Ann: Additional information - MIGGSTER launch & pre-registrations, page-393

You wrote that 'Currently we don't have any evidence of the numbers being false'.

This implies that your thoughts that the numbers are true.

If you wrote 'Currently we don't have any evidence of the numbers being true or false' then you are on the fence and admit that the numbers could be true or false.

Current fact that we know is there is approx. 600 people who have signed up to a tournament being the largest tournament by player size seen. This means that at least ~600 people have signed up, now I understand that not everyone will be playing that tournament but it is a weekly one from the time that remains which there is only 1-3 IIRC weekly tournaments done so lets go a little crazy and say 2,000 people have joined. This would mean of the 11M preregistrations Crowd1/Miggster/EM1 have only managed to convert 0.018% of the preregistrations which is awful and shows how little demand there is for the product as it has been ~ 2 weeks since the global launch.

To note MTN got 25k subs total (7 Oct 2020) which was three months after the launch from the 27M MTN database which is 0.092% so doing slightly better but also fairly similar of low uptake but it is also three months compared to 2 weeks. If we use the 10,000 sub announcement for MTN this was done mid August and would represent 0.037% which is approx double what Miggster has done but also about double the time. Further MTN Arena used TV advertising, social media campaigns, influencers and SMS blasting so it wasn't that the MTN network weren't aware.

These are facts about what we know and if you have any other information that would contradict the above, happy to review.