LU7 6.25% 1.5¢ lithium universe limited

Ann: Mogul Enters into New Partnership with Avant, page-30

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    The revenue share is not Avant or Mogul sharing their overall revenue but rather they do a tournament with say 100 people with a $5 entry fee on a weekly basis with a 50/50 split revenue.

    or 100 * 5 * 52 = $26,000 p.a. or 13k/13k split.

    Before anyone says 26k or 13k isn't going to pay the bills, i understand this but get 10 companies (currently 3) and we are talking 260k or 130k and this doesn't include VIPs that we get or sponsorship directly.

    With a lot of these e sports teams they field multiple games so lets say each do 3 games each on average then the number would be 390k but the big part is like with Avant they have 14k followers so if 3,000 of them were doing these tournaments each week then we have 780k or 390k each and with 10 teams that is 3.9M and if 10% of the players took up VIP that is another 180k on top (3000 players * 0.1 (10%) * 10 teams * $5 * 12 months = 180k)

    Small wins can really change as more and more people take it up.
 
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