Replies to post #52069 on Logiq Inc (LGIQ)

[exwannabe]

Regardless, that is ATOX, not WEYL.

AFAIK, WEYL sells R&D services to ATOZ at what looks to be below cost. If ATOZ actually can make a profit that is their's, not WEYL's. Yes, WEYL (and the divi boys) have some ownership, but as a private company over in a foreign land you can bank on that ownership be reduced to virtually nothing if they want to do so.

And what exactly is the AtozGo business model?

From the PR:

Unlike other food delivery services, such as GrabFood, AtozGo increases the potential population of delivery people by not requiring a motor vehicle.

Gee, that is huge. So we are talking about high density urban (can not well deliver on foot in the outlying areas). And in those areas there is a always food options every few hundred feet.