LU7 6.25% 1.5¢ lithium universe limited

Real world mogul use, page-81

  1. 1,192 Posts.
    lightbulb Created with Sketch. 181
    If they hit that goal, it certainly would be close but I don't believe that's factoring in;

    - The 50/50 revenue split with their partner.
    - Substantially increased prize pools (opex) to adequately cater for 100,000+ users.
    - Avenues for effective VIP subscription retention.
    - They mightn't even hit their target.

    Given that VIP has been active since February and there hasn't been an official announcement stating how many VIP subs they have; that leads me to believe management haven't acquired many, let alone retained them.

    From the announcement;

    "Under the Agreement, Mogul and Alliance will share the target of onboarding 100,000 monthly subscribers with a mutually beneficial revenue share model."

    You have obviously misinterpreted a target as 'we will be signing up 100,000 VIP members'. I suggest you read announcements more carefully and perhaps not counting your chickens before they hatch, champ.


    For the record; I'm not saying this won't happen. Just dealing in facts and not get carried away with the possibilites as many have done before.
    Last edited by ciccos: 01/07/19
 
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