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49.0¢ family zone cyber safety limited

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bells01

624 Posts.

22

29/12/17

18:30

Post #: 29939918
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Originally posted by U3962521 ↑

A bunch of schools have agreed to begin charging parents as part of their annual school fees ( no option to opt out) as part of the school program. So there will be a big drop in of revenues in q 1 once the schools start back up and the parents pay their dues to the schools....

Once thing I am awaiting is whether FZO hit their second milestone which was to achieve 30,000 paid subscribers by 31st Dec 2017.
They hit their 20,000 in early nov, effectively doubling their paid subscribers from 11,000 to over 20,000 in 4 months (it took them 3 years to go from 0 to 11,000 paid subscribers)
Let's say they hit 21000 in November... they need another 9000 paid subscribers in 2 months... and with schools shutting down in december... if they achieve it it will mean they have been able to grow from 11,000 (took 3 years) to 30,000 in 6 months or a near 300% increase in a 6 month period of paid subscribers...

Looking forward to hearing this news whether they got there or not within the week

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If you look at the last announcement and update, they are at over 30,000 registered subscriber accounts globally and 5,000 international accounts.

So if your numbers are right, +300% growth has already been achieved...

FZO Price at posting: 61.5¢ Sentiment: Buy Disclosure: Held
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