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Roger65, Full Year Results due next month should enlighten.
When tf is Burt going to tell share holders how much income has been generated from sales?
He conveniently didn't say a word about when the whole sales process had to be stopped for a few months last year so lack of trust is a really serious issue here. He's out of his depth and not being honest with share holders. Just puts out positive spin continuously whilst not delivering any value at all for those holding shares in the company.
This interview will offer more of the same and not answer any of the really crucial questions.
FocusIR will be hosting an Investor Interview with Anthony Burt, CEO of East Imperial. Please send any questions you want Anthony to address to EastImperial@focusIR.com
They seem to be adding venues on most days. So about 20 per month,not bad. And a 1 million buy late yesterday.
Placing incoming tomorrow 🤔🤔 0.5 or 0.55 or 0.6p 🤔🤔
Something is brewing!
We said Harps! People who say negative things should not be allowed to post. Only positive comments needed - makes for a better discussion.
Hi DaveTS
Well said, I fully agree with you, a long term investment with great potential.
Hi m007j, I've said plenty in the past & mentioned very recently due to ridiculous comments by certain posters with I believe an agenda , I've said I won't be choosing to post that often.
However, I said a number of days ago in relation to the directors interview( posted on X) that the U.S Commercial Director, came across as very enthusiastic, knowledgeable & the future looking promising, re the rapid expansion & uptake of venues in the U.S mentioned.
I've always seen this/ invested on a long-term basis I believe we're due a ongoing SP recovery now.
Obviously we are awaiting the funding news to take us to break- even, scheduled for later in the year
I bought two lots of £1k earlier today. Fingers crossed Burt can let someone else make the important decisions for a while.
Just a punt.
Your short position is so crystal clear!!!
The RNS today is exactly the sort of positive PR investors need to see and understand. I think we all agree if you have no shares (your short position does not count) keep your opinions to yourself.
Not a chance!!!
This company will not make enough to create enough cash to continue growth.
The figures are dropping when they were meant to be doubling year on year.
The model has had a decade to prove itself and it fails.
This will fail and any significant investor will ask the difficult questions from what’s evident here and either screw them down tight to take huge chunk of this company or walk away. So which will it be?
I’d definitely not be holding as I said the other day at 1.1p sell and wait till they complete funding as you will be able to buy much cheaper. Already saved you 50% or doubled your holding if daft enough to buy.
We need to hear from davethechef on this! He has been a long-time bull and knows the story well. Come on dave - what have you to say? Is it good value at current levels? Would Warren Buffett be buying now if he could?
Hi Roger
Agree with most of that, we are desperately in need of some positive sales news.
Hanging around waiting for this is killing the SP.
Still looking to top up soon as funds allow
GLA
That’s exactly the problem - and my point - Burt refuses to present any evidence of income being generated by sales. If not, why not? Market hates uncertainty and Burt is flailing about desperately trying to raise cash and sentiment without providing any sensible investment case. Hence he’s failing to raise either and the sp slowly continues its slide towards zero
I see it differently, looks like the US team are driven to succeed and believe in the strategy and ethos of the product. I recon if at some point strong sales growth can be evidenced in the US this will take off.
We just have to hope that enough finance comes in for East to get to 2025
Well that is embarrassing that they feel the need to RNS a paid for media interview to try push SP up before raise!!!
I’d say nobody would invest cash here unless minimum 50% discounted and will want loan notes to convert to cover the risk.
IMO this will not dig its way out with the expensive limited reach it so happily try’s to push. That’s the problem!!!!!!
Oo er that’s a desperate RNS!
Basically pleasing to the market to take notice of an interview the company obviously hoped and believed would rekindle investor interest and sentiment.
Burt needs to deliver some sales figures. He hasn’t done it for ages and is trying to attract new investors without giving them the core intel they need on which to make an investment case. He’s probably over promised to someone in the US (a private investor?) and, having seen the sp drop by yet another 80% even from the lowly 2.5p region, is now being pressured to deliver some improved performance in the sp. Trouble is he’s just won’t or can’t say anything specific about sales figures that’s positive and so the sp is stuck.
I actually think this is oversold now and may be worth a small punt but I sold out at 2.1p as this refusal to give the market what it needs on sales figures is unnerving and clearly the UK market doesn’t like it.
Https://twitter.com/East_Imperial/status/1760545138852421667?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
Another Hilton hotel added
Best to go to jyee7, link on ADVFN, to listen to a fantastic interview, by our U S Commercial Director.
Very passionate, driven, knowledgeable & focused on getting our super premium message across & delivering into venues!
https://www.***************************/east-imperial-elevating-the-us-mixer-market-video/4121143885
this guy used to work for q mixers so should be good for us.
https://www.bevnet.com/news/2019/q-mixers-and-tales-of-the-****tail-announce-exclusive-partnership/
You're tyring too hard, it's starting to look pathetic.
Here they are trying to pump it before placing.
Fluff talk but the numbers don’t lie.
TB has had years talking and simply the model format does not work. A small amount raised will not see this company through as it needs to continue investment to grow.
Therefore it needs a big lump!!
This is where TB uses the UK market to raise funds and they are good at manipulating the SP before raising cash. You see it time and time again.
1mil at 0.3p is 333,333,333 million shares!!!
That’s what will happen here. Buying now is either manipulation or a little naive imo!
It’s a poor read fully of wants and hopes but the grim reality is they won’t become cash positive as to get anywhere to keep the wheel moving for growth you need to keep throwing more and more cash in or it stagnates and stops moving.
I feel it’s stuck and the problem is the exclusivity and limited reach of large turnover.
Stay clear imo.