Did Emerge receive $8.3M from an offshore Ponzi scheme?, page-342

Let's just get the facts straight.

- Management been ticking all the box. Achieve 100,000 subscriber within 6 months of Miggster launch as per TIM agreement
- Miggster retain $3.1m (34%) of the $9m banked- very good margins
- To date only $81k spent on prize
- Apparently 74% of the 100,000 subscriber are our sales team, 74,000 highly motivated global sales team ready to sell
- Strong sustained growth in Miggster social targeting a global audience

- Miggster plus (premium AAA) games to launch late February/March, even higher margins as higher average user spend
- People have been calling crowd1 a ponzi scheme for over a year yet they are still around. Not a single person from management arrested for fraud. Have a read on Ackman & Herbalife. You get the idea
- We still have MTN arena, essentially a second revenue stream
- Potential to partner with additional network operators around the globe
- Revenue & profit significantly higher than most if not all other speculative stock at similar market cap
- Down side include higher portion of net revenue retained by ICT up to 80% if >than 700,000 subscribers although Emerge can source their own subscribers



Conclusion:
Either you believe this is all a scam or the company will continue trading and thriving. I believe it's the later although am optimistically cautious at the same time. There are plenty of upside however there are always risk regardless of whatever company you invest in. The higher the risk the greater the return. If people weren't dubious about crowd1 the share price of Emerge would be 30 cents by now. Emerge is just using crowd1 as a stepping stone to bring it to greater heights. Let's wait for Miggster plus to see what that brings. EM1 by far the best gaming stock to invest in the ASX.

Everyone should only invest what they can afford to lose and in accordance to their risk tolerance. All the best.