RE:Honest opinion of the Q1 earnings callThis is a great thoroughly explained post which I and I am sure entire board thanks you for your time and insights.
70K is no chump change... I sincerely hope with your faith in this company and Levy you hold these shares as long as needed to get you to 7 figure payout which I most definitely believe is possible in the next 4-5 years!
Like you my biggest kind of dissappointment was:
A) The Questions in the QnA Section; sorry but who was that f n idiot who kept rambling and felt like he was coming up with new but similar questions on the fly! He was really starting to annoy me- who was he anyways and how is he important?!
B) They didnt expand or have some one ask question of what Score is doing to expedite the legalization for Ontario or any additional insights as to what the government or Members of parliment are doing for Levy to even mention Ontario legalization... Obviously actions are being put into motion but what and when is the million dollar question. News of legalization in Ontario ultimately means Canada and that means IMHO a double in stock price minimum!
C) Too early so we cant blame or expect Levy to provide any more additional data or metrics because of the still too early to tell or too little bets to quantify SO FEELS LIKE going to take another 1-2 Quarters to prove increasing revenue, and have enough metrics to provide future guidance where analysts will have the information they need to come out and upgrade us with higher stock price targets.
D) lack of new states in 2020! From the sounds of this call it does appear as if Indiana wont be til Q3/Q4 and I thought we would be in 4-5 from 2021... If it ends up only being 2 states, I dont really see stock price moving much next 6-9 months UNLESS OF COURSE Canada legalizes!
E) All this talk and chatter about INCREASED SOCIAL MEDIA PRESENCE AND VIEWERSHIP but still not brining in any revenue so still means F-ALL! I like the long term view and vision Levy has and again be another 6-12 months it appears before he can utilize those numbers to secure 6-7 figure integrated deals that will improve our bottom line.
The overhead due to the increased number of employees (aka salary expense) now does appear to negatively impact our profitability until we are in a number of new states and revenue from sports betting can start to dwarf the increased costs of entry and overhead !
Riskyone, with your sports betting experience (as you do this for a living) my only wish and hope is that you contribute more to the board as your insight is very valuable to the rest of us LONGS.
You probably know more than most in terms of "user experience", platform comparisons, sector changes or evolution, competitors, etc, etc.