MMZ 0.00% 0.1¢ mooter media limited

5 million for five years, page-45

  1. 2,568 Posts.
    For those questioning the revenue model, if youre sincerely interested, I suggest you attend one of the road shows. I would assume that most of your questions would be answered there. Please refer to announcement released 6th April for further details.

    Johno8 said

    "I do not understand how, if Mooter acquire Hot Shot why would they need to share revenue if Mooter own them anyway . Or am missing something ? Which is easy for numbskull like me."

    Answer: MMZ has acquired 100% of HSM (Aust) of which has "a full and all-encompassing 50:50 Joint Venture agreement with Hot Shot Media Pte Limited in Singapore. Hot Shot Media Inc (the Hot Shot Media Groups US development arm) is a subsidiary of that company."

    Michaelmfranz said

    "I just see the statement in section ii) that says all the CREAM is gone to HSM shareholders for 5 years, bar 5 million dollars

    and I haven't seen a credible statement from anyone which goes against that

    happy to be proven wrong, i dont give a toss"


    Answer: HSM Pty Ltd is the Aust entity that will be 100% owned by MMZ. Therefore all detail revenue in s.ii) goes to MMZ for the first 5 years then a 50/50 splitpretty clear IMHO.


 
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