Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
If a company tells a demonstrable lie in an RNS that tells you everything you need to know. I turn now to the Greek operations of InternetQ's (INTQ) Akazoo unit. I spent an hour last night with a friend of mine in Kalamata, George the architect. He is Greek and what we discovered demonstrates that InternetQ has lied to investors.
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Comments
Pain Au Chocolat
Good research. It may be worth trying to correlate aggregate airplay with popularity as this ratio is usually pretty close to the truth. The Greek AEPI would be a good place to start. That would certainly strip out the extraneous “likes”. It will also demonstrate that Adele is more popular than the companies numbers allude to.
Drunken Sailor
The key question is are your chances of shagging the very shaggable Despina or the even more shaggable, IMHO, Peggy better or worse than your chances of shagging Cheryl?
Does the target price cut to zero mean this is the last part, I was expecting you to get to 1 1024th of a Drachma before you had finished.
Simple Moving Avarice
Did they manage to get hold of your mobile number during your sign-up? Pretty sure you are going to be getting an SMS every month until/unless you unsubscribe as that seems to be the business model.
So maybe you can get a free month but you need to be on the ball to avoid being zapped with at least one subscription charge. That’s how this business model works. The customer churn must be horrendous.