Replies to post #5870 on DoMark International Inc. (fka DOMK)

[stealthways]

Thanks for the details on the contract... Keep in mind its in both parties interest that the launch of monetizer in NA succeeds, and based on some delays in the Canadian launch, if I were management I would be re-negotiating the length of the contract right now -- they probably are I would assume.... everything is always negotiable with start ups.....

[jamboy]

The $300,000 licensing payment is a capital payment, not from P&L.
The company's overheads are approx. $600k a year, not $1m a quarter. Site operations are covered by Monetizer101 who split net revenue with Domark. The media owners now signed with Domark provide an audience of 14million in Canada alone.
If 1% of 1% of that audience make an average purchase daily then Domark makes net net well over $1million yearly. As Simbadeals expand across US the net to Domark will be over $10m a year. Simbadeals is a no brainer for media owners. At no set up cost other than self promotion they get a whole new revenue stream they split with Domark. In the UK the Daily Mail makes $160million yearly clear net profit from their online shopping site with 3% of their online shoppers making an average purchase of $100. If Simbadeals does the same in North America its annual profits would be $30million a year plus and its market cap on 20.0 PE would be $600million or £1 a share plus.