Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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to break even, hope this turns around in January gambled this one heavily.
Past the worst now. Got rid of Webb. Pre lifting of suspension a few boxes to tick. Accounts signed off. New board appointed ( that do not want to dilute current shareholders and do believe in the company). Nomad confirmed. Funding confirmed. All easily done by the 17th. Then we can start trading again well north of the suspension price. Good luck all holders.
All good news - gives MT & his group some time to get everything they need to be in place for the 17th.
until 17 Jan 2018
!
Thanks for your opinion.
The whole outfit is a joke. You only have to look at the promotional videos on Youtube to realise this. Those who bought-in to this BS shouldn't be investing their own money.
the replacement announcement also fails to notice the other error awaiting correction.. 'to complete a private placing on 1 December 2018'
Replacement announcement because they missed off a sentence. What hope do they have of convincing customers to buy their software based on continued mistakes and in fighting. If MT comes back will be interesting to see how he proposes to sort this mess out
.......hope?......and pigs might fly!
With a new board in place and confirmed funding the accounts sign off will be quick and probably the nomad will be prepared to stay, if only for long enough for a replacement to be found. I see this coming out of suspension very strongly. 2p as a starter based on CD alone then a quick move up to at least 5p as MT pumps his plans for the new BOS. There is hope for all of us in this.
It now seems clearer why he sold some shares at around 10p to the 3rd parties mentioned in the last announcement. MT clearly needs a higher sp to stop him losing a fortune, and seems confident enough to invest more money in this company rather than letting it die. I am not sure pumping alone can do this. Once AIM investors lose trust in someone making the sp move up is harder. The question is, how good - if good at all - is the BOS product. Or is this all about Call Design. if its the latter, we can hope for 2 ish p at the best, if its the former there might be a chance to see a more meaningful sp. Lets see how this plays at, as no choice anymore, but its hard to have any confidence after all the mistrust. For me, MT has gone some of the way to build a bit of trust back in him (not BOS), although how the biggest shareholder resigned from the board and allowed this mess to unfold is completely beyond me.
Will get back behind the desk, fund it, pump it and get a big wedge of cash out. It all hinges on getting a New NOMAD by the end of January 2018. It's highly unlikely any sales will have occurred without any staff so I'm not sure how MT will re-pump it - but I'm sure he'll re-invent a bit of Magic Quadrant Gartner analytics etc etc and new investors will pile in. He'll probably pepper the interviews with words like Blockchain......I'm sure that will help. At that point it would be a good idea to get out........ So, if a new NOMAD comes aboard there could be a trade after all.
It very much looks like that is how it is going to play out - IMO it is hopefully good news for BOS.
My bet is the directors have been voted off. The announcement will be to confirm MT and others as the new directors and Innovation funding switched back on. We can only hope....
AGM tonight.
Graham. There have been quite a few nominal 'trades' over the last couple if weeks. All of them sells. So it does look like the MMs are doing their best to keep a lid on the price.
Are the market makers chucking in the low share sells to lock private investors in who recently bought in hoping for a bounce
I trusted him when I invested here. I believed what he told me in the many public interviews. I would have trusted him if he'd delivered the goods. I would have trusted him if he hadn't just walked away from BOS. I don't trust him now & would never trust him again. If he had stayed put at the helm of BOS and developed what he had started we most likely wouldn't be where we are now. And he certainly wouldn't be spending his days frantically writing a pointless BLOG trying to get his largest shareholder foot back in the door. What a total fool, and it will have cost him dearly, as it has cost us all.
I also trust him the situation could have been handled better he would be the first to admit it.
It amazes me, that now, at a point when detrimental to his money / wealth, MT communicates on the Blog each day no problem at all But when he abandoned us, running out the door, pockets lined with money, with no explanation, not a word, leaving us to fester in the newest release of BOS Sh**e
Cheers MT
Another new blog on www.bosadocate.com Dec 20 No AGM answers and un-packing BOS RNS (GMT) 18 Dec 2017
we only dropped 95% since then