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News....two more go live....several more this month!!!
A 12 month guesstimate is based on several factors. At the present time there are a total of 5 companies using our API. There are presently 19 more companies that are under contract and in the process of downloading the API. Some of the companies are further along in the process than others, but I will be very surprised if we don't have more announcements very soon. Revenue projections should be forthcoming when MKGI attains a "critical mass" of companies utilizing the API (I will guess around 8-10 companies). After about a month of seeing the revenue derived from this "critical mass" of companies, MKGI should be comfortable giving an idea of future revenue which will be generated when all 24 companies are up and operating.
As this process continues the stock price and volume will gain momentum. Big investors and institutions have different criteria as to what they want to see before taking positions in MKGI. Some want more companies with travel agents. Others want to have concrete revenue projections. But as each institution begins to take positions this very low float stock will begin to rise rapidly.
If MKGI hits $5 it's going to $10. If it hits $10 it's going to $20 and so on. Once this engine gets going investors will realize that this company has traits that no other company in the travel space has and the stock price will begin to reflect that. Eventually when all of these companies are on board , this will be a revenue generating machine and they will be acquired at a very high multiple. These multiples seem implausible when talking about a stock that at the present time is $2. But if what I believe is in our future actually occurs, I believe a buyout price of $1-2 billion dollars is not out of the question for the only fully real-time booking travel company in the business. That equates to $100-200/share. Let's see what the next several months bring.
Well said...The presentations at the travel show in England has already produced significant results. I was expecting approximately five new companies to sign contracts with MKGI....they produced nine. I also believe the contacts they made at the show will produce new contracted listings. Time will tell if that assumption is accurate and how many listings MKGI will have to offer to these twenty four companies. Because of the consolidation already occurring in the travel space, I believe your guesstimate of a probable buyout of MKGI approximately a year after we are firing on all cylinders, is going to be accurate.
Good luck to all of us.
I 100% agree that as, further companies turn our API on, we will have a huge increase in revenue and visibility. We are a very low float stock and now that tax selling is done the stock price has rapidly appreciated, and we are just beginning. We still have 19 more contracted companies to turn on over the next few weeks, which will make us a major player. As more of our contracted partners turn on, institutions will begin to take positions in this stock and the volume and price will take off.
Adding to this upward pressure is the fact that during the period of tax selling in December, someone decided to aggressively short this stock. The total short went from 35,000 shares at the end of November, to 67,000 shares in the middle of December to 101,000 at the end of December. Since the end of the year this stock price has gone straight up on light volume not allowing for anyone to cover a short this large.
With all of these factors pushing up on the stock price, I believe we are in for a very interesting next several weeks.
NEWS....Contracted companies now up to 24 and counting. MKGI did very well at the travel show in Great Britain to land 9 new contracts. They now have 5 companies that have turned on the API and 19 more in the final integration phase. With the stock price nearly doubling in the last 5 trading days, things are really looking up.
I am addressing this response to you since this will be my only commentary on the current state of the company.
The stock price is COMPLETELY disconnected from what is actually occurring with MKGI
NextTrip .BIZ is operational and we will be deriving revenue from it.
We are presently at five companies that have turned on to our state of the art API and are doing business with it. We have another ten companies that are in final stages of certifying and turning it on. Since none of us are on the companies respective boards, any estimate as to when they finish their individual certifications are simply guesses. Any estimates Bill or Richard make are based on the amount of time previous companies have taken. And as we have seen, that varies from company to company.
So what do we know.
We have a real time functioning API that will soon be recognized as state of the art in the industry.
We have NextTrip . BIZ which will add to the revenue being derived from our API.
We have 5 companies already actively engaged in utilizing our API
There will soon be 10 more companies turning the API on.
I believe more announcements about future companies that may have signed contracts may be forthcoming. I believe MKGI was well received at the travel show overseas.
So the basic question out there is whether this is a good time to double down due to the stock price. I, personally, am in the process of trying to move other assets in order to free up cash to do so. I think one day very soon when the tax selling is done, and there are only a few days left that tax selling can occur, this stock price will begin to appreciate aggressively. I selfishly hope I have time to acquire more at these levels.
As more companies turn on, MKGI will be able to begin to give revenue projections. These announcements are what we've all been waiting for. Merry Christmas
As I said yesterday MKGI had an excellent presentation and judging by the volume this morning, they had well received one on one meetings. As soon as the tax loss selling is out of the way and especially, when more companies finish their final certification,
this upward trend will really accelerate.
MKGI just finished presenting out in California...excellent presentation .... go back and listen...
