EM1 Affiliation with crowd1 Pyramid scheme?, page-31

Opening a new thread with such a title throwing wild implied accusation by someone who has posted 1 single post before is just ridiculous.

I suggest everyone should report it to the moderator and let him/her decide if this thread should be shut down.

Emerge runs the technology platform and bill the customers directly (ASX announcement on 10/09/2020) and receive 64.5% of the net revenue. Crowd1 is simply a marketing company that brings customers to Emerge. That's all it is. Emerge takes the whole amount of revenue to its account and deducts all expenses and then keep 64.5% of the balance. That is huge amount of money.

Icandy ran its trial of 80000 customers recently and had 40% retention after 1 month. I believe Emerge has conversion rate of pre-register customers and retention rate of similar scale. If Emerge accumulates more than 5mil pre-register customers before launch on 14th Nov and I believe it will be easily achieved, then at 40% conversion rate, it is equal to about 2mil customers at $12 for per month. That is $24mil per month or $72mil per quarter and Emerge keeps 74.5% of it.

There will be customers leaving but there also be new customers keep joining. Plus customers from MTN and from Microsoft game cloud streaming (EM1 is now Micorsoft's ISV partner). I would not be surprised if Emerge enters a new partnership with Tencent or Alibaba gaming unit as we saw Icandy did with Alibaba recently.