MBI mobi limited

info

  1. 231 Posts.
    lightbulb Created with Sketch. 5
    Have found out the following. Will be doing a plcement in the next week. Are still giving out 600-700 feebies per day and are converting at a rate of over 5%. This equates to 30 * 600 * .05 = 900 new paying customers per month @ 3.50 per month = $3,150 at the end of 12 months the take should be at least 12 * 3150 = $37,800. So I feel without a major deal that generates them revenue they will be still in cash burn mode after 12 months.

    Anyone got any further comments.
 
watchlist Created with Sketch. Add MBI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.