Hopefully they can build on this and keep the momentum. They need to produce announcements more frequently. It also needs a big churn in new shareholders to refresh the investor base in HMO.
In particular i like the last paragraph: we look forward to concluding negotiations with parties capable of introducing/producing quality content, introducing advertising partners and partnersing with the platform in the future. I just hope that future means tomorrow.
They cant afford to make the same mistakes. Need to create an new energy with this social media app.
Another thing is what is the rate of retention. Management hasnt really given any indication of late. Especially with Danielle Broggi ( i think that is how you spell her name)? She did have a great affect but i would like to know, as she has recently slowed down on her posts, how many of her followers have been retatined? We should have already hit the 1m followers by now?
I hope they come up with a big announcement soon! I was quite negative but if they engage the market regularly and get the investment market to follow we should be on a winner in no time.
Its a tightly held registry as long as not everyone dumps there shares as soon as it goes up beyond 20c it should do well.
We need to believe in management again. Dont lose the trust.
Goodluck to all shareholders.
HMO Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
