So crowd1 is a 'customer acquisition business' and people who sign up are doing it to try and make money. They are told to share and promote in order to make money.
Miggster pre-registrations are all either crowd1 members or family and friends of crowd1 members so all the pre registrations are basically just a number which has been caused by design and you all think this is going to $1 a share?
Did you all watch the documentary?
It was quite clear to me that crowd1 was created as a pyramid scheme.
Ann: Response to ASX Queries, page-161
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