AO1 0.00% 0.1¢ assetowl limited

Sorry correction, not $750 a month, only $450 a month at MOST...

  1. 138 Posts.
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    Sorry correction, not $750 a month, only $450 a month at MOST assuming they have signed up for the top tier.

    For those trying to say that I was downramping, tell me how a business that burnt $439k last quarter (excluding a gov grant) is going to be able to sustain itself on $450 a month? The whole time I've provided evidence from 4C's and other market releases however your delusion continued.. Hopefully this pathetic announcement strikes a bit of reality into you.

    Honestly I was hoping for a positive announcement regarding take up of the product after the REIV partnership but AO1 have seemingly shown how incapable they are of selling the product. I don't think at this point I will be taking a position in the company again anymore. All holders are going to get stung BAD in the now inevitable CR, and with cash burn of $450 a quarter they are going to have to raise a lot of money, at what? 0.004? 0.005?

    Feel bad for those that bought in during the recent pump but I did warn you and it was very obvious. Hopefully Galaxy can relax on his upramping now.

    https://hotcopper.com.au/data/attachments/2989/2989559-2cc6c2fb61ece7d2313f2ed474f40495.jpg
    https://hotcopper.com.au/data/attachments/2989/2989561-91f51cff5b10028ee9b60c99b89ceb8f.jpg

 
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