Good announcement, in my eyes.
No real impacts to the business as we suspected considering more people are gaming and home which Mogul accommodates both those. The partners we have are looking at expanding which is a positive that they are happy with the platform and also more partnerships to come which the COVID19 hasn't impacted future work really either (again gamers at home is one of the key users).
They have also implemented cost cutting to which wont impact the platform or service/support or the pipeline and not going to need to raise capital for over 12 months including if there was zero revenue which we know Microsoft have just done 100k with us and there is plenty of other partnerships either launched, announced and still to launch (mineski, sarena, microsoft etc) or in the pipeline (can only speculate here).
There is also talk of exclusive tournament series on the announcement - interesting...
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