Member Info for simonthezealot

Establishing a predominantly female market for one product and a predominantly male market for another product is not good practice imho. The fact that they have been able to ascertain who their core users are, points to the fact that they know how many individual registered users they have, it is just that they will not confirm this to private investors. They need to create products that both female and male users can enjoy. They need to work on establishing an in-house creative team. Daily revenues will increase if they can establish who their customer is and what they are looking for. Off the back of new product launches, they must tap in to the advertising revenue potential. That is where the big bucks are imo.

Like I said, some weeks ago, Chong has taken a look at the entire business model and offering etc and has had to completely change things around. I just hope he has enough patience and funds to implement the changes. This may result in further dilution in the near to medium term. I think the SP will reflect this new direction and streamlining. Are we going to see 1-1.25p over the next few months? I personally think so.

What nobody seems to be talking about is how the marketing/administration practices/costs have doubled over the last year. Is this where the wages are being hidden in the text? In addition to this, they intend to appoint a new Marketing Director. Something doesn't look right with this imho. Investors were promised that app/third party work was going to start in order to improve daily revenues. Now it seems that Chong and ES have changed their minds and are purely concentrating on re-skinning games into the local language. There are other things they are looking at, but it seems as though their core business is re-skinning. Is this going to prove lucrative enough to generate the daily revenues they need to break even, let alone become profitable? The reduction in staffing numbers of staff who used to work on 3rd party app work highlights their change of direction. They also substantiate that nothing has come of the recent takeover discussions. I think we can all put that to bed now. There is no takeover. They are looking at regional partnerships/acquisitions. Hopefully, they concentrate on more worthwhile and lucrative projects as opposed to ailing railway projects that are not really going to generate cash fast. There is no getting away from the fact that they are circa 2 million in the red. I personally think that it is inevitable that he will utilise the Rising Dragon loan facility. The next 1-2 years will see a gradual decline in revenues and more borrowing/dilution. It is a real shame, as this company had a lot of potential. It was down to the application of how to best tap in to that potential that has failed imo. That has to be down to the leadership and negotiation skills of ES or should I say, lack of skills. There is still some confusion over registered users versus accounts. I think this argument has been alive for several months now. Because they have to create new accounts per game release, users have to register multiple accounts in order to play their games that have been re-skinned. This does not equate to new users, it is simply the same users who have to register a new account in order to play their games. Please do not assume that 22 million accounts is 22 million individual users. Some of you are seeing that now and have finally acknowledged this in your posts. It will be interesting how the market take the recent rns. Think Tuesday could take a lot of LTHs out due to stop losses. This will bring in the new breed of MYSQ who will see this as an opportunity to pump and dump this share. Shame it has come down to this, as many of your are stuck with 2.5-4p averages. Happy Easter to the decent investors on here.

Well done Algy! You have done it again. Absolutely no talk of a JV. An extra million squid to keep the lights on and pay for a few more g&t's. At least you are consistent.

Cash dwindling away is an understatement. Too many G&T's at his boy's club in London. The only people who are ever going to make money from this share are Algy and his mates and nobody else imo.

Nobody is questioning the 'potential' Fission - just the way this is being run. Real shame imo, because under the right management and marketing, this would be better received.........but alas..............back to the bottom draw.

Same old same.................loss of money, SP down and imminent dilution before the end of this year. Still no takers and talk of taking on more assets. Poor show imo.