I think you've made valid points,, and without much more information than you, I didn't feel comfortable investing too heavily either..
I beleive the low number of active users is really due to the total users. Until a lot more people get on board, and HMO becomes a really active/interactive community, only the minority will be actively using..
A tipping point could send this sky bound, and I have no doubt the company will be aiming big (I don't think they have had their official US release yet?) and want to put this app up there with vine and snapchat, but I think it is still a ways off...
I feel safe having a small amount in it though.. Announcements and such as they start to get more traction and prove up their potential will increasr SP in my opinion..
I'll feel more confident, as I think most would, when things move along a bit and we know more about the things you mentioned..
Good luck to all who are holding now or get in early.. Hopefully it multibags in a few Months and this discussion of potential will seem crazy..
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