Price sensitive announcements continue to rain down. NICE! Good to see management doing their job and things are actually happening... Not a bad start at all in my opinion. With a guaranteed 144 k annually from just 2400 employees with the rest of the 12000 employees to be embedded within the next twelve months. That's 12,000 X $5 per month = $60,000 per month or $720,000 annually. Then this juicy part:
"WellteQ is pursuing its internal growth target with an objective of delivering its monthly users to 500,000 by conclusion of 2020."
Let's work that out in terms of dollars by the end of 2020:
500,000 x $5 per month = $2,500,000 per month x 12 = 30 million annually... Um how much is the share price again?! Lol then there's China etc....
Yep. Time to add IMO...
Here is the video:
This is a good one too:
Cheers
Red bar
MYQ Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held