RE:RE:RE:RE:Cubeler contract on sedarThe gross margin on the revenues generated using Cubeler are like 90% and included in the 10% costs of revenues is Cubeler's 2%. Cubeler does not earn anything on the revenue from the bank subsidiary or the logistics JV other than the little bit of loan matching revenues they may generate.
Nakate wrote: So cubeler gets there money off the top before expenses and taxes there will not be much left for which to grow operations. The other question is who is cubeler. I don't like it its too rich for something that with out Peak is not likely going anywhere.