Second Wave Petroleum Inc SCSZF

RE: 3Q results

[idleSpeculator]

I would expect there to be some change in the accounts. TT/SB deals run at 100% from day one, every booking is a transaction fee. If the customer is doing any business we are making income. The one that went live in may is small, but we had 2 more in August. Skymax and Standard Tours. There should be some indication of what they will generate, though if they mainly do summer holidays, probaby not much as it is the wrng time of year to be booking (right time to be putting in new systems). As for SRM income, well, we still haven't seen the second openfares customer go live, until then I suspect there will not be much promotion or income, (otherwise I would expect Sabre to be banging on the door asking for more customers of which we have plenty lined up). Given the time of year people book holidays, probably 1st quarter next year will give best indication of what we can make from TT/SB customers. Idle