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Ann: Emerge signs International Revenue Generative Agreement, page-3

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    ● Emerge enters into a first phase agreement with European based Tecnología de Impacto Multiple
    S.L. to market its mobile tournament platform technology into a growing network of 10 million
    affiliate members to use and sell the platform
    ● Agreement guarantees a minimum of 100,000 paying subscribers within 6 months
    ● 100,000 subscribers equates to monthly revenue of USD$850k (~AUD$1.2M) at a monthly
    subscription of USD$8.50 (~AUD$12.00) each
    ● Monthly revenue from 100,000 paying subscribers translates to a potential annual recurring
    revenue of USD$10.2million (~AUD$14.4million assuming 100% retention of subscribers)
    ● Emerge to earn 64.5% of the Net Revenue from the platform
    ● New platform will target, high lifetime value users with large prizes and premium content in new
    countries, complementing the South Africa-focused MTN Arena offering
    ● Second phase of partnership with TIM to focus on Cloud Game Streaming
 
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