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So Guys, lets say a full team of 10 Telesales people, some will not produce sign ups as previous TMs, so assume half of the telesales people sign up, how many would we expect on a daily basis as a worst case average, 5 people, 5 signups a day realistic?
Thanks for your messages of support Ronald. Your warmth, compassion and sincerity knows no bounds.
We are so lucky to have you here looking out for us. xxx
Millair
Thanks for the update from Zak
More cause for concern in my opinion if the current rate of cash burn is sustained current cash levels won't take them to July 2020.
Very worrying times for all existing holders trapped in here
Nearly 1p - dilution nearly here
Ronaldtrump, regarding your post (Mon @ 17:38) about any future funding;
I see that over on Twitter last week, Zak Mir in response to a question of funding by someone, he stated on 11 Dec:
"there is no headroom on the stock - so cant be a placing until at least July 2020..."
https://twitter.com/ZaksTradersCafe/status/1204707848107761664
Surely they would want to sell Near the peak like every1 else, these levels are not for selling
Morley-Kirk was happy to get 3.5p a share
Wonder how long it is before the other directors start to sell.
How invested are the directors
I know they have a good share holding but how much of their own cash have they invested in bigdish
Looks like approximately 800k spent from June to September
With £ 1,288,666 left as of 30September
At the above rate of cash burn when they only had 3 TM on board, looks like funds they may have to try and raise additional funds in 4 to 5 months with that kind of spend.
I thing they have 4 months to make this work the clock is ticking fast !!!
Does anybody know In January alongside the telesales will the 2 existing TMs still be going out to sign up new sites?
At 30 September 2019 (interims reporting period date) the Company had total cash of £ 1,288,666
Did they not raise 2.1 million in June 2019 ?
So effectively they have managed to spend approximately 800k (almost a million) in 3 months, on what ???
Where has this amount of money been spent in such a short period of time with minimal staff and employees what warrants spending 800k.
Tom's been advertising for experienced sales people for the last few weeks!
Yeah i think they're planning to have a bigger team than that lad!
In addition to Tom Sumner, two other persons will join the team who have experience working with Tom in restaurant acquisition and collectively have 12 years industry experience. The objective is to rapidly build up a telesales team of approximately 10 persons.
Yeah i think they're planning to have a bigger team than that lad!
In addition to Tom Sumner, two other persons will join the team who have experience working with Tom in restaurant acquisition and collectively have 12 years industry experience. The objective is to rapidly build up a telesales team of approximately 10 persons.
Would anyone pay 4million for an app that only has approximately 200 restaurants on it
I personally think this still has a long way to fall before anyone would risk a punt.
At these levels it just isn't worth the risk
If and it's a big if they achieved 600 to 800 restaurants I don't see how it could be valued any higher than the current 4million M/C as 600 restaurants isn't going to make a profit charging 50p a pop, imo
What training Tom and 2 of his chief telesales crew surely don't need any training
More excuses for the constant failure to deliver
OH Ronald,
For someone who sometimes seems like quite an intelligent person you do come out with some piffle
If you do have to have a change of strategy, and Dish obviously do,
How can there be a better time?
Christmas is one of there busiest times so they don't need us, meaning we are wasting no time getting the office set up and training done!
Christmas is a very short period which will soon be over and followed by the quietest period of the year.
By which time, in just a couple of weeks we'll be well positioned to take advantage with our new telesales team and jump all over it.
Obviously this will always be a bit of a punt, but they now have a proven telesales manager at the helm and if he can do his stuff, For a 3rd time?
At these levels and with a small investment This could be life changing over night!
Gla
You won't get any
Christmas and restaurants are not interested in Bigdish
Can this survive is the question ?
The management appear to have messed up again launching telesales in December. Doh
Sp is on its knees!
We need restaurant numbers fast to restore confidence!
DT YOU do jump on some Rubbish!
The Company announced its Brand Ambassador Program on 2 July 2019. This will now be launched at a later date once there are a critical mass of restaurants that will ensure that any marketing initiatives relating to Brand Ambassadors will have the maximum impact.
Ambassadors will have no benefit at this moment in time, 200 odd restaurants. A critical mass of restaurants will only benefit from the exposure, imo c. 1000 Restaurants
Imo this will need to be pushed back until a substantial no of restaurants are on the app, priority is numbers at this stage!!!
She has done a couple of little reviews on twitter. That does not mean she’s filled one of the previously discussed ‘brand ambassador’ roles does it??
Don’t make assumptions guys
Wow
13.4k followers and Bigdish think that is worth handing over a million shares..... it just gets better and better
I was expecting Brand ambassadors that had a good following considering they were being awarded 1million shares apiece 13,400 followers for 1million shares is absolute stupidity imo
There is one brand ambassador at present that I can see and her name is Sian Victoria. She is a food blogger and has 13.4k followers on Instagram where she has posted several posts reviewing the BigDish experience. Her posts are on her account and are also posted on the BigDish Instagram 'stories' so I assume the relationship between the two is on paper and presumably in shares as previously said. If you look at the 'comments' on her post, she says 'thank you' to BigDIsh for asking her to review the app. I would hope there are many, many more relationships like this being built in the background. Let's see Tom build restaurant numbers with telesales first. Then activate the ambassador network on social media and awareness will raise very quickly.
Bod appearing to panic...?
Eeer... what on earth from recent RNS implies that....??
More like ‘Scottman72 is trying to spread panic...’