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See George Roach at it again over at Prem, but the volume is there….he sells a story!
Ed sits back gobbles the cash every month, bleeds is dry and creates zero.
This is simply boring, there is nothing to get excited about. It’s been years they have proven what they can and cannot do.
Hoping isn’t an investment strategy, and that’s what we are doing here simply hoping that we can get out!
On receipt on the leap money, Ed’s text message to alfresco will probably read: that’s us set for another few years matey
I do think a dividend is a good idea with some of the leap money. look at it this way. we all get some cash from the dividend and if[ a big if] they somehow can get the share price up to a better level we at last see something positive. and then just sell up. you got a dividend a payment and less losses or a profit depending on your average.
pressing that buy button is so bad it sends shivers down your spine as you think what the **** have i done. i mean look at it. 2.2 to buy and 1.9 on the bid to sell. so whacked on the bell.
So someone might come on here and say give it another 2 years. lol. yeh right.
you know when we sometimes say things like give them another 12 months. well, another 12 months as gone and look at where share price has ended up. it is like being married long term. you give it another 12 months and you still bored as ****.
Longlad. hit the buy button instead of sell. lol.
Poor fecker probably hit the BUY button instead of SELL.
If the sp could close above the 50 dma and with funds on the way it could be worth a trade.
I’m exhausted with the bloody thing
They probably believe a dividend will be paid on on receipt of the latest Leap funds unless Ed has managed to lose them as well.
....has just spent £6250 of their hard-earned on a purchase here! If he/she is reading this, please enlighten us long termers as to your expectations!!
Don’t worry guys …simple explanation “ it’s market conditions” or “ it’s a legacy investment” which is not part of the master plan
Fatman
Indeed, another investment down the pan…the accountant will have an easy time doing the books! Its torture, years of this zhit!
Re leap 2nd payment…
@edmcdermott12
There is no reason for any delay and no issues are expected with receiving payment
08/04/2024
Another investment down the pan is just another day at the office for seed mat.from one shambles to another.
It really wouldn't suprise me if we didn't get a RNS this month to tell us some bs reason why we didn't get the second leap payment.this fund has been a complete disaster as an investment.
This whole affair is pitiful. I know its all been said before but I just cant believe how fruitless everything is.
And they still have the gall to talk about Jim and Lorne as if theyre anything but shysters.
To liquidate. Come on Ed do the right thing or at least make seed wages performance related.
For those of us still holding, all we can do is hope for a spike and try and get out, or sell at a loss. I'm so far down (regrettably), that I'm likely to just hold this until something maybe happens (as long as it's in the next 20 years). Although saying that I am tempted all the time to just get rid, as I HATE seeing this big red mistake staring at me in the face every time I open my portfolio. Sickening.
Fair play Kingsley888 apologies for jumping the gun.. Just read your history and I can see your clearly compos mentis.. This is clearly a life style company if there was ever was one!
Exactly Dougie. The man at the helm spouting £50m mcap at the time of the hugely anticipated Leap sale. No…..That’s not misleading at all. Crooks
We can say it’s our fault for investing… It’s not our fault for believing misleading interviews released for our viewing ( valuation of leap etc ) . Shambolic . Company funds spent on ridiculous salaries for massive underperformance time and time again.
The whole deal was ridiculous. A company with a £6billion mcap buys a tiny £14 mcap company and pays half upfront and half in a years time. What the hell is that all about.
No Daprophet. I’ve exposed his and Doggos and wadnobs lies over the years. Q got me taken off here.
My biggest bugbear was the moon deal. Sold at a pittance when they had revenue even then in the 10s millions each month. seed would have a £500m mcap now with moon.
Factor. They couldn’t close a raise. All investors refused to give them any money and yet Seed the smallest investor in Factom gave them ( their buddies ) £5m. Later to be written off. Yooya , then Yooma. Just one of its change of names and over £3m invested into their buddies play thing. Also written off. The whole company has been a disaster. No wonder Jim and Lorne had to get their names off the Bod as quick as. Ed’s £50m mcap talk. lol. The list goes on.
Longlad / Fatman. Spot on. Ed could never raise again. Imagine he invests all the cash and they have to do a raise to keep the payroll. Who on earth would invest. No buyers at 2p when the nav is 6p. They would have to raise at a massive discount to 2p and even then I don’t see any takers.
Yep. when you start putting it altogether and how the fund is run and there investments and the total lack of risk control it is just garbage. it really is. i would be ashamed of myself losing millions and taking good wages. but then some of us do have some morals and know when enough is enough.
And they never cut a loss. the fund is absurd. what sort of deal is losing all the money in companies because you never cut a loss and then if there is some value[ but only the money put in ie leap] you can only get half back at the time. they should be ashamed of themselves of just how useless they are. and they have the gall to take good wages.
Another thing about this leap money that they invested getting half and then the other half later. we are all investers ourselves on here. can you imagine you put in 4 grand in a stock . it ends up worth in the end 4 grand. so you sell and your broker says you can have half your money now and the other half a year later. absurd. it would never happen. not only do they lose money hand over foot but they have deals saying they can only have half the money that it is worth at the time and the other half hopefully a year later. and it is hope.
Your phrases and wording is uncannily similar..
The seasonal rebirth of accounts /blowing hot and cold in avacta bb
Betting man and all that 😉
Are you like Mr Anderson and agent smith is trying to catch up with you
I’ve been here in a different form myself until the same guy got me removed for revealing his past. Been here before the likes of doggy and wadnob. Gave my feeling about the shady moon deal and many others.
Ahh. lol. I think I know the fraudster you are talking about. He’s been in and out more times than John holmes Disappears when he is outed each time