UNT 0.00% 1.3¢ unith ltd

CM8 undervalued CROWD DIRECT kicking GOALS FINTECH INSURETECH

  1. 3,543 Posts.
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    With CROWDS share price heading for new yearly highs and the next target of 6c being almost in sight 2021 is looking like it is going to be a MASSIVE YEAR for CM8 shareholders.

    The latest quarterly is certainly showing shareholders that the new board supporting Carosa the company is on its way with ALL the NEW INITIATIVES being put in place and starting to show results.

    Exciting times for the CHAT BOX Talking Heads TECHNOLOGY and our Corwd Direct is now showing a GOOD UPLIFT in revenues up 136% for the quarter.

    EXCITING TIMES ahead for Crowd shareholders.



    Operations Update:
    • Crowd Direct launched 2 new ecommerce brands: MD Complete, and Teadora
    • Acquired 100% of the I AM KAMU online ecommerce brand
    • Amazon channel showing some improved sales, albeit from a low base
    • Q&A Chatbot AI now handling approximately 65% of enquiries without any human labour resources
    • Acquired an 8% strategic stake in Forever Holdings Ltd to secure our “talking head” strategy (Horizon
    3)
    • Continuing to work on acquiring Fintech and Insuretech regulatory licences, required to launch said
    products in CY2021 (Horizon 2 strategy)
    • Accelerated R&D into AI-driven “talking head” technology for the influencer and educational markets
    by leveraging our Q&A Chatbot technology
    Outlook and Future Activities:
    • CM8 expects December quarter to be a record for its Crowd Direct division
    • Anticipate signing further ecommerce brands for the European market in FY2021
    • Acquisition of fintech and Insuretech licences intended for CY2021 launch
    • Continued R&D investment to further underpin Horizon 3 strategy
    • Forever Holdings cooperation on selected business development opportunities in the music, celebrity
    and educational sectors.
 
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