Ann: Operational and fundraising update-CL8.AX, page-41

Pretty cool announcement imo. We get paid an upfront fee for someone (third-party) to list vehicles, process bookings, manage approvals and view reporting. Then we also take a percentage of the revenue from the third party's bookings processed through the website.

So basically someone is paying us to use the dmc website to list vehicles and manage their own bookings and they are paying us a % to do it. Seems like a great deal to me. Apart from the initial setup cost we get money for basically nothing. Maybe this is the future, getting fleet managers to use the dmc website to list and manage their vehicles and we take a percentage for the privilege of the use of the dmc platform.

Ps i know when peerpass was developed cl8 were excited about third parties using it but nothing really ever come of it (yet). Maybe the future is third parties using the existing platforms (rentoid, mycaravan, dmc) to list and manage their owm items and cl8 simply takes a % a bit like ebay does.

All imo. Dyor etc