Acutally the company has no product. It is in a JV with the company that owns the product through a susidiary of itself. As for completely untestable claims a few handful have had the privelege of access to the (un-owned) game, that hardly mounts an argument of commercial viability.
Further Hot Shot Media Pty Ltd is Responsible for the expenditure of $5mil of operational expenses. Where is that money coming from? There are no details about the cash reserves or cashflows of the business which is being acquired which is probably likely to result in a significant captial raising. $5mil @ 2cents is another 250mil shares on issue. So if you are holding perhaps factor that in to your calcs.
JT
MMZ Price at posting:
2.4¢ Sentiment: None Disclosure: Not Held
