The guys spreading negative info are simply trying to get in cheap.
The app is not even indexed yet. Just because you didn't get a 100% spike as soon as the announcement came out, does not mean its a dog.
Have a look at the timeline THD put out, everything is according to plan.
The app is launching in Australia with expected flaws, so it can build on its current applications for international launch.
Spooking current investors is nothing new, it allows the guys that missed out to get in.
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