1. Negotiate a deal with the Government re the roll out of Family Insights app as the choice for family internet management or
The alternative is retail app sales plus the book.
It would appear the app is getting minimal subscription numbers from the retail one on one approach.
Frugl - a diversion.
The acquisition is based on a yet to be established performance criteria with millions of shares being the payout.
Plus a mess yet to be sorted out internally within the Frugl group.
and Family Insights are talking about what a wonderful fit it will be for the group. A tinpot operation besieged with internal strife !
..........As a shareholder, I would rather take the hit and get rid of all existing management and hangers on.
I respect Robyn Treyvaud and her advice, the rest imo are out of their depth. None of the others have any background or qualifications in this complex area.
Better to have a low cost entry point app, operated by a group of expert qualified contributors from around the world under the guidance of Robyn Treyvaud. An app providing advice on how families can negotiate the internet.
Then corporations will become involved recognising the community value of such an app.
Money will be made by app subscriptions and corporate sponsorship. Family contributions will be made by Mums, Dads, and children. It will be embracing and have worldwide community value. Input will come from all quarters with a forum the has an underling value.
Family unity.
The Board from my readings have ever been associated with such a complex social issue.
The app in its current form imo has a major marketing obstacle - overcoming the issue of the children saying "Mum, Dad - don't your trust me?
It is isolating the very people it is meant to be helping.
.......
FAM Price at posting:
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