The short term loan will probably be issued in the current shares so that has to be factored in and then they consolidate it. Next they issue vendor and performance shares for the project and this could be as much as 60% of the consolidated amount. I have some figures in mind, but I am not sure it helps, seeing as we are suspended.
If they have been running this as a going concern in the Philippines, then I would like to see some numbers around the operations and what they see in the expansion across Asia.
There is a similar app available to cover Bangkok and Pattaya in Thailand that seems to do the same thing as BigDish: competition or collaboration?
NYO Price at posting:
0.1¢ Sentiment: Buy Disclosure: Held