Upcoming, page-517

To me they had always been progressing in the correct direction, built the tech, tested the tech, partnered with the tech, got the board to take the tech to the next level and now it is to execute on it all.

Some people didn't have the patience and that is okay but I have said before it was a 5 years before I felt the company would make profit given where they were when I bought in 1.5 years ago but could see what they had built and the direction of where they wanted it to go with. There has been multiple partnerships they have done during this time with massive companies which all goes towards the ability to deliver a disrupter to the industry which this board fully has the capabilities of delivering this.

The only thing that has changed is I've increased my holdings (last was 1.4c - and this was an average up) but also the timeframe has shrunk to maybe 2 years (3.5 years in total) but it could be possible to have profit in less than 12 months but I would prefer growth of the platform and become the facebook of gaming at the expense of another year or two compared to getting profit earlier. I truly do want profit but huge scale business which are hugely profitable go for growth first and then transition to profit. Which again this board knows having worked at very senior levels and even cofounded Canva, Spotify, Google, EA, Disney etc so they fully understand this importance but at the same time to keep increasing revenue whilst trying to keep costs as lean as possible.

To give a prime example of this was Cameron who in 6 months increased revenue to be more than 2019 for Q2 2020 but at 1/2 the cost of Q4 2019 - to me amazing result in a short space of time and this board only had 6 weeks for Q3 together so look more forward to Q4 but more so Q1 2021.