Ann: Response to ASX Price & Volume Query, page-22

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Jezza59

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21/07/18

11:52

Post #: 34492920
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Originally posted by Michaeljob ↑

I know some here are looking for the quick few pips and others are genuine investors. The way I see SRO is as one of those true blue sky plays, if they can gain a foothold in what is clearly a lucrative niche space then they have the genuine potential to be a huge success, truth be told the odds are against them but at such an early stage the possibility that they are the 1 in a hundred that has what it takes to be a success case are still in my opinion worth backing.

We have a decent suite of products which will produce a modest revenue, a well connected and charismatic CEO, a clear timeline of progression and perhaps most importantly a solid, positive news flow.

Over the next few months I anticipate (as has been hinted) that we will see a few big names dropped.

The As announced on 25 May 2018, the company’s launch strategy timelines include: ● End of Q4 - launch of MediaConsent’s Beta program to advisors ● Q1 - launch of MediaConsent’s Pilot program ● Q2 - launch of MediaConsent’s commercial rollout

The current platform that a few will have been able to review remains the Beta by the looks aimed at the advisory board to function test and perform UX testing etc. The next stage of pilot testing is where Noah has mentioned that a couple of brands (likely well known) will be onboarded for a more in depth user testing, the platform will again be modified to ensure the needs of the user are adequately met. The next phase will be the commercial rollout, at this point I think the news flow should be thick and fast with frequent updates and on-boarding of clients

For some idea of how the market can get behind a company at that stage in development it's well worth looking to the past. RFN during this stage ran around 1000%, NOR 800%, 1PG ~1400%, there are many other cases, most with similar runs as the market prices in blue sky and the euphoria takes over, during this stage it's obviously prudent to take a chunk off the table as while it's hard not to see that your stock will be the 1 in 100 that successfully bridges the gap between revenue expectation and reality the fact remains that the odds are against you.

All in all I think that at this stage SRO still represents a ground floor entry into a sector and company that has huge promise and a high probability of running several hundred percent but remain realistic that the large gains may, as they have in the examples above not be sustainable.

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I think by the end of September after listening to Noah on the utube by the way thanks for sharing it we will know where Share root will be going. Judging by the way Mr Marak bought in and his knowledge of this industry this is a very good punt at these levels.

Got in at 5.

I am in for the 1000 percent.

SRO Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
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