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The CEO clearly doesn’t have a clue what’s going on, and the board I suspect have already made money elsewhere , so don’t really care what the hell happens here. Both parties share the common characteristic of not giving a crap about shareholders.
Excellent way to spend more money rather than produce and sell! Well done all
I’m still here… moaning
We’ll see – I still have faith (maybe delusional!) – As predicted, it flat lined into the new tax year as the TMT lot continue with their reshuffle – Dowgate flogging as U.S. company, Gunn buying and the rest of us watching and holding as bystanders.
Absolutely right that the news flow is crap and could go either way.
Its what they have been doing (if anything) over the last few months is what will count – No news maybe good as all going to plan and I’m hoping we will be pleasantly surprised?
For us oldies we can play the 1974 song by 10 cc – ‘the wall street shuffle ‘whilst watching and waiting!! 😊
Sadly the money has gone. I get criticised but not sure how you burn 800,000 a month sitting doing nothing
But the company is finished and people know it! Can’t blame them
I will need to work another three years to pay off the final 8p
If I live that long
Don’t despair… those on loan deals will take what’s left
I agree entirely re accountability.
I'm a long term TEK shareholder (but that's another story) and I felt that BELL was one of two companies that had global potential. Perhaps there were early warning signs with the prolonged delays when they were seeking FDA approval for X-PLOR but once secured with some money in the bank from their float, I thought it would be a simple matter of selling their product and being paid within a certain period of invoicing, or even using invoice discounting if cash flow was tight. After all, COVID had increased their potential market massively.
They seemed to have the orders, so why couldn't they convert them into cash? What has gone wrong?
I personally think those at the top should step aside, be content with the money that they've earned to date and let others who are better qualified for the task in hand, take the company forward.
yet another absolutely dreadful day for this share with no news as to how this will turn around. ceo still seems to be in place - but who knows, because nobody ever communicates anything. i’ve come to terms with the idea that i’ll lose everything i’ve put into this bloody awful company but i sincerely hope that someone is held accountable for this ****show.
That’ll do
The company isn't held by back criticism on a bb!
that's a bit like saying bad things about Boeing makes bits fall off their planes!
Anyone….
Agree totally
Not sold
And I am with you all
Apologies
Mr boyg. you haven't lost anything until you've sold. If you have sold then give this bb a rest with your negatives and give the company a chance to prove what a good product they and
other holders have invested in.
Too much gets tedious !!
Funded for three months at current burn rate
4 months short of product launch
Producing none even with current burn rate
I’ll give anyone evens they don’t sell a single discov-r
No money to do anything
Don’t be daft, they’re funded now and have contracts to deliver.
Save 12 weeks of spending more money on nothing
Call in liquidators now
The rest is just time wasting
7p
It looks old news. It is posted on website if you google him! Just not showing. He was part of Tmt I believe and 90% of the reason we are at 8p… not 20p
So he’s no saviour. And I don’t think losing 500,000 will cripple him the way losing 75,000 has crippled me
What’s the significance bazza?
Tom's closing comment.
'I am very sceptical about this company after its latest disaster. I would certainly not go long. But do I want to bet against both Britain’s Buffett and also Mr. Magic? On balance no. There are better shorts out there.'
GLA
This is an interesting RNS which came out after market closed on Friday but isn't showing here yet.
https://www.investegate.co.uk/announcement/rns/belluscura--bell/holding-s-in-company/8124172
As a result of this investment Tom W has closed his short & recommended his followers do as well.
Might be life in this dog yet.
GLA
cm22
constant lies
utter lack of communication
when it comes it’s awful
burn rate that invites suspicion
a device that was due for full launch last september that i thought was launched
55 million definitely over ten years has produced sod all
takeover that was a shambles
6 million raised
nothing produced
2.4 million pounds left
can you imagine if your partner delivered this sh&t show to your life
the mood in the house would be toxic for some time
thinking about numbers
if anyone is interested in investing
60,000,000 at 8p would raise the money they have ****ed away and may buy them a chance
220,000,000 shares
but may get them hope
without another raise they will never launch new model and rights and patents will be sold by receivers
What some people may not be aware of is Bob Rauker is the main guy in charge of product development. The company doesn't really exist without him. I feel the atmosphere on this message board has become so toxic. Really unpleasant.
This new SP low is beyond dire and yet the CEO who has completely mismanaged this joke of a company remains in place. WHY??? Who else is to blame for this ??? I have ZERO faith or trust in him to do the job ( what other dodgy secrets are being withheld from us dare I ask ??) in leading this company forward and restoring shareholder value. As long as he remains, I suspect this company will find it difficult to attract any II’s (or indeed and PI’s who do their research) and in a few months will resort to a rights issue at 4p. I am appalled by this total farce. It is by far the biggest bloody banana I’ve ever been invested in and sadly I’ve made too big a loss to walk away. Other potential investors: DYOR !
As you seem to have a grudge against the company, looking at your frequent posting on the drop, my guess is you've an average significantly higher and so, very justifiably, want to stick the boot in! not doubting that they'll need cash going forward, but they still have funds to start manufacturing. whether they'll look for further cash first is moot. and, while their takeover of TMT didn't work as they wanted, it shows there are many 'innovative' ways to funds, in the current financial climate. could easily see the Chinese as fund suppliers to take a stake in the company.
but, as you say, wtfk's!
They need to do 4 times the work with 1/4 of the funds
They will need another funding
My guess… 100,000,000 shares at 6p????
Dilutes but may be a lifeline to profitability
Maybe not
Who knows
Only have to see what happens on AIM to see 'oversold' could easily trigger a buying spree of punts. when all's said and done, 9p IS cheap and, eff ups aside, they still have cash and still have manufacturing to do, as long as they sort out funding.
Madness for anyone to buy at these levels, this is heading under 5 p and likely considerably lower in the long term