Again you're looking backwards, these deals were pre JB, but you raise a good point - show me the money.
Fortunately, JB answered this question during the latest webinar so anyone interested can revisit the webinar to double check this.
JB mentioned that with the current client list, there will be significant improvement in the company's financials.
We can refer back to an earlier presentation to review the 3 revenue stream business model:
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So with 1. set up fees and 2. recurring monthly fees we can deduct these 2 cashflow streams will be in action very soon.
Cricket Australia's 20,000 hours of video makes its set up a huge deal for the company.
But JB was also clear that the pathway to profitability requires around 5 more deals.
He seems pretty confident of landing one more deal before Christmas, so if true 5 becomes 4 and so on...
Momentum is building; the flywheel is spinning.
But it's that reference to a whale that really excites; what if the next one is the whale?
Would that be enough to take the company to near cash flow positive?
It would almost certainly get a lot of non-holders very interested in buying the stock.
Imho
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