Now that the holiday week is almost done, I believe it's time for the pre-Christmas rally to begin. My Christmas wish list is long and varied, but as it pertains to MKGI the following is my wish and guess as to what happens these next four weeks.
It appears the company is still confident that there will be upwards of thirteen additional companies finishing their internal credentialing process and turning on our API and starting business.
When this occurs the rapidity of new announcements will pick up dramatically. Investors and institutions are all waiting for a
"critical mass" of companies to be on board with us so that projections of forthcoming revenue can be made. I know you've heard this before, but that time is almost here.
Once additional companies are utilizing the API, bookings and hence revenue increases. And this R word is what EVERYONE is waiting for.
Good luck to us all and let's hope we all have a rewarding holiday season.
Increasing our visibility by presenting at these various conferences will eventually not only increase the stock price, but also the volume. That will inhibit the ability of any short to manipulate the stock price. MKGI just announced another conference on Dec 4-6. We are really close to more company announcements and this will only enhance its effect.
Hopefully we are beginning to see new buying coming from the Roth Capital conference. Let's hope it continues.
The short interest in the stock increased from from around 28,000 at the end of Sept to about 44,000 at the end of October. Let's see how long they can try and put a lid on this stock price. We still have many new companies that are due to finish their credentialing process soon. When they do, announcements will be made.
That fact and the new investors coming on board should begin to put pressure on whoever is shorting.
Good luck
Feedback from institutions center on their belief that initially commission based travel agent bookings will be a main driver for accelerating revenue in the weeks ahead. With over 300.000 travel agents spread out over the 15 companies expected to be live in the next few weeks, revenue and hence institutional interest will be accelerating soon.
Corporate update
Good synopsis
The technology conference is sponsored by Roth Capitol so I would expect not only for them to begin to be more active with this stock, but also expect MKGI to have several meetings set up with attendees at the conference after they finish presenting.
All companies progress at their own speed, but they are still planning on 15 companies being on line by the end of the year. I agree with you that we should see several announcements soon as they finish certification.
Hopefully today was the bottom and we see those reports of that elusive revenue as these several companies come on line.
Good luck to all of us.
Roth Conference on Nov 14 announcement this morning. Roth will be an active investment banker as MKGI continues to grow. This is something we have never had before.
More companies will be finishing certification any day now.
I would not be surprised to see some additional news releases this week or the next. The next companies to download our MKGI's technology should be about due to turn it on.
Roth Capitol is prohibited from being a market maker for a period of time after the offering closes(I believe two weeks). That timeline should be completed soon.
If you are an investor that has held on this long our time is almost here. If any investor wants to be a doubter that's their choice, but sit back and see if this does not all come to fruition.
I guess time will tell who is correct about what effect working with Roth will have. As far as the market always being correct in its assessment of relative value of a company, I believe the fundamentals involved with this company will eventually be realized.
Has this stock price been painful? A definite yes, but let's see what's next. I still believe your original assessment of what will happen when the upcoming revenue stream is realized is correct.
Good luck
I agree that we will be at least $10/share by the end of the year.
If that is going to be true, why do I consider this stock sitting at $1.70/Share to be such an excellent buying opportunity?
There are several reasons:
1) We finally have a product that works and that other companies want! Rumor has it that the first of the companies to integrate our software is extremely pleased at its capabilities.
2) Our new working partner, Roth Capitol, will be a much more active helping hand than what we are used to. I fully anticipate them opening the door to many new investors over the next few weeks. Their technology conference, that we presented at last year, is in mid-November this year. I fully anticipate we will be invited to present again. In addition, when we are introduced to their clients, we will have many new investors which will be taking positions in our company. We have had the same investors in this company for the last few years and it's time for new blood and new money to carry us forward. Not being on Nasdaq before limited the buying when new investors were presented our story. That's no longer a problem.
3) If our product works as well as I believe it does and with at least 15 companies being on board by the end of the year, revenue will definitely be pouring in. Once revenue is announced a cascade of things will occur. Every investor wants to see revenue and when it starts in earnest, research reports(buy ratings) will not be very far behind. Once serious buying starts in a company with only around 10 million shares in it, $10/share and more will certainly be attainable.
Those buying at these levels will look back on this as a great time to either initiate a position or increase what they already have.
Good luck.
I am very happy to have Roth Capital Partners working with MKGI. Money was needed to help fund the integration of the various companies initiating their working relationship with us. This money will be recouped many times over once the revenue from the integrations begin to roll in. But upfront funds were needed to help bring these companies on board. There will be at least 15 companies doing business with us by the end of the year. I can't think of a better investment banking firm to help open doors for us than Roth Capital. They will open doors for us that that were not available to us before. This is a very big step.
