Yeah if they done $4M rev in April (as announced), its probably double that or more in May. BTC price surging and volatility are when we make most profits in DigitalXDirect. So if June is also as good as April even then we are probably looking at about $400K-$500K profit for quarter generated by DigitalX direct. Our last bit of mining would have made some profits as well on the bitcoin price surge.
So I would say break even for the quarter, we should have US$2.5M left at end of this quarter IMO. If we can get some decent downloads in June through Telefonica, announce remittance feature, maybe confirm a remittance partner or two, then you would think we will be off. But as @ozgem said thing will start to move before anything is announced if this is the case.
DCC Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
