Breakout begins..at 23c, page-220

IMO, the Australian market is not big enough for this financial services app to seriously generate sufficient revenues to make ever a profit.

Quality and independent personalised Financial or investment advice cannot be given for $9.99 through a text

The “Sequoia” Q&A app will allow consumers to get general investment advice from experts at Sequoia for a modest fee of $9.99 a question. The revenue (net of agreed costs such as marketing, third party fees and GST) will be shared equally between Crowd Mobile and Sequoia.

The app will enable users to ask personal financial questions and seek general investment advice from experts at Peak for a small fee. It is anticipated that users will pay $9.99 to ask a question. Crowd Mobile will keep 25% of the revenue generated from the app while Peak will be paid the balance.


Users frequently ask 63336 for their next bus time, their future or why the sky is blue!

An trading or earnings update like MBE should be forthcoming to take away the many of the uncertainties