Ann: Shareholder Update - September 2018, page-35

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justbargains

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23/09/18

10:06

Post #: 35780084
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Originally posted by BlueSkyOne ↑

yes, I understand we don't want to share personal info on here.

I just wanted to share my research with you but seems bit hard.
anyways, you probably have done a lot more research than me so.. should be same as yours.

my research tells me,

1. FGF could sell all tokens by July 2019 if they want to exit before 12 month lock up end ( ICO tokens) - all tokens are locked up except FGF's and Acudeen's.

just need to sell around 6M ACU tokens daily = not a big issue considering BTCEXA volume and upcoming listing on other exchanges (hopefully big one) , not just one=multiple.

or FGF can hold longer and sell anytime.. either way= revenue

ACU was top 4 ICOs out of 624, should do really well= I think FGF could sell all tokens at average 1.5c = AU$43M revenue
https://icoformula.com/acudeen

I heard they normally use bots to distribute tokens just like what brokers/intos do in the stock market.

and the most important question is ..

is FGF overvalued at 1.7c ( 24M Mcap) or undervalued?

each to their own.

Good Luck.
DYOR

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Did you ever consider that FGF could offer the two billion coins to provide liquidity when ACU is listing on the next exchange. Companies do that all the time move stocks from one exchange to another in order not to dilute the shares. Slightly different here but, Depending on the listing price I would say at least 1.5, FGF can offload all coins to who ever wants to take up the offer. Same as pre ipo.

FGF Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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