Ann: Spenda & Capricorn extend their relationship into eCommerce, page-99

Kenny, if Spenda "produce revenue in the vicinity of $150m annually" you will be the undisputed king of these threads and I will write a sixty-verse sonnet praising your intelligence, foresight, cleanly polished pate, and clever wit. Do you have a timeline for this wonderful, aspirational target, by chance?

As for your question: I'm sorry but I do not think it is "highly likely". All I see from this announcement is that Spenda are doing approximately 8 weeks of project work for Capricorn, which may or may not turn out to be higher or lower, and may or may not result in some other work, and is still definitely nowhere near getting them to breakeven, never mind $150M in revenue. The rest of the market obviously reads it the same way. Here's a free hint: go open the last annual report, and take a look at the revenue breakdown, and look at which way their SaaS receipts are rapidly trending. That will tell you a lot about the utility of their product/service offering in this space.