day someone dumped about 7000 shares on a quiet stock and knocked the stock price down 25 cents and followed up by "painting the tape" at the very end of the day to give the impression of weakness.
This stock is anything but weak, but we've had an increasing short position these last few quarters. They are not just going to go away. But this stock is, I believe, on the verge of initiating business with multiple large corporations, in addition to the companies they have already announced. MKGI is close to being a major player in the travel space.
Sustained increased volume and steadily increasing share price will eventually prompt this short to cover and seek greener pastures somewhere else. Until that time we will have occasional days like today, but in the long run this stock will be a home run.
Good luck
Great find and great news. Most analysts resist being the first to issue a rating for an up and coming company. Now that the initial analyst has done the company "modeling", I agree, more will follow.
Most retail brokers resist being heavily involved with a company until after their respective analyst issues a "buy" rating. The momentum continues.
Good luck
Well, as of the end of March the short interest as increased another 29,000 shares to a grand total of 117,000+ shares. The hole they are digging keeps getting deeper. Now with Mark Travel/Trisept/Apple Leisure turning on yesterday, and bringing with them 100,000 highly motivated travel agents, I don't understand betting against MKGI. These travel agents receive a much higher commission by booking travel using MKGI's list of properties than with any other property list. In addition, as additional huge companies come on board in the near future MKGI is going to become an ever increasing force to be reckoned with in the travel space.
Good luck
Most of the recent buying has started mid morning as the west coast investors get out of bed and have their coffee. One of the major reasons for the recent stock fund raise was to get more brokers and retail investors involved. Judging by the volume since the fund raise, it worked. We needed new investors with new money to drive the stock price.
Now when we go to do presentations, we no longer have to answer the ever present Mark Travel question. They have turned on! Which also means they bring their 100,000 motivated travel agents with them.
Once this news release sinks in to the big money investors, this stock will regain its momentum. THIS is HUGE news.
The big west coast investors are just getting up. If you have any powder left it might be a good time to jump in further
I agree. Let's hope you're being conservative.
Nice week. I firmly believe this is only the beginning. If the next news releases are as big as I think they will be, these prices will be a thing of the past.
The momentum certainly looks good.
Good luck
You are correct in saying that it takes upfront capital to finish the credentialing of the various companies hooking up to MKGI's API.
You are also correct in assuming the huge companies require more funds to finalize the process. With this last fund raise, in which the insiders invested hundreds of thousands of dollars, they will have enough to bring several large companies to the finish line. For those of you waiting for insider buying, I guess this comes pretty damn close. The credentialing process appears to be very close to completion, so hopefully news will be forthcoming soon.
I don't believe the stock price will be in this range much longer
Good luck
Excellent post.
Not only will other huge companies want to contract with us, but eventually we will see companies begin to realize that simply acquiring us will be the easiest way to become a major player. If a well bankrolled major player were to acquire MKGI's instantly bookable API technology they would instantly be a force to be reckoned with. Then add to this technology the 2.6 million properties presently under contract, with the possibility of further adding to their property list as time goes on, and you are left with a real competition for the AirBnB's of the world.
Sit back and enjoy what is hopefully on our horizon. I expect it to be well worth the time we have waited.
Good luck
short interest
4/15/19 88,468
I will be very surprised if it's not currently higher than this number when the new short interest totals are published in two weeks