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Re: stervc post# 7710

Sunday, 02/11/2007 6:54:40 PM

Sunday, February 11, 2007 6:54:40 PM

Post# of 143047
Sterling, thanks for your calculations. I have not done the research yet to determine what might be their possible revenue stream. However, it seems like you missed some considerations.

1. $2.7trillion is the transaction amount. However, this figure does not represent revenue. Revenue is the fee involved in the transaction. I have not yet researched the 'pip' as it pertains to transaction fee. But your base calculation needs to be from the revenue from the transaction fee which is obviously alot less than $2.7 trillion
2. Cash Now's agreement is 50-50 revenue split with Advanced Markets Inc (who is providing the Forex platform). So you needs to divide by 2 smile