The stock overhang appears to be about gone. I believe one day we'll wake up and the volume will suddenly take off as investors realize that this stock is finally ready to explode. The API is functioning well as is the dot BIZ part of the company. I believe there will be a steady stream of positive releases for the next several months as this company ramps up. We are in business and it's only going to grow as more businesses come on line. Their software is working so well that the techs are now working at downloading more properties
(increasing there already robust total of 1.1 million real time listings). In addition the remaining techs have formed a "help desk" to answer any questions the companies and travel agents may have.
We are there...enjoy the ride!
Good morning Scott....I know it is close. The start of revenue is something we have eagerly anticipated for a long time.
Good luck
From the little info I have, I would say yes. I do know that as each company comes on line with the API, we will normally not have the name of the company announced. The opinion of the MKGI board is that there is no reason to give the competition a list of all of our business partners. Frequent announcements will be forthcoming, but it may be difficult to say exactly when MT turns on. But I firmly believe there are a lot of companies in the process as we speak. Who turns on first, I certainly don't know.
If I am reading the last 8K posted yesterday correctly, NASDAQ has accepted MKGI's solution to not being in compliance with the amount of shareholder equity. The switch of debt for equity done by MKGI has satisfied NASDAQ, which is excellent news. Now with the API being integrated and certified by several companies by the end of next week, revenue streams are just around the corner.
New board chair and API transactions will begin in Sept 2018
The API is in the process of being uploaded by several companies. NextTrip.BIZ is being well received. Revenues will be forthcoming when companies make these products full operational.
An 8K was released showing that the company took out a loan from the Don Monaco Trust for $200,000 to handle cash flow until revenue starts in a few weeks. The pay back date on the loan is for the end of September. This says to me that a member of the board of directors and the largest shareholder in MKGI has enough knowledge of what's happening with this company to loan additional funds to it for operating expenses while we wait for the revenue streams to ramp up. The maturity date of the end of September indicates the ramp up is not very far away if they are planning on being able to repay the loan in two months or less. It may have been a rocky road to get to where we are today, but the future of this company looks pretty darn good.
Be my guest, but unless you think the finished API being integrated into 12 companies and the dynamic pricing booking engine finally being completed aren't worth getting excited about , then I really don't understand why you have waited around this long. These two milestones are what we have been waiting for. Once fully integrated the long awaited revenue starts. Once that starts research reports will follow and then institutional support will start. If you want to live in the past be my guest. I personally am very excited to see what's next for those of us who have waited. Now good night.
Or you could possibly actually have some skin in the game instead of sitting back and taking shots. Has it taken longer than any of us wanted...yes. But now that the API is in the process of being integrated by 12 different companies, one would be less than intelligent to dump their stock now after waiting this long. The short position in this stock is still fairly small, so I guess if that is the direction you want to take, go for it. I wish you luck.
We have all been waiting a long time to finally be in business. Now with NextTrip.Biz, our API and MBE all being released and fully operational, that time has come. Congrats to those of you still here. Now we sit back and wait the couple weeks needed for the participating companies to integrate our products and then revenue finally starts.
Game on!!!
When the API is released we will have a fully operational company. Combined with the recently released NextTrip.BIZ, and the fact this is a low share volume and a low float stock, this could REALLY get interesting. We just need the release of the API and it's subsequent integration into the various companies already waiting for it"s release. Hopefully we will not have to wait much longer.
Now that the 4th of July holiday is over, let's hope that the announcement train can soon begin. It would be nice to find out about progress on the API and any other developments in the company.
When the API is finally released it will be "game on". Let's hope we don't have to wait much longer.
As I said before this .BIZ addition is going to be a really big asset for MKGI. And this is just the beginning
Another good day. Two days of 50,000 plus shares in a row. The stock price is rising and hopefully announcements will begin as soon as progress warrants. Let the ride continue.
Granted, we are all anxiously waiting for the release of the API, but I don't think people realize how important the .BIZ release will end up being.
Judging by the stock's price action, word must be getting out that things are moving behind the scenes. Hopefully announcements are forthcoming soon.
Nexttrip.BIZ goes fully operational next week. This could be a very exciting month with the API being released soon. Those of us that have been here for a long time are really going to enjoy this long overdue ride.
Good luck
We begin June tomorrow and I firmly believe that a lot of progress will be made this month both in the completion and distribution of the API and in NextTrip.BIZ beginning to gain traction.
Good luck