Start of the monster run, page-48

From FSB's tech note this morning

Activistic (ACU, $0.090, diluted mkt cap $21M)
Company on track for commercial launch in US

- ACU achieved significant milestones during the quarter, ahead of its scheduled product launch in the USA. These include forming a US Board of Advisors; establishment of a New York office; completion of technical integration with Mobile Giving Foundation (MGF); and NDAs and MoUs for key partnerships.

- The company is on target for its launch of its Veterans Call App in the 3rd quarter, the app enabling donations to key charities supporting the needs of returning US Armed Forces personnel (veterans). Key catalysts will be signing up of major charities, as well as promoting the app to key distribution channels such as Fortune 500 companies and universities to encourage employees and students in donating using the app.

- ACU’s technology facilitates low cost micro payments to charities by donors using their smartphones. Donors can make regular (micro) payments to charities through their mobile phone bill. ACU‘s revenue model is based on a 15% fee of each payment of which 6% to 9% are telco and aggregator fees. In the US, MGF will facilitate micro-donations with ACU’s apps through direct billing with the donors’ mobile provider. We expect Royal Flying Doctor Service will be ACU’s launching customer in Australia.

- Key catalysts will be signing of first major charity for Veterans Call; first revenues; and appointment of a Managing Director.