Remark Holdings…Notes From My Meeting With The CEO

I had the pleasure of meeting Shing Tao, the CEO of Remark Holdings (NASDAQ:MARK), on Monday night. He had just flown into San Francisco from Beijing and I was meant to be his first meeting before dinner and some shut eye; he had a big Tuesday in front of him with Roth Capital (whose analyst loves MARK, although they haven't been their bankers) taking him on a Non-Deal Roadshow and introducing him to several institutional investors. Remark has been very hot lately, jumping almost 200% in value since the company reported Q3 earnings in mid-November. The move came on the back of 2018 revenue guidance for their Artificial Intelligence operating subsidiary, KanKan. They guided to $30M in KanKan AI revenues for next year, which would be a 500% increase over 2017.