Definitely not a big deal. Don't get trapped into flashy...

  1. 3,491 Posts.
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    Definitely not a big deal. Don't get trapped into flashy headlines and large numbers they throw around in their announcements. These guys have apparently over 10 million unique users on their platform, yet can only generate $2,000 for the whole last quarter. IMO they need to be audited because I personally do not believe their reports at all.

    Their previous "agreements" with shady entities have turned into nothing. Their Sportsclips agreement has turned to nothing, which was supposed to get them in front of an audience of 10's of millions of users via Indosat (one of the largest Indonesian telcomms), turned out to be bs. I already called this out when I did research into their agreement and the entity "Sportsclips". I sent Sportshero an email with my valid concerns in May 2021, which went unanswered - red flag there.

    You'll also note the Sportsclips website has now been taken down too. Odd that the ASX doesn't require Sportshero to disclose this information.

    Anyhow point being, all these flashy announcements aren't worth the paper they're printed on. Writing is on the wall and all the evidence is there that this Company is incapable of generating revenue, let alone a profit at any stage.

    Shady announcements, shady dealings with shady people and shady companies. If you find my old posts I delve into all of this with proof.

    All the above is IMO through the research I've done. Always DYOR.
 
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