I am sure many people would have been disappointed on this update but I was expecting the same for this one for this and next quarter. Until Christmas it will be all on boarding and other activities. No real coins will be there. The fact is they have money to survive till 2022 and before that they will start funding their own admin... expenses.
Revenue part was an interesting reading. Happy to see that they are looking all around and now its a matter to have substantial onboarding from CBKC and one or 2 more white label partners. I am still confident and optimistic about the future. However, I don't see any substantial revenue till 2021.
- this is purely my own observation and opinion. Please do your own research and analysis.
June 2020 Quarter Update
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