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Ann: Response to ASX Query, page-26

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  1. 2,529 Posts.
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    It is good that ASX have asked these questions as it clarifies where EM1 are heading. Key features are white label enabling technology of miggstar plus to host AAA, accept wisp NFT and trading process with Polygon.

    All positive annoucements.

    The lack of advice on subscription pricing and forward revenue estimate is still of concern. Particularly to me is the renewal rates for 22/23 subs for miggstar. We have existing subs that need to be renewed and EM1 should be able to advise churn expected and renewal rates.

    overall like the proposed future strategy just would like EM1 to issue ann to market rather than thru "please explains" from AXS
 
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