Firering Strategic Minerals: From explorer to producer. Watch the video here.
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....er, can't remember the name of our remaining wonder stock. If you can, please remind me!
Funny how the RNS has the ‘we are pleased to announce’ . When the £600k original investment that has been written down several times, £400k then £13k and now today they are pleased to announce £5k. !!!!
Criteria for job as investment manager with seed. you must be able to turn 5 million into nothing and be able to repeat that task. you must be able to put your feet up all day and drink coffee. you must enjoy 50 weeks off in the year. pay is thousands a month and a bonus of getting free entry to masters invester show . hours of work is up to you. but 1 hour a month to make sure your money goes into your bank account seems fine. b there is shareholders but do not worry about them. they are all homeless with no access to a phone. applicants will be short listed if they have nice hair, white teeth and have a flash motor.
...not Ed -at least that way you get a useful powder!
Mickey mouse management
🤡 maybe you should consider informing the market about any plans that may be in hat peanut sized brain of yours regarding leap money….the way the share price is sinking is like word is out that you have invested in something….ie market discounting the investment to zero as it inevitably will be due to your incompetence
We don't use the "Leap" word in here.
Germany’s legislative changes as a catalyst for the cannabis industry’s growth, projecting a leap from a 28,000 patient base in 2023 to a market worth €1.7 billion by 2025. His review of Germany’s phased legalization approach, beginning with personal use and potentially extending to retail sales, offers a foundation for understanding investment avenues.
Spotlight on Investment Prospects The expected rise in medical cannabis users in Germany signifies a broader European trend, where access and pricing dynamics are key market drivers. Zuanic highlights companies such as Aurora, Tilray, and Curaleaf International Holdings Limited as front-runners poised to benefit from these developments. His insights act as a guide for investors aiming to make informed decisions in a shifting market. #seedinnov
‘ how about putting the money in some crap company and losing the lot because none of you have ever heard of cutting losses. lol. anyway integrity has to be earned. how this shower can take good wages every month without any new investment a year on beggers belief’
As much as it infuriates me that that w⚓️ raids our till month in and month out, ripping us off with his inflated ‘salary’…..at least we get to keep what’s left of the leap cash……once sneaky ed gets the phone call from one of his slimy mates that needs exit liquidity…..ie dumb dumb gives the cash to his mate and seed gets worthless shares, rinse and repeat IMO.
FUEYAP
And get your free tickets to the master investers show. these guys are good . lol. just watch your wallet.
Timing is everything ed. are we not due another 2.4 million soon from leap. how about putting the money in some crap company and losing the lot because none of you have ever heard of cutting losses. lol. anyway integrity has to be earned. how this shower can take good wages every month without any new investment a year on beggers belief and in some secters a bull market. unreal.
Stop picking on ed. he is doing a great job. he is using the cash to pay great wages per month for working an hour a year, he thinks bitcoin is from mars and if a mate comes along and says invest in my crap company he does. so leave him alone. what is not to like.
Would we notice any difference if Ed was away for a year?
I never realised how highly thought of Ed was, keep up the good work
Might put ed down for this, with a bit of luck they’ll sent him on a full trip.
https://www.nasa.gov/news-release/martians-wanted-nasa-opens-call-for-simulated-yearlong-mars-mission/
But how could he replaced, who could step in to fill Ed’s day to day role at seed…….ed, can you list one thing that you do for seed…..just one, you can make it up if you like!
You should have followed my recommendation years ago of freezing this pos, suspend bod from sucking shareholder cash out from shareholders every month.
Zero integrity, ed you are a plonker
He’s got interests in many similar companies. As a NED he has very little to do with the day to day running of the fund. NED’s main role is to monitor the BOD.
A SEED NED, Luke Cairns, is being brought in as a NED for Valirx Plc. Anyone know anything about the chap?
They had a similar issue several years back when Lorne and Jim were still on the BOD. Due to their high wages and expenses at the time, it equated to annual running costs of the fund at over 12% pa! If the fund was making 30%+ pa then it wouldn't be an issue. The NAV here is lower than it was around 7 years back!
Apologies if this has already been posted, but Iweb have posted a letter, received today, saying they have removed the option to invest further in seed. ‘Latest review by the fund manager found following investments does not offer you value, or the fund charges are not justified.’
‘ Lorne Abony is a well-known U.S.-based entrepreneur whose many successful ventures include the 2001 founding of FUN Technologies, which he sold in 2006 to Liberty Media for $484 million. He was the founding shareholder and Executive Chairman of wellness player Emmac, which was sold in 2021 to Curaleaf for $407 million. Prior to Emmac, Mr. Abony was the CEO and founder of NuuVera, a Canadian wellness organization listed on the TSX, which was sold to Aphria in 2018 for CAD $826 million. Prior to NuuVera, Mr. Abony was the founder and CEO of Mood Media Corporation, the world’s largest in-store media company. Mr. Abony has significant capital markets experience having raised more than $1.7 billion through the public and private debt and equity markets. On the Meatable Board, Mr. Abony will support the company’s management team by advising on commercial development initiatives in the U.S. as well as future transactions.’
How come no mention of ffwd, the smarmy cont…..jeez i can see where ed gets it from
Anyone for tennis?
After the high profile BOD left this fund to avoid embarrassment- following years of many investments written off ( including a single £5m investment written off ) in their own interests and that of their close associations. Ed was given the Herculean task of turning this around.
He’s been at the helm for several years now and after high hopes from investors waiting for an exit after years of failure, he didn’t disappoint in providing more of the same from the previous BOD!
Shouting from the roof tops that Seed would have a £50m mcap following the sale of the last big hope - Leap gaming . Even when he knew it was another failure, only getting their investment returned after 7 years of investing and working with them. Yet, he still gave this impression of the fund turning around. Seed have held investments and let them drift to zero from over £3m, when they could have cut their losses and made a stop loss - because of their close associations with the companies they would hold and write it off. Not the best investing technique
I like your dry humour reefles. Ed took over the fund even though he was not a fund manager. He had even admitted that he isn’t that great at picking stocks. Investors still gave him a chance after the last BOD disappeared following many imvestments written off ( invested in their own and friends interests )including a single £5m investment written off. That’s when it was left to Ed.
Mbvb… there are some people on this BB who are jelly of Ed, because he’s out there living his best life rather than being some kind of nerd. Folk on here don’t appreciate that he’s a great guy, who’s into gaming and sports cars and banging. They’d rather have some shirt with a calculator and a blackberry and contacts in the market. You won’t hear these criticisms from me, though. I like to think that he’s my mate and is doing a great job.