Bit of media commentary recently about startups backdoor listing on the ASX because they couldn't raise funds through the more conventional avenues (Eg. venture capital/IPO) probably throws a bit of a shadow over companies like Wangle and just how "disruptive" your tech truly is if you couldn't get a backer.
It's straight forward from here on in for me .... we either have a product that will disrupt the business models of every mobile data provider across the globe, or, we have a Board that will face custodial sentences for misleading or deceptive conduct. I am backing the company on this one, they've got more to lose than me if they don't deliver.
I wouldn't want to have all my eggs in this basket, but with the upside I don't think you need to because if it realises its potential it will make even the smallest of holders quite comfortable financially. I just hope if and when it does that it stays in our hands.
The company seems to prefer getting news out early in the week and pre-market so hopefully something early Monday morning by way of an update on social and digital marketing strategies for the official launch. I am presuming by the lack of comment on here that the registered "VIPs" have heard nothing back yet either.
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