Re: RNS reads quite well ....Thanks Jaknike......excellent points . ( i must admit i had forgotten a lot of that recent history previously discussed. )SAGE
Re: RNS reads quite well The RNS notes: "Unaudited revenue during period July-September of the current financial year has averaged approximately $135,000 per month"Extrapolate that to a full year makes $1.62m or on a monthly basis it's $4,500 (30 days). Now compare those numbers to their wild claim back in July of:"MySQUAR Achieves Run Rate Operating Breakeven":[link] suggested:"During the last few days of June 2017, the average daily revenue reached approximately USD 8,500, an increase of 21.4% from an average of USD 7,000 in early June 2017 and an increase of 54.5% from an average of c. USD 5,500 for the whole of May 2017 (the average daily revenue for all of June was c. USD 7,200, a 30.9% increase on May 2017)."It should be blatantly obvious that they've been telling porkie pies and, more specifically, that the previous placing wasn't as they claimed:"The Company is also considering raising funds to be used to evaluate potential acquisitions and strategic investments in order to accelerate the growth of MySQUAR's product lines."But was actually a "keep the lights on" placing and they will need to place again if they want to keep the lights on a little longer. This is an absolute dog of a company.JakNife
RNS reads quite well ....so why the price drop ?SAGE
Re: big news about to be announced...BUY! LOL!Is yet another placing due?
big news about to be announced...BUY! BUY! BUY!
RNS - Integration of Ooredoo Myanmar's Billing Services Not the anticipated RNS!
Still rising The totally discredited drivel that is Sharepratts has had yet another pathetic attempt to discredit MSSQ. All they have done is once again demonstrate that they have no understanding of how shares like this are valued by the market.They really must try harder because despite their best efforts the sp went up today. Nobody reads their incoherent ramblings and so anyone who publicises their articles lacks any credibility.
Still Loss-Making MySQUAR: Finally, house broker Beaufort confirms operating break-even actually means still heavily loss-makinghtps://www.shareprophets.com/views/30899/mysquar-finally-house-broker-beaufort-confirms-operating-break-even-actually-means-still-heavily-loss-making
RNS - MMORPG Game Launch Great addition but still waiting for revenue and users update.
RNS - Issue equity and total voting rights A tad slow here. Was issued after cob yesterday.Onwards and upwards from here.Tiptop
Re: RNS - media speculation Not sure how you expect anyone to take TW and share prophets seriously. Look at TW's history. They have probably shorted the stock.
Re: RNS - media speculation Hi sage in the hills,I remember doing something similar for Globo a couple of years back to confirm for myself that their apps had immaterial download numbers.But that was on the Apple iphone store and I understand from the article (and the MySQUAR website) that MYSQ is principally via Android - I don't know how to verify Android download numbers. regards,JakNife
Re: RNS - media speculation Hi JakNife.....do you think it is possible to substantiate the TW claims from any other primary sources ?....SAGE
Re: RNS - media speculation Ok, many thanks JakNife......will have a look, ta.SAGE
Re: RNS - media speculation It's all over on share prophets, eg:MySQUAR - are its claimed user numbers exaggerated?On 16 January 2017 MySQUAR (MYSQ) claimed in an RNS that the number of registered users of its apps had exceeded 7.5 million. But was that actually true?see: [link]