"the wood" I am lost with the terminology and question re "subset", however thinking the objective is to see whether AHI attains their full financial entitlements from the pre-registrations, i provide the following input.
Copy and paste of part of the announcement:
"The initial preregistration launch only offered annual subscription of 310 Chinese Yuan (AUD$64.86). Under the 12-month subscription, subscribers have unlimited Body Scans and 52 Face Scans. Under the terms of the preregistration, the party must register with their We-Chat payment gateway. With a total initial preregistration number of 114,391 users, Tinjoy have achieved an initial revenue commitment from its users of 35,461,210 Chinese Yuan (AUD$7,417,637)."
"Importantly, investors should be aware as previously announced, the agreement with Tinjoy is a gross revenue share arrangement with a 70/30 split. With AHI receiving 70% of the revenue. There are no deductions from the revenue generated”
Noting as pre-registration requires provision of credit card details for the annual subscription, and based on the numbers who have pre-registered in just three (3) days alone provides AHI with: $5,192,345 AUD ($432,695 AUD per month).
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- Ann: Tinjoy WinScan Launch and Preregistration Update
Ann: Tinjoy WinScan Launch and Preregistration Update, page-28
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