Could you be so kind to mention some of the educational organizations interested in your project?
Going to next subject, what'll be the case of publishers?
I can not give you this information in public. educational organizations are interested in working with us. We will work with publishers, online stores, app stores and student stores. We are actively developing. We launched the network on February 19, 2019.
Although it'll be a good and strong evidence to interested investors, I still could understand if you can't divulge on such info. But, surely, one day there will come an official announcement about these institutions?
I'm sorry, my question was supposed to ask you about how the discounts applied on publishing and books, as you informed me once that your project will also give students discount to books and medias
Collaboration with publishers (textbooks, books, e-books), etc. We plan to conduct as follows: Discounts for these products will be provided to students by our company. The idea is that we buy CLG coins from users. After that, we conclude new contracts with educational service providers. Circulation of coins in the market will be constant.
Yes of course, when we partner with educational service providers, we will announce a list of companies available for education on our platform.
So in other words its more like you're buying several books from publishers and resell them at discounted price? And with this regards, it'll be safe to conclude that you're will be the one who cover the price difference. But, how will you cover the loss of unsold book? Given that the book is bought by you before students could even decide if they want to buy from you or not, there will be chances that your pre-bought book didn't sold completely.