Crednology Holding Corp (fka COHO)

[mdm92]

That's because there wasn't a change in direction recently. Kalypso was the change in direction. They helped put a new plan into place at the end of 2014/beginning of 2015. They decided that the old model wasn't going to get them where they wanted, and they were willing to take the revenue hit to start a new model. The first thing that came from it was adding the attorney Bert Oliver. They then entered into several new partnerships at the end of June along with a beta test for their commercial. My guess is the beta test didn't go well enough to go forward with a full on commercial. Cost vs ROI wasn't good enough. The revenue from the partnerships haven't hit the books, but could start showing up on these financials, I don't expect much out of them yet though. The latest deal he was working on was going to start out adding around $20k/month in revenues and by the end of the first year over $200k/month. It won't take much to double or triple revenues once it starts.

Patricia left the company a month and a half ago.