SRO.asx – Share Root Ltd Placement for acquisition

Placement price – $0.003 (0.3 cents) – 25% discount to 15 day VWAP

15 day VWAP – $0.004 (0.4 cents)

For Sophisticated Investors Only

Shareroot Ltd (SRO, formerly Monto Minerals Ltd) is a Silicon Valley-based that owns and operates a user-generated content marketing platform. ShareRoot has developed a Software as a Service platform enabling businesses to source social media-derived UGC to be used in marketing initiatives and to increase brand awareness.


 

Upcoming events to re-rate valuation etc :

  • Opening new large markets with need for privacy and data protection (e.g. healthcare applications with St Vincent’s and other large healthcare organisations)
  • Launching of additional consumer data and privacy protection features
  • Driving more revenue through four diversified revenue streams as 2019 proves to be transformative year for ShareRoot
  • Climbing revenue while decreasing burn
  • Continued growth of TSS – retainer client base has over doubled in last 6 months, with record bookings
  • Cross selling efforts initiated between TSS, Ludomade, MediaConsent, and UGC

Key Points for Investing :

·         Acquisition  of profitable Ludomade extremely attractive with a cash cost of only $500,000 for profits of $600,000 USD

·         Ludomade has blue chip customer base which is growing year on year

·         Ability to cross sell existing SRO products with Ludomade clients

·         Highly experienced and capable Management team and Board

·         Advisory Board is first class

·         Highly compelling valuation at an EV of just ~$4m –

·         Strong news flow pipeline (significant value adding announcements)

·         Revenue is growing and gathering momentum

·         Cash burn is decreasing

·         Possibility of early positive cash flow

·         Recent momentum of new contracts expected to continue

The Terms Sheet specifies the indicative Timetable and terms and conditions on which the Placement will proceed.

Placement Terms Sheet

SRO AGM Presentation

For Further Information, please email support@tradesetup.com.au

 

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