I am reading quite a lot of hearsay and emotion on this stock. Thought a discussion on key drivers might focus the thread. Emerge gets its revenue from 3 sources.
1. Miggstar subscriptions via Crowd1
2. MDN subscription out of Africa. A major telco selling OTT games
3. Sale of crypto currency
Stockholders are not fully informed as no update to latest subs were provided in the latest accounts
Until subs for jan and feb are provided it is all heresay on company performance.
My view is that this stock can jump if the subscription numbers are good and if they sign another telco for OTT gaming it is all positive.
Miss these 2 targets then?????
I found it interesting that EM1 made $1m from crypto sales. 30% of its revenue.
Also the April options are out of the money in 4 to 5 weeks. These are priced at 0.08c so management will want some good news to take these up
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