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The past is NOT the best predictor of future behavior. If you assume that people are incapable of learning from whatever they may have done in the past, then you are ultimately defining yourself as The best predictor of future behavior is relevant past behavior – especially when it comes to retail purchases. For businesses we refer to as specialty retailers, the ‘reserve currency’ with respect to marketing intelligence is still transactional data.

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In the event oil and gas were found and the wells produce, then the royalties kick in. So if the oil well produce 100 barrels a day, and the price of oil is $80 per barrel that month, then the cash flow is 100x$80 = $8,000/day The royalty owner, who agreed to 15% royalty,

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