all fair comments thermo. Free carry or not, my comments today...

all fair comments thermo. Free carry or not, my comments today as a holder, i still have a vested interest to see us do well. But we have to be analytical. We have to probe. we Have to enquire. Its only in hindsight we can have the perspective to ask such.

i was very bullish, coming out of a mining bear market, into a tech, low capex, good margins on K2u.
Do you recall the AFR article on K2u, and @redbars discussions over margins.  And compare with a competitors growth ? who achieved huge MC growth, selling just a simple product ?  That could have been us, and K2u. Because K2u was simple, low hub requirements. But despite all the talk from the company, on its margins, and potential, they dropped the ball, and blamed their regional marketing partner.

The story evolves, and so does our perspective.  i no longer have my pom poms, or my cheerleader outfit.

Why was K2u Dropped as a primary product? if it was said to be an easily marketable , better than peer product? Although it remains as a bonus feature in the tv2 b2bs.

Either it wasnt up to what the marketing spin or market penetration was promoted at the time, by the company to be. Or, nick abandoned it to chase the skirt of the razzle dazzle of the next Netflix. Which had its own issues, including chasing crap partnering, or our tech wasnt ready.

"QUARTERLY REPORT  Period Ended 30 September 2016  Highlights
 Successful implementation of  the companies lead conversion via its low capex / high margin monetisation  strategy with further growth to be completed in the near term
 Phase 2 launch of Karaoke2U with localised content optionality now being rolled out across multiple regions,  on time and within budget....

....Karaoke2U  TV2U’s Karaoke2U App has now launched across the Commonwealth of Independent States (CIS) Region, Malaysia,  Thailand, UK, New Zealand and Australia. The Company is poised to roll‐out the K2U App into Indonesia, the world’s  4th most populous region, following the successful soft launch of the App in Australia, New Zealand, Thailand and  Malaysia. Indonesia has been selected due to its population size and cultural similarities with Malaysia, where the  App has already enjoyed a great uptake.   After the initial soft launch the Company is now preparing for an official global online marketing campaign over the  coming months to coincide with the major feature rich upgrade of K2U completed in September which includes  Karaoke performance video publishing, sharing of content, chat and friends features, which will boost downloads,  subscriber numbers and revenue"

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