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"people just don’t realise what’s happening"
You've really hit the nail on the head there kvco, perhaps unwittingly. As shareholders, we ought to be informed about what's happening, but as direct owners of the company, we're being kept in the dark by a rogue CEO.
If shares were offered at 1p, it's likely they would have been accepted at that price. However, the assertion that the other directors also agreed to 3p is inaccurate, as agreement by one implies consensus by all. Nevertheless, the point remains that the shares are equally valueless at their current valuation.
Beyond that, the future seems to hinge on the offerings of the cornerstone investor and the perceived minimal value of the company's current assets. There have been no updates regarding these cornerstone investors or the progress of mutual due diligence. It remains unclear whether either or both are still interested and what they contribute. We are just as uninformed now as we were when they were initially referred to as a lifeline.
Well it looks like a strong buy today, as I only see buys and it is going up, thank heavens, let us hope to at least to 1p, so I get my cash back and leave you all to fight over the truth about DC and others.
Yep cornerstone will come in above 3p, possibly 4-6p people just don’t realise what’s happening
Sorry, I disagree she could have agreed at one p but she agreed at 3p. So obviously there is a big reason so did all the other directors agree at 3p .
Also, Sarah is still not receiving a salary!
Sarah's full reply to me was less than optamistic. Also, her full year wage is now not worth 2 months wages.
"Her decision was to get Paid at 3p per share for one year's wages"
This is indeed true, but let's consider the options. If given the choice between being compensated with shares for the unpaid year or not receiving any payment at all, which option would you select? We call this a 'Hobsons choice'.
Her decision was to get Paid at 3p per share for one year's wages . so I disagree with you're statement M8 .Obviously, she is seeing something we are not seeing.Also all the other directors same thing.
That's some spread!
Shujja, what you said was not quite accurate. Sarah who is the Chief operating officer and an employee has not been paid for over a year and has had to find money to survive from elsewhere. I would imagine there are several other employees in the same boat. How DC gets away with this I cannot imagine.
Lovely to see all blue for once. However, SP rise has been negated by a 37.50% spread.
I myself bought a lot in the placing at one p.Because of no news and no Direction given so far by management. I can understand the share price has been dropping.well, if the person who is running the company is paying 6P per share and respectfully 3p for all staff wages and And all the loan conversion at 3p .I am sure there is more than what meets the eye depends on how you see it. I am comfortable sitting where I am sitting with my holding .Before cornerstone signature, I'm expecting this to be above the three p level.
Buys keep coming in .. boom! Wanted to say that for a long time :)
A few more and will finish top of leaders board!! Haha
At this moment in time any is better than being in suspension or being delisted, so it’s glass half full for me and hopefully see it spilling over in time 👍😂
Have a good weekend all.
You can buy the equivalent of £5 for 50 pence. Watch this space
Suede, massive news incoming that will see this at double digits with time, people just need to be patient, i am extremely confident here
Hopefully that was the bottom, today buys are probably FOMO, not long now until we here cornerstone investor and hopefully more info on bricklive, K-pop etc. 🤞
Five buys in an hour, interesting.
KNCO......if you are in the know so to speak, why do you only "think" the news will be big. Uncertainty with trusting DC maybe? Or could it be his total silence yet again that's getting you worried.
Knco ever heard about crying wolf? The pied piper led the rats into the water, we are all very deep in the water
Stop panicking, i really can’t go in to too much detail but i think that news will be v big. There are reasons for the delay which will benefit us. I stick by my 10pshort term target, sounds crazy bur it’s not a figure plucked out of thin air, that’s all i’m saying, it’s time to buy as it’ll do 2000% plus but not over night
Showjumper - good luck.
Lod nobody will be able to sell all those shares that were issued to cover debt or that Ranjit guys if there are no more buyers and it sinks further or even if buyers turn up, they might only get 0.20 but I guess better than nothing if you have millions.
I will stick with it and live in hope that this DC is not all bad as everyone says he is.