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Re: Threeflight post# 33257

Monday, 05/20/2019 2:10:26 PM

Monday, May 20, 2019 2:10:26 PM

Post# of 40474
He states these are long term contracts. Meaning the estimated 10-12 mil is over the life of the contract. These contracts are 3-5 years long. They also have to ramp up, so we might not see any revenues for some time. The raceway just had their 1st race that GZ might have had anything to do with 2 days ago, so of course that won't show up until 2nd or 3rd Qtr, depending on terms of contract.

I also saw somewhere the Raceway may not show revenue until 2020.
Sure he was at the Races this weekend, but I saw no signs of him working. That could still be in the planning stages. They would have to have equipment installed, and possibly techs on site. It's not like they can just plug up a router over in the corner somewhere.
I would think if they were providing services at the track, we would have heard something more, and he would have posted in a different way. For now, It just looks like he was a regular spectator.
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