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4kandles we all know you are 'the toilet'. You have not brought out your alter ego out in months....why...desperation, because you know you are screwed....the next RNS will shut you up for good. Hahahahahaha the 50p maestro who invested years ago and has had a nervous breakdown ever since.. has no life, no purpose other than trolling this board for years on end with Rocka99 as your sidekick. You 2 trolls are living the dream!
Now this is funny. Happydays is accusing myself and The Toilet of being the same person.
Folks may remember a few months ago, happydays agreed with one of his own posts as he'd forgotten to log off and log-in again with his other alias. It is always beautiful when an agency pumper gets busted like that (you did say you work for an 'agency' happydays).
So, I have only 1 user name - unlike the shameless pumper happydays who accuses me of otherwise. Hilarious.
Yes indeed, the £2.77m 'goodwill' showing on the balance sheet. Sooner or later the auditor should be asked to justify this. It's in the auditor's best interest not to pull the plug on a client of course.
If happydays wants to ask Geoff about the £2.77m of intangibles his email address is grobertson@mediazest.com
It should be pretty easy to find his mobile number too.
Maybe you could explain the £2.77m worth of goodwill in the accounts Happydays rather than ignore it?
I've got Lance's new address if you want to write to him for clarification or you could just e-mail Geoff at HQ maybe ?
Absolute nonsense....audit companies underwrite accounts and there is a governance framework they have to comply with. Shockingly poor posts, the good thing is PI's completely ignore your rubbish. DYOR.
Yes it is a fact they have £3.6M in assets. Why didn't you mention liabilities though? Assets mean nothing unless you mention the liabilities and they have £2.4M in liabilities. So the NAV is £1.2M. But wait. £2.77M of the assets are "intangibles" (questionable value often zero) so they have NEGATIVE tangible assets of £1.5M.
This is why I believe the equity has no value whatsoever. DYOR.
MDZ have total assets of 3.608M - FACT. What a sad life you lead 4kandles....at night you become 'the toilet' that is obvious from the language used and sentences constructed. Your alter ego is starting to rage again! Desperate times cause for desperate measures eh 4kandles. The next very positive RNS is coming in terms of a market update and there is nothing you can do about it. Hahahahahahahaha......you will be livid!
Why don't you check the recent interim results. It's there in black and white. Last reported cash position was £16,000 and
net tangible assets are NEGATIVE £1.5M. They have intangibles of £2.7M as well but these obviously have extremely questionable value.
Absolute nonsense 'the toilet' also known as 4kandles, you cannot fool PI's you have been found out before.
Back to the toilet, erm toilet.
They've been saying the same thing for 15 years. It's jam tomorrow. Every single set of results it's the same.
The company had cash of £16,000 and NEGATIVE tangible assets of £1.5M. It loses money every year. They need cash to stay solvent and another placing is coming.
Shameful the way people ramp this rubbish.
Yesteryear is the normal here though or groundhog day if you prefer, nothing changes, if they can't get it right after 15 years then there's no hope. They're just lining their own pockets thanks to people like yourself who are quite happy to ramp this up day after day, week after week until the next dilution at which point you'll be gone and there will be a lot of mug punters on here scratching their heads as to why they've lost money.
The key thing Rocka999 is all your trolling posts relate to yesteryear...not the future. The SP of any company is all about the future outlook. You have no clue about the CURRENT market and the unprecedented DEMNAD for MDZ services, you do not recognise all the contracts they have WON and the re-contracting of existing clients over the past number of months, you do not recognise that they are on-boarding senior sales executives for the corporate market due to demand which they have not done in years. Your posts are meaningless, not credible and it is pointless engaging with you. DYOR.
I don't know why you keep mentioning about this 50p ?
The SP used to be 50p in a land a long time ago, the directors have bled the company dry since then, its been a terminal decline with dilution after dilution to fund further projects that make no money.
Constantly rambling on about sales and how great this company is going to be flies in the face of their dismal track record, this is why Geoff doesn't invest his own money in here, he collects his monthly salary and sleeps very soundly at night knowing that suckers keeping rolling up here and investing their hard earned cash do he can dilute some more to fund his lavish lifestyle.
Not sure what planet you are on rocka999......your trolling posts always reek of desperation. All the contract wins of new and existing clients over the last number of months are not accounted for.......this will be a record breaking revenue year for MDZ guaranteed. The FUTURE outlook for MDZ is great and will be reflected in the revenue when posted for the multiple new contract wins and the re-contracting of existing clients. You are fighting a losing battle...you clearly will never get over the FACT that you invested in at 50p years ago.....wrong place and wrong time.
Now is the prefect storm for MDZ services.....right place and right time for PI's to reap big rewards. DYOR.
"Revenue for the Period was £846,000, down 42% (2020: £1,454,000) due to the impact of Covid-19. Gross profit was down 38% accordingly to £410,000 (2020: £656,000). Gross margin rose to 48% (2020: 45%). Administrative expenses were £459,000, a reduction of 31% (2020: £667,000). EBITDA was a loss of £49,000 (2020: £11,000). Net loss for the period after taxation was £160,000 (2020: £43,000). The basic and fully diluted loss per share was 0.0115 pence (2020: loss per share 0.0031 pence). Cash in hand at 31 March 2021 was £16,000 (2020: £16,000)"
Keep polishing by all means, they'll have to pedal a lost faster just to get back to where they were in 2019