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If Miggster is dead then why not resell the product like they...

  1. 7,645 Posts.
    lightbulb Created with Sketch. 1984
    If Miggster is dead then why not resell the product like they did with Crowd1. Sure they might not get 5M like they did but even getting 1M which is 80% discounted from the last sell price should be easy to do.

    Again engage with the millions of pre-registrations that have shown an interest to me would be the easy way to revenue unless these pre-registrations were all fake/false?

    Think about the revenue potential and profitability from the 21-22 Annual Report announced to ASX Oct 2022, there was over 22 MILLION in revenue and 10M in gross profit. Sure cost would go up but they would also be getting 100% instead of the 20-50% cut (IRRC).

    https://hotcopper.com.au/data/attachments/5789/5789800-c481d92d528865be418b9549f29be089.jpg

    Just compare to the total revenue all these acquisitions/partnerships did for EM1/SP8 in the last year - you are missing out on 5x revenue and 10x gross profit....

    https://hotcopper.com.au/data/attachments/5789/5789821-77634bf8b4c49353f9f220155ecab6c4.jpg

    Do SHers want to make money? As you cannot say that the current direction is being as fruitful as Miggster unless Miggster was all just a money laundering operation for Crowd1?


 
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