manu from what i understand moko owns all their own infrastructure and the rack space cost them close to nothing. they acquired this from a deal they did some time back.
dont forget they also acquired offer mobi that has been rapidly growing, has the advertising network and will be vertically intergrated into the current business.
Think about it like this if moko successfully implement Rec.It for 10M college students - which is approximately half of the entire U.S tertiary student population! IMO if they nail this then there is not even a remote possibly it will exist in 2 years because a bigger player will coming knocking on the door wanting access to that audience.
To have access to a premium qualified audience, 18-25 year old highly marketable college kids. this is a game changer. even though she has had a good run, i honestly think were just getting started, this is a MONSTER!!!
i think it will double with NASDAQ listing around the corner
MKB Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
