September quarterly discussion

the quarterly is due today and as previously seen will likely come after hours. June quarterly had total receipts of $660 with $631k coming from DMC.

Carly has around 180 cars rented and the reported average rental is $300 per month which equates to about $160k for the quarter.

if DMC is growing and not being cannibalised by Carly it may bring revenue of $650-$700k. with Carly revenue this would see revenue for the quarter in the $800's.

if DMC is stagnant and or being diluted by Carly then we may see revenue back into the $500's and assuming $160k for Carly is correct then total revenue in the $600's.

For me a poor result is total receipts under $650k, good is over $800 and excellent $900 plus.

I still don't think the market is much if any success factored in so don't expect much change to share price unless it's woeful or wonderful.

still great potential here but until we see genuine and sustained revenue increases we will bob along the bottom.

would be interested in other holders expectations of the revenue?