DOU 16.7% 0.4¢ douugh limited

Ann: Extension to Voluntary Suspension, page-42

  1. 124 Posts.
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    Goodments

    Funding
    Pozible Crowdfunding (July 2017) $17,874
    Angel Investors $100,000
    Seed Round funding $650,000
    Equitise Crowdfunding (18th March 2019) $239,000

    Numbers
    March 2019 -3800 trades completed -3500 users
    April 2019- Generating $5000/month
    Estimated $857,000 total in app @0.7% fee
    About $250 Invested per customer.

    Android Total Installs
    5000-10000. Active installs much less.

    Apple Total Installs (Estimated)
    5000-10000 based on review numbers

    Total ACTIVE customers (Estimated)
    Less than 7500 Could be much less.

    7500 customers * 500average investment =$3,750,000
    $3,750,000*0.7% =$262,500 Revenue.
    Even 100% error, Annual Revenue is less than $600,000

    Fair Purchase Price? Thoughts?
    Last edited by Bankable: 05/01/21
 
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