AB1 Media, page-56

I'm all for balance but if you are going to write DYOR at the end then maybe heed your own advice. Have read countless people say "smells like a ponzi scheme" in reference to something that they have not taken the time to research.

From my research it looks like this company was up sh*t creek without a paddle last April. Since then they have:
1) Cut away the fat to build bank balance:
> reduced labour force saving 3 million
> sold a dozen or so apps to Maple Media for $3.6 million
> sold couple of hundred apps to ICI for $1 million cash + $7 million shares + 50% of profit from casual games sold in next 5 years

2) Benefits of ICI deal:
> ICI will be able to manage/upgrade those apps at a lower cost whilst freeing up AB1 to concentrate on it's best apps/cryptokitties/other block chain apps
> The shares in ICI give rise to leverage into their Nitro blockchain gaming studios - ICI already raised US $2.7 million through the sale of its Cyrptocurrency Nox to build the Nitro platform. The Nitro Platform is looking to decentralise or provide a platform for facilitating promising game studios using blockchain e.g. take some of the $100 billion market share away from Candy Crush/Clash of Clans etc.

3) Purchased controlling stake of Fuel Powered for $3.25 million - an Artificial Intelligence agency who's knowledge will increase their current app sales, assist with the Cryptokittie launch into China next month
and help build (I assume) other blockchain games like Cryptokitties to enter onto the Nitro Platform. Fuel Powered have links to Sega and Axiom Zen (Cryptokittie) already and already have between $500,000-$700,000 in annual sales. The MD of Fuel Powered is also buying 100k of AB1 tomorrow as part of the deal.

4) Commenced making an android app for Crazy Tower which is looking like netting $1 million+ short term and potentially multiples of that medium to long term

5) Gained a Cryptokittie contract potentially netting them say $1,962,240 worth of new kittie sales + $9,000,000 worth of 3.75% fees over a year (back of envelope calcs below). By entering this contract AB1 not only will gain the Chinese revenue but will also be building it's knowledge of block chain game technology with help from Axiom Zen & Fuel Powered so that they can (again I assume) roll their current games into the blockchain market themselves

Calcs - average sale of cryptokittie on 28/01/18 was about US $56. A new cryptokittie is created every 15 minutes and sold at market value (the proceeds of which we will get to keep from sales in China). $56 every 15 minutes for a year works out at $1,962,240. Of course this is determinate on the price of Ethereum etc. Then I just applied 3.75% against the total value of trade from the first month US $20 million and extrapolated for 1 year. Of course this again could be higher or lower due to many factors.

The main issue is getting into China to release a Chinese app as China is currently publicly against anything american including their blockchain/crypto. However China are one of the first countries to use blockchain technology for all sorts of things ranging from buying groceries at the local corner store to blockchain social security payments. So I cannot see them resisting international blockchain apps for long, they just want to get systems in place to be confortable to allow internationals to do it. Like ASIC has done for Australia.

The more I read, the more interesting it gets and the more I can see the crazy amounts of revenue that IB1 are positioning themselves to chase down