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@TommyTrader... IMO this blatant disregard for facts by posters...

  1. 91 Posts.
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    @TommyTrader... IMO this blatant disregard for facts by posters is equally damaging to EM1, as any negative press or announcements. It creates doubt about posters intentions & why there is any hype around the stock.

    The announcement doesn't give any clear financial information, with a note referring to previous announcements for terms of agreement.

    If you look them up, it is still clear as mud; "Emerge will receive a proportion of net revenue generated by the MTN Arena platform; Net revenue is determined after agreed direct costs and taxes;"

    The billing is done by MTN, so this is not the additional income stream that you allude to & previous financial releases do not indicate a similar income or profit % relative to subscriber numbers.

    IMO/DYOR.

 
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