Given mtv track record of losses and burning cash I think this is unlikely
Given Bergen get a third of company for 60,000 of debt conversion why wouldn't a share just buy the next block from them and bid for rest of company if you theory has any mileage. They would only need a further 21 per cent to control company
Sadly more pis are being sucked into an apparent oversold bargain or risky punt and some have lost half their money in a few days and Bod is content to keep show on road regardless of quantum of dilution
BOD need in my opinion to provide some progress update on nomad talks and plan b if no nomad is appointed
Bill Gates farts $50 dollar notes when he flaghs. (Laughs and farts at the same time)
What you need to realise is the BOD have taken a whole heap of criticism and been hammered for years with struggling business developments. If i was the BOD would i wait til the final hour to release new Nomad??? Hell yeah i would suspend it then release it 27 days later. Then release financials of App then send a tweet to tell everyone who ****ged MTV to Follow the money Follow Mr Lithium America is up soon lol. Fasten your seatbelts this plane is nose diving but are the BOD just taking us for a joyride?? GL BT
Of all the post made over the last week this to me is the most important.
pyrotech Tue 12:14
" i would suggest that MTV have no intention of producing a marketable product, they just want money on jam tomorrow and empty promises whilst they fill their pension pots."
This is the very same argument that one particular critic had been putting forward for some time. You can talk about dilutions, Bergen, CLNs and undisclosed holdings until the cows come home but they are not the root cause of the problem.
The root cause of the problem as pyrotech states there was never any intention from the outset to bring anything to market. All they did was tinkered with what was already out there and threw in a few humanitarian causes like bringing technology to the developing world and educating children in some of the poorer parts.
Every last penny or thousand's of a penny has been wrung from the listing and all of it PI money. Come Friday the listing will be no more.
These are just my views so please do not accuse me of stating facts.
When it is most properly certain a company will delist Larger share holder who think motive tv can be run at profit they willection buy up all the cheap shares from the smaller investors and it is clear that's what going on fear can be advantage for someone who wants your share cheap. Just look back once people even thought there was no device and the cln would be called in we have apps on aplease and devices amazon two of the biggest company nes in the world they think move still a good bet but would like your shares as cheap as possible Comeanies can carry on after delist in why do you think they want your shares
I have had a result with OPTIBIOTIX. - Microbiome sugars classed as food so a much faster and cheaper route to market and a deal signed with the owner of Slimfast for one of its products. Its looking like it has good potential for the long term IMHO. Its covered what I have lost on MTV
Sorry with all the talk of 'jam tomorrow' as some put it, thought it was funny. NeVer mind, tempting to average down at these prices , but I've thrown a lot in by my own standards , haven't made much on aim for past 18 months . Lesson to me if you not making money from other shares you're invested in for the past 18 months and in fact down on most investments .. stop investing your own hard earned money for now , till you see some reward for ur choices made thus far.
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