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Originally posted by Jait47:
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whatever Michaels idea was, Mogul isnt that anymore. Moguls current business model is to buy other businesses and use other peoples ideas. Its the lowest of the low as far as business goes. Theres zero creativity, zero ingenuity. If Michael was on the right track as you say then we are currently on the wrong track as the business model has completely changed from an event organiser with tiered products (bronze , silver, gold) with the mighty failure of Rewired fest being the grand debut of the gold tier, to a Shell company aiming to buy other companies.
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Its a shell company, worth no more than the cash it will holds, in fact less as its just burning cash. The only reason a business will sell part of their company to MGG aka ESH is to get access to shareholders cash or to pop a cork with their buddys for being listed on the ASX.
(20min delay)