KEY UPDATE BEFORE END OF YEAR
Dear Investment Community,
Thank-you everybody for your comments and support so far. I have a key update.
First let me start with the good news.
Through our channel partner network we have been able to secure the first stages of a major client using the MDNA Strategy 2.0. Although I cannot share details due to non-disclosure, I can say that the projected revenue of the contract to be in the six figures. Right now our key contractors are busily getting trained to deliver the work to satisfy the client.
I am going up myself for a different client to Edmonton which is also a revenue-generating contract this coming Monday. All-in-all we are very excited by the progress that has occured so far.
Let me give you what needs to occur in the next month before the end of the year:
I am sending out a proposal today to key stakeholders of my proposed transition plan in detail to completely change the direction of KCMH. There are some critical negotiation points that have to be ironed out before accepted by everybody who could affect the progress of our new direction.
Once I get the final greenlight, I will publish the official new model here on our blog and also take the first legal step towards this new direction of being based upon intellectual property development.
I will then issue official press in the month of December. This will only occur if all milestones are accomplished. But as I promised, if we can get final agreements in place, I will issue press to announce our new direction.
If all goes well, I can assure you that we will look completely different by the new year.
I believe my next post will be full of good news.
Sincerely,
Ed Kang
