Yes you must have missed his post. Your previous comment had already been noted, so the pointless post is yours, not mine. I haven't seen a post by Colby claiming that revenues will cover expenses this early, and company guidance indicates it will not. The point of contention is how much period on period growth there will be. You say it will be minimal, and, again, your point is noted.
Its not a matter of trying to save people. Many posters have been questioning whether it was a good idea to buy from 10p all the way down. Remember madrid? People were saying 20p, 50p a £1 were short medium and long term targets for the share price. It wasn't a matter of saving people just a matter of pointing out the obvious that it was extremely unlikely (perhaps similar odds to winning the lottery) and i don't remember alf telling everyone that it still was a long way from income all the way back then. Infact i think he said much the same as he does now. This share had plenty of opportunities to trade and make a fast buck that is all it was ever good for. And it was good!
I must of missed where puk said zero income. Clearly that cannot be the case. I think colt will be proved wrong in his assumption that income will easily get pxs to a breakeven position. The 6 month figures will show if that is the case but if income increases at a snails pace as i expect then the sp will be hammered further. Not much point in you arguing really. The next set of results will be a big indicator of who is right.
Since you have reopened communications, my view is as it was last night, the night before and many weeks, months before that, there are many things to be disgruntled about, the bod, the sp, moon, sis, etc. There are many things I am positive about. future revenue, growing customer base and a world class distribution company. Name calling over, of course you are negative, it stands to reason as you are far from positive. This may or may not turn out to be a bad investment, and you're right we all made em. One things for sure, if I sold now, it would be a bad investment. Timescales, I'm not worried about, as before, I will hold until such a time dictates I sell and who knows, that might be taken out of my hands ? None of us know and if these are left for my kids to pick up, then so be it. There isn't anything you or Alf for that matter says or posts on here that will make me review my position, I'm long and unphased. What I can't work out is why you are trying to save people ? It's akin to walking around asda looking at the produce and questioning why people are shopping ? Anyway, each to their own.
My position. The judgement of whether or not I am overextended is impossible for anyone else to judge. I am currently holding shares in 33 companies, with varying levels of satisfaction as is usual. The amount of money involved is immaterial but, if all of them were to go out of business taking all of my money with them, I could handle it and carry on living in exactly the same way. Therefore, I don't consider myself over extended here or anywhere else. I buy/sell on my own judgment and I never ask anyone else to do anything other than the same thing. Hope that clears that old quip of yours up.
Specific to here. I do hold a fair few, I have continued to add, I will do so again if this level remains.
I am not assuming, it is fact. Provexis have nothing to pay for the set up, they never have had. Read the terms of the Alliance Agreement. Understand its terms, then understand the significance of the initial revenues registered in the Full Year accounts. For there to be no revenues in the Interims as you claim, Fruitflow sales would have had to decline in that period. As several more brands had launched, and others expanded their sales territories, and profit margin on Fruitflow was enhanced by production efficiencies in the second half of the period, a claim of zero profit makes no sense to me.
Puk, your memory isn't good. Here's what I said on 8 October and I think this states my position and my outlook........................................
"Puk, just check back my postings here and on blue. I'm very bullish on Provexis but that's not to say I'm 100% happy with the story so far! In addition, I was in far too early but by averaging down. my break even is a modest 1.92p
In brief, my view is that Provexis will succeed and income will rapidly accumulate to easily cover the £250k annual running costs.In the background are the trials re bloodflow to the brain, blood pressure etc but a complete lack of news is causing drift as with many other AIM shares at the moment. The business model is very simple but a major player and some further consumer products would help.
I'm hoping that the hint given by DB at the AGM might actually mean something.
In the meantime the share is on the floor and being kicked about by the bashers and the professional anti-Provexis faction."
"Best post from you that I have received too. Now that is much better than mudslinging.
Message from you understood. I now appreciate your view and I appreciate your position. My position was that I sold out at circa 0.9. The bullish will say too early, the facts say better then than now (looking at the current SP).
However PXS pans out, I wish you health and weath."
PS,why do you swing from aggression to friendliness? Have others close to you noticed?
It's really not worth the argument. Colb/alf and co say they have made huge progress and the realists say the companies that have taken ff are nowhere near big enough to get the company anywhere near break even and that a multi national taking on ff is now looking like pie in the sky. The next set of results are only a month away and we will see what improvement they show. Don't worry about percentages. The income needs to increase massively compared to the previous 6 months to show any real chance of this company ever getting to breakeven. FF started the financial year with 27 products many that have been up a running for a while and they have now got past the cost of the initial setup. So lets see what this translates to. As each set of results passes us by the argument that next year is going to be the big one as we have heard for the last 10 years gets weaker and weaker.
Not so. You have made specific claims, not opinion, and there is published evidence which disprove the claims.
As for the (rather pathetic) bullying line, which of us has launched unprovoked attacks on the other of late? My replies have been fact based, but several times you have gone off on one. Do I claim bullying against me? Never, I am an adult, with a mature outlook on the tactics of others.
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