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Re: None

Friday, 12/08/2017 10:48:24 AM

Friday, December 08, 2017 10:48:24 AM

Post# of 72018
Getting down to the deadline to release the ZeeTours app.

Things to remember:

Groupon will take 50% of gross revenues purchased thru Groupon.

Once the deal expires, Google will take 30% revenue from Google Play.

Company hopes to make a lot of it's money on in-app purchases. Most in app purchases will happen weeks after app is purchased.

App needs to be released by 12/15/17 to have mass appeal for Christmas shoppers. Unfortunately it may be hard to zero in on this offer from the thousands of other offers Groupon has going at the same time. Most buyers of app will want to begin using on 12/25/17 if given as a gift. If app not ready or unstable, could be very high returns and Groupon's return guarantee policy is not favorable for companies.

Worst of all for the company is that there are 2 million + common shares that were just converted but have not yet been sold into the market that is waiting for any positive movement whatsoever.

So if you want to trade this stock you can't be in it more than a couple of days imo.