We now have 2 websites, Wangle and Familiy Insights Group.
Must have 2 offices, one in Subiaco and one in Brisbane.
There seems to be 2 people from Cireco involved in Family Insights Group. The company secreatary Loren and a Director being paid $10,000 per month. Both located in the Subiaco Office. So who is moving to Brisbane. Sean? All I see this move doing is adding cost to the operation. I have not seen any details to suggest the commercial value of this decision.
I amused that the company name has been changed to Familiy Inisights Group. Not sure how a VPN technology and Frugl fit into this branding. What happens if Famiily Insights fails to gain traction. You are then using a brand name of Family Insights to market a VPN technology and Frugl. Strange. Sounds a bit like Telstra flogging ice cream and leather shoes.
How do you do a road show to investment houses saying well we are an app company soliving family internet issues, also we have VPN and would you believe a company that helps you get a grocery deal and we have our CEO in Brisbane, 2 Directors in Perth along with the company secretary.
We have no revenue and over the last 2 years have spentover $6,000,000 on salaries, consultants, directors and associated fees along with 2 billion shares on issue and a share price of .001c plus been suspended for some 2 months with a court case for sloppy administration.
Interesting and I am a shareholder.
FAM Price at posting:
0.2¢ Sentiment: None Disclosure: Held