FAM 0.00% 3.1¢ family insights group limited

Ann: General Meeting 25 March 2019 - Withdrawal of Resolution, page-9

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  1. 7,374 Posts.
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    As I see it this company is now in full survival mode.

    They have limited funds remaining.

    Payments are required for the CEO and consultants to keep the company operating.

    It would seem that the only marketing strategy they are using, is to use the free service of Facebook.

    Subscriptions to this point for the VPN and Family Insites are negligible.

    Share price is on its knees.

    They have have 2 billion shares on offer and how can you run another CR with the current share price.

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    They have not announced one deal with a cash/revenue commitment from any organisation.

    imo - from what is now currently presented to the shareholders by the company,  it is now a matter of time before the recycling process begins again.
 
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Currently unlisted public company.

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