App crashing demand, page-69

Some thoughts:

1. I remember that management had stressed tested the app for 1 million followers. I am not sure if this means they stress tested to the same number for a libe stream. Either way, if it crashed due to large volume then that is not a bad sign.

2. I think that the competition was successful in that it proved a concept app to actually work. Of course, there are many improvements to be made and they must be made. They need to get some deals done with regard to India and they need to sort out who will be the next celebrity judges. I think Usher would be good again but I would be aiming for a younger-generation name such as Ed Sheeran, for example (I have disregarded costs for this exercise).

3. If management can focus on getting on or two cornerstone investors to inject large amounts of cash, that is the next step to grow our app. Tapid growth and scaling it up is what needs to be focused on. It would allow technical upgrades to the app to be made, greater marketing to happen, and help pay for judges and prizes.

4. Management just need to remind shareholders again of the latest stats in terms if the app and to explain when first revenues will be generated and how much so far.

5. I have a small holding but I am waiting for the right moment to buy a bagload of shares. This stock can accelerate quickly so long as management tick the right future boxes and move quickly. I am confident that January/February will be the make or break months for megastart and I believe they will make it. I think the shareprice is almost at its bottom if it isn’t already. The options look tasty at current prices.