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clock Created with Sketch. 17/09/20
12:37
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Originally posted by jamesdenis:
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MMM, you have been a shareholder since March 2015 so you should know better than everyone else why we need better reporting of $$$4 The launch of Crowd Butler is consistent with Crowd Mobile’s strategy of adding new revenue streams through leveraging its existing network and capabilities. Crowd can confirm that the agreed distribution margin are commercially sensitive, and thus confidential, Crowd can confirm that the agreed distribution margin is consistent with standard distribution / reseller margins of between 60%-75% and that that Crowd’s exclusivity is subject to it achieving anticipated minimum annual net purchases. Furthermore, the brand fits strategically with the Company’s vision of selling high-margin products and services with which it is closely aligned. Very similar sounding announcements that are over 5 years apart. What happened to the revenues from Crowd Butler?? We are getting tired of listening to how new partnerships fit with the companies strategy and finally want to see at least one new deal turn into a game changer so far as revenue is concerned and back to quaterly reporting so that we can finally get a better comfort level with our investment , the same words SS used when explaining why he didn't convert his notes yet. Oh and SS stated he wasn't a charity, well neither should CM8 be one to keep paying high salaries and board fees and only receive well written announcements over the last 5 years that have never translated to any real $$$$$$
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I was a shareholder back when crowd butler was the idea. I sold because it was a crap plan, they had no products of their own and it was just a rubbish take on affiliate marketing. It was never going to work
(20min delay)