Looks like we jut crossed the 50k mark. Good to see we are gaining consistent rankings in the core SE Asian countries, and for the last month appear to be making some impact in the US in the IOS store.
Assuming we have converted minimum of 10k into paying subscribers, that's $100k USD of RECURRING annual revenue.
Marketing spend is forecast to double over the quarter, which given the ZIP & NOR experience would seem concerning, but with $5m still in the kicker and a steady flow of well targeted sponsorships/partnerships and a product that is gaining traction, I'm becoming more confident that these guys are going to make it.
Still zero interest/liquidity in the stock, I've been tempted to top up, but I think I'll wait and see what happens with Trumpaggedon first!
FRX Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
