Im trying to work out why there is so much Negativity around this stock.
Since the launch of the commercial product, Wangle has been downloaded a total of 11,951 times by Android devices and 3,264 by Apple devices as of today's date. These numbers are going to increased with more marketing and the deal done the other day getting the product out to students.
If we take a conservative approach and say only 25% of those downloads turn into subscribers, that is almost $20,000 of revenue. In my books thats a great start for an app that has only been around for a very limited time (only 2 months).
With the expertise the current management hold, its hard to not see this growing massively over the next few month.
So cheer up all you doom and gloom people as the future of Wangle is looking bright!
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