It's only just dawned on me. The cheapest Crowd1 tier is the "White Package" @ 109 EU.
Essentially Crowd1 pockets 107 EU giving EM1 2 EU for a 12 month subscription. 2 EU for a whole 12 months!
I recognise that EM1 also gets 500,000 EU for prizes and other costs for server infrastructure, but that has to be THE WORST deal imaginable.
You have to remember that Crowd1 also makes money on the other tiers as well. If they've pulled 1,062,335 subscribers through promotion, that means they've sold that many packages! Crowd1 are taking all the money here.
If that doesn't highlight how incompetent EM1 is, I don't know what does.
Ann: Response to ASX Query, page-17
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