On reading these latest posts it might be a good time for people to go back to the presentation given on 10 June 2015 for the rationale and strategy behind the purchase of Track. Then determine what, if any, benefits have come to the previous Crowd-Mobile business had that purchase not have
been made.
I.E. Where would the "old" Crowd-Mobile be now without the Track platform?
And be asking, where would the new Crowd-Mobile be if it wasn't for that "vendor" finance??
I firmly believe that the debt to the vendors should most certainly be the number one target for debt reduction, that has been (probably unforseen and without choice) the major negative about that transaction and seems clear that the deal would not have gone through without it.
CM8 Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
