Ann: Business Update - PGASS Workshop, page-73

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The outvestor

465 Posts.

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15/12/17

07:48

Post #: 29646950
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Originally posted by scorpio60 ↑

Well, Stock2016 I think your crystal ball needs a bit of a polish mate. While you can never be sure with the market, I would say with the way the price has held up in the past few days we have seen the last of 1.5c. There has been good buying support at 1.7c and some million/s sized buys going through.

Of course there won't be any update before Christmas - Nick said so in the announcement at the start of the thread. At least you read it.

With the first lot of SolGo free trials coming to an end soon (assuming they will continue offering the first month free to new subscribers) and a hard launch on the horizon, we will see revenue from SolGo soon. The company expects the revenue to be sufficient to cover operating costs by March/April time. Hardly a fairy tale.

I suspect Indonesia will proceed at a gentler but sustainable pace, and I don't expect a launch until later in 1Q due to the difficulty in getting ducks lined up (in general). It will happen though.

I am curious about one thing. Your sentiment says "sell", so I assume that means you are encouraging others to sell, but you have clearly not sold your own shares. If the outlook is as dire as you make it out to be, why do you hold?

Feel free to enlighten us.

Scorp

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If you read the announcement properly, the little 'business updates' from Nick (I.e the random TV2 blog he writes at 3am) will rest until the new year. Any actual announcements will still be made (as he also says clearly).

TV2 Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
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