Ann: Thred Confirms Apple & Google App Store Approvals, page-30

Still speculates on revenue from those users, how much does each transaction equate to, 20m is a small number for an app, need in the ball field of at least 100-200m in the first year, if 20% transaction rate through use of app, at let's say an estimate of $1 per use (being generous), it would only equate to $4m in revenue with 20m users.

A user base of 100m which is less than 3-8% of the number of people using many social media platforms would equate to closer to $15-20m revenue and guarantee a very strong future.

I am sure they can operate on much less revenue though if that does not occur as quickly as the first year. I feel the mkt evaluation of $30+ million for a non-revenue spec company is actually quite generous, as many companies are worth a lot less who are already generating income