Entry for STT List
ESN - Edugaming in primarily USA (FA)
Market Cap: 8.5Mill
SP: 0.004
Cash: Approx 300k (this one is highly speculative !!)
Has developed and is marketing an edugaming platform (Kneoworld) aimed at 5 to 12 year olds. Monthly/Annual Subscription based charge for use.
In November announced that the platform was being made available on Android and IOS devices (previously mainly browser based). This was after announcing prior that the USA PTA organisation had endorsed them as a fundraising partner. They also were awarded the PTPA "Parent Approved" seal. Ahead of the game with COPPA child privacy laws being legislated in the USA. Anecdotally CEO confirmed a number of school PTAs had signed up to the PTA fundraising deal.
Upcoming quarterly will be first quarterly to report revenues since the instigation of the PTA program. I believe there will be speculative trading activity leading up to quarterly with more interest the longer the quarterly takes (ie potential gains regardless of actual final outcome). Possibility of significant jump if initial revenue figures are encouraging.
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