Eagerly waiting...

Can't wait for this company to release their app(s). Did anyone go to the AGM?

For what its worth here's the research I posted elsewhere on the site:
MC: $15.75 million at 0.042c/share (last 0.045c)
SOI: 375 million
Cash: ~$3 million at 6/2016, cash burn at that time of ~$465,000/quarter
Board: Clarke/Robinson/M. Walker/Cheema (hold ~19 million shares between them)
Top 20 hold 55%

A description of the company lifted from one of their documents: "On demand movement of goods and services, logistics and supply chain management capabilities and sharing-economy based logistics technology to Asian-Pacific region (“initially”) via blockchain"
Translated: Their main business will be using unutilised capacity from various carriers across the asian-pacific region to transport goods and services across the entire region. ie this includes unutilised space from delivery trucks from various companies, private contractors, etc. YOJ wants to link the unutilised transport capacity across the entire asian-pacific region to move goods and services. Additionally, they will help pre-existing businesses optimise their delivery routes via their AI platform. Consumers can also use the app to send packages.

Benefits of YOJ:
- Uses unutilised capacity of various companies and private contractors. Especially important in other parts of asia where private contractors make up a larger portion of the delivery workforce
- Transparent. The blockchain allows tracking of deliveries so no lost packages.
- Tracking - Their powerpoints touts close tracking of packages - ie minute to minute location based tracking
- Basically no capital outlay for YOJ. This is the best part for me....as they're utilising capacity from different providers across the region they don't actually have to spend a dime on delivery trucks or personel. They just organise for the packages to be put on trucks which are otherwise not being fully loaded.
- Uses AI and machine learning algorithms - all the sexy buzz words
- MC very undemanding for all of the above

So where are they now:
- They have over 33,000 vehicles and 550 transport hubs registered to their platform (they stopped advertising after they reached their goal of 20,000 vehicles - the remainder have signed up without any advertising needed)
- Two MOU's so far with large corporations across asia-pacific region. Also from one of their recent announcements: "Registrations have come from small- and medium-sized companies across the region, as well as one multinational ‘big four’ logistics company firm that has expressed interest in Yojee’s model and technology."
- Their driver apps are currently in the market in beta. Consumer app will be released Q4 2016. Fleet management app and optimisation app and white label services scheduled for launch Q4 2016. Full platform release to market Q1 2017
- They will open the app to Singapore same day business customers as a "soft launch" in the next month or so. They expect to start generating revenue this year