@ChrisGuthrie A big part of my arg on existing games is that 'garbage' can still be monetized successfully.
There are many orgs out there that monetize what you & I may consider 'garbage' but off which a successful biz may be built.
@ChrisGuthrie For eg. The $AMZN bookstore concept was initially garbage to me....but the success speaks for itself.
I doubt we will see $SKLZ joining hands with large devs on existing titles like Call of Duty. The model only works if all both/all players in the specific game are betting...
@ChrisGuthrie ...so if you extend the existing title onto $SKLZ for monetisation - you run the risk of having the same game across 2 diff apps... Viability is questionable.
This however doesn't mean they don't join hands on new titles. All we need on $SKLZ is a new blockbuster hit...
$TRMR
Issues notice for EGM on 30 Apr. Shareholders asked to
- amend Articles of Association to allow for and adopt new director to enable $TRMR to comply with SEC requirements, and
- allow $TRMR to issue 15% of share capital and asking shareholders to waive pre-emption rights
2/ Also includes no. of ExCo renumeration amendments including "entitlement to a special IPO bonus" of $500k each to CEO, CFO and CCO on successful completion of US Dual Listing.
3/ Resolution no 11 - ala waiver of pre-emption rights - $TRMR states
"there may be occasions, however, when the directors need the flexibility to finance business opportunities by the issue of shares for cash without a pre-emptive offer to existing shareholders, such as in..
A lot more goes into generating top line growth. For the foreseeable future at least, I expect $SKLZ's growth spend to quite clearly overshadow immediate revenue growth.
This needs to be factored into any analysis.
3/ In other words, we are not going to see immediate substantial revenue growth here - rev growth is more likely to be lumpy than big qoq growth in most other SaaS biz. $SKLZ is not one of those.
Yes $SKLZ is reliant on a few too games - as is $SE and they have milked it so far.