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Wonder if there has been any self reflection and evaluation of the company future prospects?
Cheerleaders are having a day of self-reflection.
Meanwhile Jag wondering how many free shares he should receive after consolidation.
Very quiet today
Must be finally sinking that the split of 61 to 1 is happening
Happy 7th Sept shareholders
Atan - yes it is often a timeline that gets followed. Again as we warn there will be those that rather than listen will bury their head in the sand. if/when it happens they will no doubt blame us rather than the company itself.
i suspect there will be little cohesion between existing holders - could you imagine any of the current cheerleaders on here rallying the troops? they don't see to care enough and who would listen?
the bod will probably persuade the bucket shop flippers to side with them and that will carry it.
by hiding in on page xxx it has left little time to fight. smart move.
prob thought any holders would just tick all boxes on the ballot
whatever price it ends up on the conversion day..it will be able to be chipped down regularly every day a lot easier with slow erosion
So a quick read this morning and non of the ODX cheerleaders even attempted to answer the questions put to them...
Deluded or just Dumb? Personally I believe they are working together and their real names are Jag, and other cretins at ODX, Caley2 was Chris Leas hence he left suddenly.
Next announcement the BOD have awarded themselves a ton of shares to ease their pain...
You are correct, my fault for not checking before posting, indeed she is non-exec.
captain
this is almost exactly what happened with nnn. consolidation after being fleeced on promises of loads of jam.
they also changed the name of the business.
then they diluted the shares
then announced the old strategy wasn't working so they started 4 strategies (this never works reader)
long story short - they have just gone under after bleeding cash and the directors soaking up what was left over 2 years.
"new" company share price should be about £1.34 this is fraud with massive danger. (a 20% fall on a price of 2p is going to be less than the same percentage on the "new" share price.
you would have to be nuts to vote for this and even madder to be holding unless you have no other choice or you are prepared to lose everything on the gamble.
dsaf - i thought she was non exec ? sorry can't be ****d to check. fundamentally an independent voice to the executive. this is a great job to have tbh.
Atan..agree with your post. Going to be interesting..I have pop corn ready.
I don't think some realize how badly this consolidation can go.
These are never done for SH interest.
Anyone buying now ..could find themselves well down when the dust settles
Atan, i do wonder if there's some form of contract where the board members have to hold something.. if its not Jag, then it must be the new addition, Carolyn Rand.
I guess if the company haven't given up on the shareholders, we'll find out tomorrow.
If it is Jag, its also a further insult to shareholders, having a extra £150,000 bonus paid to him for producing nothing he's got effectively free money to plough back into this dead end.
" wondering if they still think 12p is just round the corner?"
Unfortunately after the share consolidation ..it could end up at 12 p which would be very bad news indeed!
Going to be really interesting to see what price on the day of conversion it ends up..and whether it just enables further erosion of SH value.
Unfortunately I have seen a few of these complications and there is usually more pain to come.
Plus at some stage could allow further dilution.
But the good thing is that the bod wages will be safe going forward..and for them even better that they don't even have the pressure of making substantial sales and year end profit
Just green stripe
Meanwhile - director buy today? Similar amount Jag spent. Same kind of time (which stopped further drops). I don’t know obviously but I cannot think that anyone else would even buy £10k of this dog until after consolidation and to see how the wind blows. Frankly I don’t know
Delaying the inevitable A going to be an interesting couple of weeks.
As I no longer have any hard predications that havent happened here is one:
No way will ODX have £3.8 m in the bank at half year trading.
Consultants, ISO, paying off a very annoyed CFO, production realignment costs, loss of production until things reconfigured. Etc etc. I cannot wait for the next update - it could be the mother of all car crashes.
In the bright side - at least by then the share price will be able to drop further ! .
Don't you mean censored?
For your own wellbeing.. please get some help... filtered.
Not lies 100% true ask CaptainSwag, he realises I don't post lies.
Avoided a reply I see.. credibility once again through the floor pretty much follows the same trajectory as the ODX share price.
I genuinely mean this, please seek help Dave, it's quite clear you have some sort of mental illness causing you to be a pathological liar. With the greatest of respect, your continuous lies are seen right through by everyone and it's time to stop and seek help.
Please use this urgently; https://www.nhs.uk/service-search/mental-health/find-an-urgent-mental-health-helpline
Cardboard box by end of year when this goes bust
Detached bungalow not a flat.
It's a crime reference number. There is a difference.
Thats it had enough im reporting Dave to health and safety
He needs to sort his stinking flat out
Its worse than this share
🤣🤣🤣🤣🤣
All you get with Action Fraud is ref number
Its easy way of getting rid of time wasters
Exoptimist - I will be polite enough and answer your question
Short answer is no
It appears they have no clear strategy of making money/profit so have thought what the heck lets get what we can and hopefully by the time gov what money back they will be long gone probably on a beach in Bahamas
Q was pretty cool finding what he did as we all missed it. Proof of what they think of shareholders
"Well I've contacted the police today again about Dsaf, they told me to contact Action Fraud so I just have. Let's let them investigate if they want to."
So, the police told you to take you moaning about me burying you in a box when you bite the dust, to actionfraud?
Man, your lies couldn't be anymore transparent if you tried.
28 days apparently.
Well I've contacted the police today again about Dsaf, they told me to contact Action Fraud so I just have. Let's let them investigate if they want to.
Oh you mean the board of directors?