Skill testing question Anyone?
Hello all,
Shorts and Longs alike.
After the NR yesterday FOBI conitnues its response to good news, and goes lower. LOL... that can only last for so long.
Lets take a moment to refect on some tidbits of information we know and let's project into the future. Do the skill testing question on the card in the bag of chips to redeem your prize, at least for those old enough to remember those.
We know that we had a $500K quarter , Which is more than my expectation of ($250K) a beat for me.
We know that we have an operational deficit of $4.4M quarterly $17.6M annually $1.47M Monthly.
We know that Rob is forecasting $3- $7 ARPU
Now time for the question;
What number of unique monthly users would it require to balance the books?
Answer,
at $3 ARPU,it would be 490000 unique monthly users.
Sorry Alex, what is 490000 unqiue monthly users?
What we know is that Passwallet has 7M downloads, 1M of which are organic and very recent.
1M unique users recently added that have yet to be monetized.
1M - 490K= Do I need to continue the arithmatic...?
Or can we start to see the value in whats been put together so far and ready to build on.
Bonus round;
What do we do with all that profit?
A Grand caravan for Stan? a steak dinner for Senoritas Beneficiaries? OR do we just increase our valuation...? Rob gets a new Lund fishing boat and flies us down to the Strat to watch a Las Vegas Raiders football game?
GLTA and maybe with the press release on Thursday we hit $1 and we all double our positons for the ride up,or.....maybe we just start to the ride up!
Have fun, plan your entrys and exits and stay disciplined
And as always
DYODD