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6.8¢ hearmeout limited

Ann: HMO Signs Leading Social Media Star, page-11

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Klue

7,006 Posts.

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06/06/17

22:55

Post #: 25136373
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Originally posted by spongebobby ↑

Company will have a little over 4.6M cash at the end of June so cash backing will be 7.0c by the end of June - 1M EV as at today's close 8.8c.

The market has spoken clearly not too excited by the singing up of the social media 'star', however the social media aspect is a side show for me (at this early stage) the main event is the connected car space. This is where I see the true potential value unfolding.

From the 2/5 ANN:

"HearMeOut is working to expand further in this market and expects to secure other agreements with major auto manufacturers in the short-to-medium term following its agreement with Ford."

Interesting to note that Lyons who works within Ford is incentivised via options exercisable at 30c, 160K of which expire in a little under 2 months.

EV - 1M (end of June) this was approx 10m a few months ago.
Only 65M SOI and top 20 hold approx 60% available shares won't take much to get this moving.

Expand

But what exactly are they connecting? Aren't they just trying to have their app available as standard on the head unit?

So unless people already use it then they will ignore it.

Happy to be proven wrong if i am misunderstanding the Ford deal.

HMO Price at posting: 8.8¢ Sentiment: None Disclosure: Not Held
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