The OS an eyesore, yet far from Sour
I still haven't made my mind up about Steven Rosenthal yet, but I do have to give Zoomaway a little more credit on second look. They do have good operating leverage. You can't see it on the their SEDAR filings because it's juxtaposed on the shell Multivision. But looking at their income statements from prior years from another source, you can see that their costs remain relatively fixed. Revenues have been sliding, but I would describe the company as a hailmary play.
I like it because the insiders must catch the ball. It's not going to be easy, but everybodys interests are in alignment. Their projectinos for $7M is very lofty, but at least they have a goal. Their press is confusing because gross booking revenue is not their revenue. Their revenue is a small percentage, their margin, but it's pretty cost free as far as cost of sales go. It's scaleable. It has potential.
If you read their press releases at face value, the first impression is pump and dump efforts. Going into Cannabis and the casino industry, but I can actually see how it work would with their booking strategy to be something different and add revenues on group packages. It is a good idea. It's not Priceline as you'd think at first glance. Not at all. I get it. It's hard to understand at first, but I get it. But it's not capitalized good at all. They blew through all their seed capital. Yet, insiders have been putting up their own money. They must do something. This will be a good testament to Rosenthal's character and abilities, watching this story. I feel lucky to have some at 5 cents, and I do hope my other 15,000 get filled. Their value would be hard to figure out since dilution would have to be in the cards. But 5 cents with that float, no shares being traded -- that's good physics with good potential if you can catch that hail mary, Steven.
A very interesting press release came out today that would move a normal penny stock that was being pumped by competent individuals. But this one is completely off the radar and didn't trade a single share. It files on SEDAR, the otcmarkets equivalent of Canada.
Somehow, they could even direct Caie into their Nevada hotel offerings. Catering perhaps, and/or directing them to the café. It's all got potential. I will reserve all verdict on Rosenthal this year. This year will be a defining moment for Zoomaway.
It's obvious they do have a stock promoter, but he is lousy. And that's good for me. I would have expected more from a relative of Nazari (sp). You should consider using Uptick Capital, Steven. They are a classy operation. And with the Cannabis venture being researched, they make even more sense to use. They'll get the word out in the right places. And file with the otcmarkets.com, and get yourself on the radar.
And speaking of the casino direction, I can't wait to see the more interactive, strategy slot machines coming. A few have made their Debut in Las Vegas. Space Invaders in the bonus round, but it's a start. Don't know if Zero8 will move in that direction, being they seem to be on the free end of things. And I will be downloading that app you released today when I'm off on Sunday, just to check it out.
Oh, and speaking of CATERING, you should definitely go in that direction with Caie. That adds so much business, and it's so lucrative. I know that as a fact. It is much better than the restaurant business. On all levels!
And speaking of Zero8, the revenue sharing looks very similar to a court reporting firms revenue sharing. Those are good percentages.
Now, if I could find a small public company that's a court reporting operation, that's the kind of business to be in! That would be a great penny stock, but nobody seems to think of it.
