I wonder why you bought 70,000 more at 13.5c the other day since...

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Konfi

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01/07/16

13:35

Post #: 18171104
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Originally posted by Dynamo77 ↑

Cashman if you're going to quote previous announcements why didn't you quote the following -

16 June 2015
Beta testing to run in parallel to immediate marketing and distribution activities in initial launch markets; Latin America and the Caribbean
Beta testing will run in parallel with the immediate marketing and distribution activities planned by the Company in the initial launch markets of Latin America, in order to gain traction and a sufficient number of ‘AirAgents’ on board ahead of the public beta testing in Q3 2015.
>>How many AirAgents do we currently have? What proof of ANY marketing have you seen because I can't find jack.

29 Sept 2015
At the end of the public beta testing the application will begin to implement and charge fees on each transaction paving the way for wide scale commercialisation.
Upon successful completion of the public beta, expected at the end of Q4 2015, a commercial pilot launch will commence in early 2016.
>>Charge fees on what transaction? We don't even have a remittance product yet...as promised.
>>Commercial pilot launch in early 2016? It's now the second half of 2016 and we have no remittance product to date.

23 Dec 2015
Furthermore, the Company has been actively pursuing partnerships in additional regions
and has experienced significant interest to date from prospective partners.
The Company is looking forward to updating the market on these developments in the coming months.
>>Significant interest? Yet here we are six months later and no word of any other partnerships.

12 Jan 2016
The Board is very focused and committed to executing the commercial rollout of the Company’s global
remittance fintech product AirPocket, firstly in Latin America and the Caribbean during Q2 2016.
>>Q2 is now over. Remittance product? We have a mobile phone top-up app.
DigitalX is no exception to this, and we are now in the final stages of securing a number of key contracts
with global industry leaders to bring our technology to large and growing markets around the world
including Latin America and the Caribbean.
>>Final stages huh? Six months seems like an awfully long time to secure these deals. Perhaps if Zhenya stopped partying and actually visited the countries we're trying to penetrate the product might be off the ground.

23 Feb 2016
DigitalX expands into Mexico through strategic partnership with leading payments company.
>>And? Where are we with this?

I could pull countless more unmet promises from those ramped up announcements but the bottom line is Abra is way ahead of us (10,000 downloads on Google Play vs. our 10-50), they've had way more publicity online where it counts and they've just hit the US market with a remittance app.

So, you can continue to congratulate management if you like. I'm going to call them out on their BS in a hope they get their sh!t together.

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I wonder why you bought 70,000 more at 13.5c the other day since you have so many gripes about this stock? Its a bit SM to be buying more into a stock that p!sses you off so much!

DCC Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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