Very good revenue expansion/growth path for the Lemon & Lime App.
Most players in MOT's space just keep developing new Apps/Gadgets without thinking how they will commercialise them (& run on shoe-string bugets - hoping to strike it rich with a lucky App). MOT instead has lots of funds available to expand its EXISTING solutions globally & this UK agreement is a great example of how MOT can significantly leverage the Lemon & Lime investment (only one of MOT's solutions) by making it applicable to other market segments/industries (for a very small cost) & provide huge incremental revenue/profit. Projected revenues from the deal would be nice, BUT these can be so big that the market wouldn't believe them (I reckon this is the reason they haven't been provided). Lots of blue sky in MOT & deals like this bring us closer to a Nasdaq listing!
&... there are more of these deals on the way (according to the announcement). The more of these distribution agreements in place, the more revenues will be generated (at very low cost).
Well done!
IMHO
Very good revenue expansion/growth path for the Lemon & Lime...
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