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Re: goforthebet post# 14973

Saturday, 07/20/2019 4:53:03 PM

Saturday, July 20, 2019 4:53:03 PM

Post# of 15377
OK... now that the 10K and the 10Q are out, where does that leave us? Now everything I am going to say is conjecture on my part, so take it all with a grain of salt.

I firmly believe the company decided a few months ago that while having many small companies involved with MKGI was nice, the real revenue would only occur once mega companies became involved.

The 10k was for the time period ending the end of February.

The 10Q for the time period ending the end of May.

MT came on board the first week in May, and the latest mega company start last week.

Revenue, I believe is only counted when travel actually occurs and not when it's booked, so for all practical purposes we have not had time enough for us to see revenue derived from the mega companies turning on our API yet. I think of the 10Q, while certainly not impressive, as a demarcation point between business with small companies and the era of business with the mega companies.

I think we've seen the last poor 10Q as the business ramps up. If you read the last announcement, the last company to turn on our API does hundreds of thousands of bookings per month. I can't believe doing business with multiple companies of this size won't have a beneficial effect.

I really wish a conference call would be in our near future. Additional clarity about our future would certainly be welcome.

Good luck