SAS (ASX) E mail from BeepTool

Did you ask them why they claim to have an address in texas but no american contact number?

What did that email clarify exactly? Did you ask them why they claim to have a physical address in Texas and yet no american contact number, not landline nor mobile? Did you ask why even their nigerian contract number has no landline? Obviously not.

BTW that download number they claim for IOS is absolute BS. Simply by the fact that the app has no review or ratings to speak of in the app store. A 50k downloads would entail at least 500 reviews and ratings. It is statistically and thus unassailably impossible to have 50k download and no review or ratings. Anyone who is an app developer and work with statistics will concur immediately. We even see in the play store, where the beeptool app has been downloaded 12k times, that beeptool has 214 reviews/ratings. So that 50k claim they made is a massive lie especially considering that nigerians would be most likely to use android than iphones, everything just do not gel. Even if they didn't lie, 62k total downloads since 2014 is still extremely small for a company promising 6mill per annum. Keep rate would also need to be considered and thus the actual total user number of the app could potentially be much lower. Probably number only in the small thousands if not hundreds or even 0.

Even if they do have 890k customers, their website still claims 1,000,000+ users. Did you ask them about that? Obviously not.

What is this agent locations? People with no internet connections? No smartphones? Beeptool is suppose to be an app and without those two things then it is meaningless. As for social eco $1 phone, do people even know how it works? The phone can be sold that cheap because it is intended to be subsidised by advertising hence SAS and Beeptool both WILL NEED TO PAY fee to whoever is making the social eco phone in order for any app to be installed in there.

Now I am confused as to how this beeptool is actually making money at all when virtually no one uses their app and all their customers are impoverished people that transfer so little cash that not even bank, with their economy of scale, is able to provide services to them without making a loss. This is precisely why virtually no one care about the, supposedly, target customer of SAS. So SAS is making dodgy ass speculation of 30mill revenue based on what is essentially another speculation made by a nigerian company that is chances are not making anything at present, that is if it is a legit company at all.

All that email contain is a spruiking attempt felt conveyed straight out of the brochure. It is funny how this dubious as hell beeptool company seems to set up their company to be completely reliant on SAS...it almost feels like the company is a front company created by SAS themselves. Are you sure you guys are not paid by SAS? I see a bunch of obvious paid spruikers in the crypto forum...