General Meeting4 Apr 2013 15:22
Hi all, have just got back from the shareholder meeting. Spoke at length with Phil Jackson 1 to 1 as I arrived a little early. I went along to reassure myself one way or another, good or bad. It is as I have stated in earlier posts in as much that MDC will be involved with the Bookmaker Companies direct and making their revenue from allowing them to use their platform. You will not see at this stage marketing or advertising in the media / posters in the bookies for Goal Millions etc. It will be taken on board by the Bookies for them to add to their 'products' available.
MDC at present are in talks , with over 200 Bookmaking concerns who are very interested in using Intabet / Bet Compare site. As for Box nation, this is bigger than people realise, I have been informed that just 1000 people on any bookmakers client base generates £250,000. Box nation has over 100,000 punters on its books. Major talks in progress globally with African and Asian countries who apparently are desperately trying to get a foothold in Europe but at present are confused by the sheer range of different criteria available.
I mentioned the share price and how a billion shares traded a couple of weeks ago still ended up at the same price on the day as it started. Phil Jackson said as it happened with the announcement of Box nation contract at the time no revenue is actually generated on an announcement but as soon as the platforms start to get used the MM's will not be able to manipulate the sp to suit their own means.
Guys I am not ramping because I am in for the long haul come what may but this man ( Phil) is impressive when seen face to face. He is genuinely looking and already in talks Globally and is confident, very optimistic and above all had the persona of all the hard work is done. Many contracts ( with revenue!! ) to follow soon I believe. Even if sp goes down a little further this will come good, sooner rather than later in my opinion.
Kind Regards to all. Mike