RE:RE:I was astounded Third quarter GMV is the second best in the company's history. SAAS revenue will likely be in the high $700,000. Immersolution should be above $300,000. So perhaps, for the quarter ending June 30, 2012, UI will post revenues around $1,100,000, more if UI has increased revenues per transaction.
For the fourth quarter, UI will probably post revenues of $1,700,000, more if the number of listing increases and more if UI can increase revenues per transaction.
The exchange rate continues to disadvantage Canadian companies who collect revenues in US dollars.
Dilution is rarely a good thing for shareholders. The 6,600,000 new shares have increased the float by 4.4%.