1TT 50.0% 0.3¢ thrive tribe technologies limited

Ann: Strategic Investment in Blockchain Leader, page-217

  1. 10,880 Posts.
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    OOK investment is much more directly related to "Blockchain" technology than RFN's.

    However if ppl want to buy RFN because they believe they are investing in a blockchain "proxy" and it bids RFN price up that's good for us.

    To use an older technology example, OOK has bought a chunk of "Oracle" (as database proxy that equates to MyBron from Brontech)

    RFN has bought a chunk of Siebel (as a SFA/CRM application built on top of the Oracle database).

    Eventually Oracle buys both.

    These investments don't yield revenue - they are stock investments and assets on balance sheet

    RFN, is likely to invest in a sales force etc to distribute the Loyyal application. For those sales RFN gets revenue (but also will pay a royalty to Loyyal - which improves the value of Loyyal and thus also improves the value their ownership).

    Not to be "unkind" but WooBoard is hardly a mission critical business application.

    And of course it does have many competitors that rate better in head to head review.
    https://reviews.financesonline.com/p/wooboard/

    Looks to me RFN has found their future and will build itself around selling the Loyyal application I think.

    GLTA
 
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