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GM: My name is Guy and I have an app that displays a person's COVID status that I'd like you to invest in. I'm looking for £500k investment for 10% of the company
Dragon: OK Guy, Can you show us this app
GM: You can have a free trial of it if you like. I'll start typing up the RNS now
Dragon: OK, it doesn't look like much.
GM: It is backed by cutting edge technology. The BLOCKCHAIN
Dragon: Is that really needed?
GM: It's GDPR compliant
Dragon: Yes yes, so is every other app that takes in data like this. Do we need the blockchain?
GM: Did I mention it's GDPR compliant
Dragon: Lets look at the numbers. How much gross and net profit did you make last year?
GM: None. Not made any for 10 years
Dragon: How many units have you shipped?
GM: None
Dragon: Do you have any orders in currently?
GM: No but we did some free trials with badminton England for 1 tournament of 20 people
Dragon: Are you taking a wage from your company making no profit?
GM: I take £100k a year and then there's the directors and the directors of the company we've just aquired
Dragon: *Shocked look*. How much did you purchase that company for?
GM: £320k
Dragon: How much profit did they make last year?
GM: None but they had revenue of £26k
Dragon: So this app. Do you own the IP for it
GM: No
Dragon: Does this company you have bought have any IP for any software?
GM: No
Dragon: Do they have any contracts?
GM: Yes, just one, us
Dragon: So you're valuing your business at £5m with no orders, no IP and you and other directors have been taking over £100k in wages a year.
GM: Afrik ID. It has no physical address but we plan to run it from the boot of a car. Synovate. What about that. We don't get anything from them selling tests alone though. Someone needs to buy the app with the tests too.
Dragon: The app that no-one wants to pay for?
GM: Yes. GDPR compliant, BLOCKCHAIN etc etc..
Dragons one by one: I'm out
Wasn't JAdam in here a while ago, did he bail out after/before it died? Or are you still here kind sir? Just wondering. I'm still here, sadly, and have written it off for the moment/for a year or however long it takes Catenae to think of a new wheeze.
Long long ago in land so very far away there was a lifestyle company who discovered a wonderful way to holiday abroad, a digital passport! No other company had discovered this and they thought "wow we are all going to be millionaires", reality soon set in and they realised it was only a dream, the end.
It's Cleary a monthly pump and dump so you buy when it at the dump sp then sell when it pumps!
DYOR GLA
Let's turn this company into something resembling a Fintec, our Chancellor Sunak would be most pleased.
It's BLUE!! #$%;;#$,,(€=#"&£ !!
Hide everyone.... it may rise back to 4p because Guy M is about to pull an albino twin pair of rabbits out of his beanie hat!
...I've got zero expectation of any digital passport type work for UK Govt. If that's the case, is there anything else in the pipeline here (that might actually generate some sales?). I mean, there have been some buys but I'm not sure where those buyers would get their confidence from now. I'm an underwater holder, bottom draw I guess.
Some strong buys through this morning, including the latest 500,000 buy.
Come on!
Is this a EITHER the product just doesn’t cut it OR governments are not yet able to decide on use of certificates so we just have to be patient situation? I’m starting to feel it’s the former. Can someone who feels it’s the latter explain why they are so confident?
100% correct i couldnt have said it better myself "classic example of life style company " plenty of them about ,cluff natural now deltic being a good example bewarned keep away !! penny share co are the worst as soon as they think they can have a dip ,issue more shares etc etc i dont need to teach to suck eggs, sorry all, this is and always will be a dog
And what news can we expect other than fund raise or another pilot program with no financial value!
Ctea do not have decent product sell! All the have is silly programs poorly developed!. This is a classic example of life style company!
I feel sorry for those who bought in at the top!
Whether you favourite this share or not, what is needed now is news one way or another. The company is very good at mentioning almost all minutae but what we need here is a proper update which would be fair to all investors, current holders and potential ones. In the past they've been extremely slow to address this .
I hate to admit it but I am tending towards biglad's view - 'then on to the next big thing with big hitters, major players, fortune 500, loads of interest, they like what we're doing et c etc.. But in another trendy area.'
There does seem to be a challenge to get anything to stick here, and the SP has suffered as a result.
I honestly don't know your agenda, nor do I really care.
Most certainly of all though, I am not blaming you for the SP. The silence and worsening sentiment is most definitely the cause of that.
I'm saying that the way you're conducting yourself is quite frankly abysmal.
If anything, I'd respect you a little bit more if you acknowledged trying to buy in lower. Because right now, all you're doing is smearing in the faces of long term holders who are feeling the pain here. Have some respect.
Do you honestly think anything I might post on here is encouraging anyone to sell? It’s easy to blame me but the SP has been in free fall for a while now and I’m address it’s nothing to do with me
"500k@1.25p ...a few years ago this was 1.2p ..i placed £ 1.5k which is now worth less than £100 thanks to this shower ofsh1k
it went to .003p , several for one and here we are today
Hi Shenners. Where do you get off?
Others have deramped this stock for some time, everyone has their own agenda.
However, you seem to take joy out of the fact that people may be down a lot of their hard earned on this.
I don't like mindless ramping, but attempting to drive a stock price down for your own personal gain (or even worse, bitterness) is more detrimental to the general public who may have put some money into this share. People slate rampers but those taking time to drive a price down is another level.
I don't think much of other derampers but the way in which you conduct yourself is disgusting and you should be ashamed IMO.
On a more topical note, to sell down here is again IMO a strange decision as the company has such a tiny market cap, but I understand people's fear here. I still remain confident in the team (who have a decent track record in historic roles), moreso with overseas ventures, but time will tell. Covid and the ramifications are going nowhere for years so whilst theres some substance, talk of 'time running out' is somewhat misleading.
Like many I wish I'd reduced my position after the last rise but we live and learn. GL and DYOR
The sp says it all sadly for you guys
Biglad, I have no problem with people posting a negative view like you, but your singing the same old song everyday. Pure de-ramping after you sold at a loss.
As for your straw poll, it is not surprising considering this board has been infested with trolls.
Rather than trying to save us all from our selves, go and buy some shares in something and use your time posting positive things about that company.
Looking at your posting history is hilarious!!
Do you remember posting this on 7th May...
"I suggest anyone sitting on the sidelines watch this latest interview with guy. He’s extremely bullish and gives away much more than meets the eye. Game changing news coming here by the end of may IMO."
Then on 10th May you told us all to switch off until the end of May... like you would be doing, oops but you kept on posting and your positive, rampy attitude suddenly changed.
Classic, made my afternoon. Thank you
Again looks like the placing might not be too far off. My guess is 500k at 1.25p
What gives you any possible confidence at this stage?
Tuvok, its the age old response of shooting the messenger instead of looking at the messages themselves. You haven't made money, you're not invested , you're a deramper/ramper.
All I`ve done is remind everyone of the facts re sales, trials etc. Its then up to them whether they invest or not taking all the information into consideration.
The straw poll on the last messages say 6 persons appreciated what I said and 2 yours. Says it all really.
May be there is going to be a spike from these levels, but anyone thinking ctea will do good business need their head looked at!
I am confident that the company will turn things around.