I feel dumber the more I read the comments to these threads, and I am a holder... If English is not your first language, please apologise in the first instance... At a minimum, please let us know you cannot string a sentence together, or use proper grammar..! That said, this is tech gaming stock, so maybe I should dumb down and lower my expectations............................. End rant.
Cash Receipt, defined - is a Receipt of Sale; not a statement of profit or loss. This (statement) cannot be declared until a quarterly.
Emerge declare proceeds of a cash receipt, as they are the ones who are the recipients (technically). In reality, they have operating costs - these are defined in the TIM agreement, among others.
Either way, and no matter how you interpret it or choose to ignore it - ~$8.3M in sales with an ongoing take-up, in 48 days is an accomplishment.
I will be interested in:
1. When TIM or Crowd1 is obliged to stop, or cease marketing - this may have an impact on take-up (if there is an end date, or if they are engaged to market, and/or continue marketing)
2. When the prize incentives will cease as part of any marketing strategy
Anyway, I can rest easy with ANN like these; at the rate and quality they are being released (thanks in part to the ASX).
Upwards. Onwards.
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