Australia's largest stock trading and investment forum Australia's #1 stock forum

TKF

0.00%

0.1¢ tikforce limited

Okay. I guess we'll get more news on how they plan to meet...

First 37 Last

Share
Profile

Follow
christophe

15,043 Posts.

556

28/02/17

16:11

Post #: 22979723
Share

Originally posted by sk1pper ↑

I was referring to the performance milestones in their recent releases:

(a) 40,806,522 (b) 20,450,000 (c) 8,000,000 (d) 12,000,000 (e) 16,000,000 (f) 2,000,000 (g) 2,000,000 (h) 1,000,000
(a) FPO – Escrowed for 24 months from date of reinstatement to official quotation of the securities
(b) Options expiring on 31 May 2018 and exercisable at $0.11 each and escrowed for 24 months from date of reinstatement to official quotation of the securities
(c) A Performance Share Milestone will be taken to have been satisfied upon the TikForce Platform achieving 10,000 paid users
(d) B Performance Share Milestone will be taken to have been satisfied upon the TikForce Platform achieving 20,000 paid users
(e) C Performance Share Milestone will be taken to have been satisfied upon the TikForce Platform achieving 30,000 paid users.
(f) D Performance Share Milestone will be taken to have been satisfied upon Min-Trak's annualised gross revenue exceeding $75,000 per quarter for 2 consecutive quarters.
(g) E Performance Share Milestone will be taken to have been satisfied upon Min-Trak's annualised gross revenue exceeding $375,000 per quarter for 2 consecutive quarters.
(h) F Performance Share Milestone will be taken to have been satisfied upon Min-Trak's annualised gross revenue exceeding $750,000 per quarter for 2 consecutive quarters. 1

Sorry if I mislead. The 1500 sign ups Christophe mentioned are a long way from the first 10,000 paid users. Perhaps Kapuddle will push them a little further

Expand

Okay. I guess we'll get more news on how they plan to meet milestone 1 and so on in time.

10k paid users will mean significant revenue imo. If every user only used the platform once it would mean 600k revenue. For some the average use is 4x a year.

Would be good to meet milestone 1 this year.

TKF Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

NWC

New World Resources inks complete PFS for Antler Copper Project in Arizona, USA

AI stocks: What to expect in 2024-25

ATH

Trial for Alterity's neurodegenerative drug ATH434 shows reduced disability

LRL

Labyrinth shares rocket by 219% on news of Comet Vale and Vivien gold project acquisitions

CTT

Cettire shares jump on FY24 revenue growth up 80% vs pcp – but stock still badly bruised