AnalytixInsight- A Tale of ‘Hero’s or Zero’s’ Part 8 of 5000 On June 22, 2021, AnalytixInsight announced a Short Form Prospectus.
WELCOME MARKETWALL N.A.!
“This short form prospectus (the “
Prospectus”) qualifies the distribution (the “
Offering”) of 11,500,000 units (the “
Units”) of AnalytixInsight Inc. (“
Analytix” or the “
Company”) at a price of $0.70 per Unit (the “
Offering Price”) for gross proceeds of $8,050,000 “
“The Company intends to use the net proceeds of the Offering to develop a digital stock trading platform and deploy in North America the products developed by MarketWall. As described in the AIF, the Company’s big data analytics platform CapitalCube provides fundamental financial analysis on global stocks and North American ETFs. MarketWall has developed InvestoPro as a European digital stock trading platform and offers its next generation trading platform as a white label B2B product offering to banks and brokers under the brand GEMINA.
The Company intends to develop a stock trading platform that is designed for North American users, banks or brokers that will integrate CapitalCube, InvestoPro and GEMINA attributes to offer real-time quotes, financial analysis, and stock trading. “The net proceeds of the Offering (excluding net proceeds from the exercise of the Over-Allotment Option, if any), will be used as follows:” Principal Purpose: Digital stock trading platform development and North American deployment of MarketWall products
Acquiring servers and data for the implementation of real time stock quotation Administrative expenses over the next 12 months
Total Proceeds: $7,236,500.00 Digital stock trading platform development and North American deployment of MarketWall products Development work to adapt software to North American market
Ensure scalability and performance for North American market
Maintenance and support testing
Marketing and selling the platform in North America
Total: $4,000,000.00 Acquiring servers and data for the implementation of real time stock quotation: Development of real time quote functionality
Ensure scalability and performance
Maintenance and support testing
Roll out to customers
Total: $2,000,000.00 **SHOW ME THE MONEY!! Perfect timing! Who wouldn't want to acquire shares in AnalytixInsight, the powerhouse ‘big-data’ fintech company that rapaciously announces repeatedly that,
·
“ANALYTIXINSIGHT ANNOUNCES 10 MILLION USER INSTALLS OF MOBILE APP MARKETWALL”. ·
“InvestoPro has been jointly introduced by AnalytixInsight and Intesa Sanpaolo as Intesa Sanpaolo’s online digital trading platform...”
**WHO GOT THE SHAREHOLDERS MONEY? It appears that MarketWall N.A. seems to be lost cause (BAD GAS IN A WINDSTORM), now perhaps a wishful fantasy for shareholders? After all, that is what they told us they were building? But were they? Was that even the intent?
Might the data provide some clues as to where the raise proceeds might have gone? Year Revenue COS %Rev GrossProfit %Rev Expenses %Rev Profit/Loss 2014 $680,636.00 $(845,152.00) 124.17 $(164,516.00) -24.17 $(3,546,243.00) 521.02 $(3,710,759.00)
2015 $1,024,865.00 $(702,860.00) 68.58 $322,005.00 31.42 $(3,162,254.00) 308.55 $(2,840,249.00)
2016 $1,075,349.00 $(681,942.00) 63.42 $393,407.00 36.58 $(1,657,005.00) 154.09 $(1,263,598.00)
2017 $4,516,759.00 $(2,476,897.00) 54.84 $2,039,862.00 45.16 $(3,405,150.00) 75.39 $(1,365,288.00)
2018 $4,837,809.00 $(3,752,322.00) 77.56 $1,085,487.00 22.44 $(3,324,556.00) 68.72 $(2,239,069.00)
2019 $3,672,715.00 $(2,869,466.00) 78.13 $803,249.00 21.87 $(3,170,276.00) 86.32 $(2,367,027.00)
2020 $3,178,767.00 $(2,767,067.00) 87.05 $411,700.00 12.95 $(2,816,661.00) 88.61 $(2,404,961.00)
2021 $3,001,326.00 $(2,349,533.00) 78.28 $651,793.00 21.72 $(3,924,384.00) 130.76 $(3,272,591.00)
2022 $1,672,185.00 $(1,646,711.00) 98.48 $25,474.00 1.52 $(4,074,649.00) 243.67 $(4,049,175.00)
Total $21,954,910.00 $(16,543,938.00) 75.35 $5,410,972.00 24.65 $(22,372,681.00) 101.90 $(16,961,709.00) **After all, look what we were told,
https://www.youtube.com/watch?v=8wBbz9zx6EI&t=1251s https://www.youtube.com/watch?v=j_SbDZYBOD4 https://www.youtube.com/watch?v=5VJ-UFSmei0 https://www.youtube.com/watch?v=VuYpc2_Wn4Y (Refinitiv, Samsung, Intesa Sanpaolo, Morningstar, NetRange, Miii, The London Stock Exchange, Blackrock Group, Borsa Italiano Exchange, Tel Aviv Exchange, “Universities across America”, & Yahoo.)
Mirage MAYBE????? “Intesa Sanpaolo and AnalytixInsight are the major shareholders of Marketwall.
Now that the Investo app has been successfully deployed, the parties have initiated discussions to prepare the spin out and/or initiatives that will allow the Company to recognize the corresponding value associated with its 49% ownership of Marketwall. The Company expects this strategy to be finalized during the first half of 2019 and will provide market updates on the plans and strategic initiatives for Marketwall as they develop.” (
https://www.analytixinsight.com/news/analytixinsight-reports-third-quarter-2018-financial-results-and-provides-corporate-update )