30,000 over 6 days is pretty solid. Let say they keep that pace till the end of the year, 135 days x 5000 = 675,000 more. So that will take us to 820,000 users from Tinjoy agreement. 820,000 x 64.86 = 53,185,200 AUD. I'm reasonably confident we will get close to that due to the sheer size of the market in China and also Tinjoys sales approach with the call centre drumming up business.
I don't see any money reaching AHI bank account till mid-October IMO. Let me lay it out.
AHI has to finish application testing over the coming weeks.
Tinjoy will release app 1st or 2nd week of September once testing complete.
Tinjoy customers will activate their account which will trigger payment to Tinjoy.
Tinjoy will tally September account at the EOM.
AHI get's paid 14 days after EOM which is mid-October.
I can only hope AHI cash burn has now decreased since they have paid out all NASDAQ one off payments last financial year. Even if it has come down to 400k per month that give us till mid-December. I'm hoping NASDAQ will be the only CR but not holding my breath either.
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30,000 over 6 days is pretty solid. Let say they keep that pace...
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