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It really does take the biscuit,when they put 3 RNS's out one after another and everyone of them is terrible news , they really dont give a damn. Good luck if you hold on to the bitter end with this lot your going to need every bit of it, :)))
another 35% drop and I will open my wallet, as at under £5 Mil its at risk from a takeover.
I've used 7digital to bug some WAV have have to say it was a good experience.
However, the company seem completely unskilled in turning the business profitable.
If ever I write a review, my personal belief is to never write a bad review, but will for sure if the service or food is pukka.
But 7digital, wow what a proper f@@k up...
As I've mentioned before this company really needs an internal affair investigation, certainly something amiss...
Don't believe bad management, but far worse...
Hey we've ALL been mugged!!!
I thought about selling 6 months ago but stupidly considered it had dropped so much that i may as well hang on.
Really feels like we've all just funded a lifestyle for some cronies. They look to gave just squandering our invested cash.
Are they now working out of a back bedroom or garage? If not, they should be!
I dont trust them any more... How do i know the remaining funds wont be used for developing tech at the cost of 7Dig, that could be ready to use on a private startup venture "8Dig"? My vote says no confidence in 7Dig! I'm the fool...... I've been mugged!
Only one word that fits, DELUDED,:)))
Maybe. Ivans. Is the director. But who knows
Ivans: love your positive outlook..
Any chance your one of the BOD.
to me RNS was positive. revenue increasing and the fact that director giving loan its great confident and better than placing.
PREM was doing the same with CEO giving frequent loans to company and now their mcap has risen several bags from low.
market this month hasnt been great, but the fact that director happy to lean money, hence i am happy to stay put as well.
current low mcap is huge bargain imho. sentiment will change and once that changes, sp will rise rapidly
Its a bit late now, the stable door was left open the horse has bolted, :(((,.
I really think now it's time Paul goes. Use some of that 500k to employ a half decent man at the helm
And yet Paul is still running the show!!!!! We got to lay some blame at the BOD as they could of sacked him but refused to!!!!
The directors are definitely making money behind closed doors, whether under different cloak company, certainly something fishy? Amiss?
All these downloads and making loss, lol.
Underhand briefcase under table from universal?
7dig is finished,RIP 7dig, you have duped shareholders for too long and now you will get your comeuppance.
Do the right thing for once and shut the door turn the lights out when your leaving.
Its a mickey mouse outfit,wake up and smell the roses,:))
This parrot is no more! He has ceased to be! 'E's expired and gone to meet 'is maker! 'E's a stiff! Bereft of life, 'e
rests in peace!
Just baffled....11 new licensing customers and 13 contract expansions or extensions bring a 200k increase in revenue and an increased 3.6m operating loss? What is the company doing?
The deal with emusic live promised millions in revenue, but now we know the only revenue 7digital received was for downloads and likely to be minimal, although for some reason they appear to have paid significant advances that look unlikely to be recouped.
The Director loans 500k, but at the same time is forced to announce that emusic.com has been would up following a petition by HMRC.
I've mentally written my investment here off, but hoped at some stage I'd at least get something, I just cannot see how that will ever happen.....
promised from the emusic live venture? Seems no revenue and lots of costs instead.
Promised operational profitablity but lost £4m!!
Absolute disgrace.
7dig has never made any money. A dawg. The director is punting another 500K and owns the company really. At some stage administration beckons but half a million keeps the lights on.
Don’t know whether to sell or hold ..getting loans off people to survive is really bad ,after all these years of promising profit and todays news is the same crap after crap …but why is this bloke lending another half a million ??…last gasp chance to turn it all around ??..
Gotta be in it to win it or sell what but you have left ??..just like a cash out option on your footy bet !!
Company seems to be run by morons that burn cash.
Needn't say anymore.
A company that can never full fill its promises.
A company that doesn't have a clue how to make money.
Hello 0.09 we shall be seeing you, very shortly.
Sorry hate to be so right, when I wished I was so wrong.
I don't think we needed the RNS to tell us what we already know or suspected anyway...
Ever get the feeling you’ve been cheated? Goodnight.
That's rather positive! Let's see what tomorrow brings