DoMark International Inc. (fka DOMK)

[jamboy]

The $300,000 licensing payment is a capital payment, not from P&L.
The company's overheads are approx. $600k a year, not $1m a quarter. Site operations are covered by Monetizer101 who split net revenue with Domark. The media owners now signed with Domark provide an audience of 14million in Canada alone.
If 1% of 1% of that audience make an average purchase daily then Domark makes net net well over $1million yearly. As Simbadeals expand across US the net to Domark will be over $10m a year. Simbadeals is a no brainer for media owners. At no set up cost other than self promotion they get a whole new revenue stream they split with Domark. In the UK the Daily Mail makes $160million yearly clear net profit from their online shopping site with 3% of their online shoppers making an average purchase of $100. If Simbadeals does the same in North America its annual profits would be $30million a year plus and its market cap on 20.0 PE would be $600million or £1 a share plus.