Saturday, July 20, 2019 4:53:03 PM
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
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM