Wednesday, May 22, 2019 8:07:20 AM
It all comes down to when does MKGI begin to generate the levels of revenue that it's business model predicts it will.
In a short period of time we will possibly have 250,000 travel agents with a financial incentive to utilize MKGI's list of properties.
WE already have a few multi billion dollar companies utilizing our API with several more close to finalizing the credentialing process.
We have 2.6 million properties on an instantly bookable basis.
Now when all of these companies are fully assimilated and if we approximate the travel space average of 20 per cent of the travel space bookings being ALR properties, this will be a HIGHLY profitable company.
In addition, management is still negotiating to bring additional partners and additional properties into our portfolio.
If I was to look into a crystal ball I would not be surprised if MKGI was acquired in a couple years. A billion dollars would equate to around $100/share. If we get big enough by following our present course it might even be a multiple of that.
Now that would require getting this business model to a mature, high revenue producing status, but it's possible if things break right. But I've waited this long, what's another year or two.
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