The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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16:24 not showing yet...
Didnt notice it yesterday, but glad the company commented on the issue. Well spotted Toshlines for noticing the error in the first place!
Market has really taken to Slade's intervention.
Spotted the Kennedy cock-up 👌
I have been researching MS, and the more I read the more I am convinced that a person of his caliber would not have put his name to a sinking ship without fully understanding the implications, and if he wasn't totally confident in his own ability. Reputation is priceless imo
A feasible answer under the circumstances, and the company should be commended imo for dealing with it positively once they became aware. Purely administrative, it's most likely sorted already.
Its a cock-up by Cargill, by the looks of things, rather than the company itself. Cargill will have just included all the directors of the previous company, including the recently departed Kennedy. Proxama ought to have spotted it, but its forgiveable.
How can a company include a director who left a month before as a director for a new company and how come it takes a comment on a message board for the company to realise their error and take corrective action? No new contracts announced and now unprofessional administration. I am losing patience with this BOD
Thisgoesdownigo Sorry to see you're hurting so much.
Quick hurry add before it goes under
weekly 1m tomorrow if everything else goes to plan!...
Nice to know Mark Slade is sensitive enough to rise an RNS and put the record straight, possibly due to the speculative chat here over the last few days.
Thanks for all the updates. Hopefully good news isn’t too far away.
Yeah I emailed Slade and got a nice reply. He was very positive about the upcoming update. Good of him to clarify via an rns too. Fingers crossed for some good news to kick start our recovery
I suppose someone contacted PROX for JK clarification and it is good to get this clarification and the name change. Now lets wait for the update / results next week hopefully. RNS from Jan says mid FEB at the bottom as notice of results...
RNS Just out confirming Kennedy is nowt to do with the company any more.
Update was meant for mid Feb so be patient guys.. I have topped up this morning which is shown as sell but unfortunately price went down a fraction more :(
"The more I work with the incredible data we have, the more confident I am in its value" Course these are just words at the moment! "I look forward to providing a pre-close update in January" This update is now not happening due to the imminent release of interim results.
Other inspiring titbits:- "and further increasing the value of the location intelligence products <b> that it is selling</b> in the market"
"The Company announces that it has in place four revenue generating location intelligence products" The company has a source of income. We just don't know yet if its �5 or �5 million!
Weve never had are actual financials Just a load of smoke and mirrors with the promise of jam tomorrow. We need Jam NOW
Because they have no source of income. Cash burn is high. This has been diluted to the moon. They only make money by exercising warrants/shares. Nothing has materialised from their announcements. Their business strategy has changed several times. All in all it has left investors confused and cheated.
So I've read the RNSs, lots of TR1's and notifications of major holdings, sale of the Payments Division etc etc, so why the long drop, pretty much all the way from 2015? Some up points but generally never recovered to 2015 levels.
I wonder if the lack of news is behind the drop today and is causing people to sell out? Any news would be appreciated so we can make our minds up one way or the other.
Hopefully we will receive the referred to Jan pre close update soon