Breakeven no of users, page-10

https://www.cnbc.com/video/2016/06/08/what-are-the-challenges-ahead-for-9-spokes.html

Watch this CNBC interview that features Mark Estall from June 2016. It's only 3 mins long.

The company to date is 5 years old. You have to ask yourself what have they been doing all this time? This is how Estall describes it:

• Spent the first year figuring out the idea.
• Spent the second year building a proof of concept.
• Spent the third year building that out into a product.
• Spent the forth year selling it to Barclays, Suncorp and Deloitte.

So what have they being doing in their 5th year apart from burning shareholders cash?

Here' a quote from @2:26

"We're listing to make it easier for our clients [Barclays, Suncorp and Deloitte]...when you're talking to Barclays and Deloitte it's easier for them to deal with a public company"

Proof that they had to list in order to close those deals.

Also have a look as this quote here @2:15

"[money] isn't easy to gain from a private market. The public market suits us in that aspect."

Proof that the private market turned them away so they had to go public to get funds.

The writing is on the wall. What are people here expecting? Is this all of a sudden going to take off? Is 2017 going to be the year where hundreds of thousands of users join? Or will it be their 7th year? One thing I know for sure is that they won't have any money left.