FGL 2.08% 4.9¢ frugl group limited

Ann: Extension of Voluntary Suspension, page-42

  1. 7,031 Posts.
    lightbulb Created with Sketch. 1383
    Here's a brief summary of recent announcements:

    16/11/2016 - Update on Wangle MVP Launch:
    Version 0.1.35 lodged via iTuneConnect for release to public on 9/11/2016
    Apple review team rejected 0.1.35 on the the basis that the app was collected personal information which was not used by the app.
    Wangle informed Apple review team Australian Law requires the collection of this information.
    Wangle withdrew 0.1.30 because the company believed it is interest of customers and shareholders to wait until the meta-data issues are properly resolved, bugs are fixed, and they can then focus resources to service customers properly on re-launch of the app.
    Information collected from those currently using 0.1.30 has been collected to inform the development of 0.1.50.

    5/12/2016 - Market Update:
    Apple Review team has accepted personal information must be collected in accordance with Australian Law,  Apple even apologised for delays at their end and Apple has now approved 0.1.35.
    During the period Apple was of reviewing 0.1.35 Wangle has developed and tested most of the new features of the latest release 0.1.50 and as at 5/12/2016 0.1.50 was "due for submission and associated approvals from Apple in the coming days."
    Apple also requires in-app-purchases which is not currently included, but will be shortly.
    The review of 0.1.50 will not be delayed as long as 0.1.35 since the meta-data issue has now been resolved with Apple, however, there can be no guarantees something else will not delay the review.

    --

    If you actually thought it was possible to complete the finishing touches and obtain Apple's approval between the 5th and today (the 8th) it's your comprehension and unrealistic expectations that requires critical review, not Wangle's communication through this period which has been clear and transparent.

    I suspect the outrage on this forum is coming mostly from traders that put a note in their diary to buy everything they could on open today. And sell tomorrow for 5 cents plus.

    Well, you'll just have to wait.

    P.S. You ain't getting any of my shares, and you'll have to compete with my offers on open. Good luck all.
 
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