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Pundits, commentators and analysts are more reliable than people...

  1. 938 Posts.
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    Pundits, commentators and analysts are more reliable than people with a vested financial interest who will lie and mislead for selfish reasons.

    "Miggster could be $10M+USD. Has big potential." - There's that word "could" again... it could also be worth 1 sextillion dollars... but again, not relality or factual.
    The only people paying for Miggster at the moment is Crowd1, not users. Crowd1's vested interest in Miggster is to try and legitimise their pyramid scheme, which without Miggster is blatantly obvious to all financial regulators.

    They've been talking about expanding MTN since the beginning. Not only has this NOT happened, but they're struggling to retain users who are barely using the service for more than a few days. Extremely poor user retnetion is evidence of a low value, poor quality product.

    I know.. its hard for you to connect the dots between low user retention (or usage of the product for that matter) and generating revenue from legitimate means. Also the company has 18.2 million dollars, which is less than the combined capital from issuing shares and exercising options, with the only asset they've achieved being ArcadeX...

    Doesn't exactly seem like an achievement in anything other than marketing, misleading and spin. But sure, job well done, they've achieved the impossible by being in an indefinite suspension until they figure out how they're divesting something they don't own.

 
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