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Ed you have decimated your integrity, completely of your own making.
If you want to gain a shard of dignity, liquidate what’s left.
But thats not not what’s going to happen, you are going to continue to suck every last penny out of us.
Just look how dismal this fund has performed under your stewardship during the biggest equity, property, crypto and bond market bubbles in history.
I don’t belief you to be a fool, but yet we have got poorer as you have increased your wealth….I’m sure I could think of a name for that.
The Merger comprises a total consideration of up to 33,900,000 New Voyager Shares and includes a preliminary element, a loyalty element, and deferred performance-based consideration:
(i) Preliminary consideration: 10,000,000 New Voyager Shares issued pro rata to shareholders of Northern Leaf
(ii) Loyalty consideration: up to 2,000,000 New Voyager Shares issued to shareholders of Northern Leaf who remain on the shareholder register for six months after completion in proportion to their current shareholdings in Northern Leaf
(iii) Deferred consideration: up to 21,900,000 New Voyager Shares issued pro rata to shareholders of Northern Leaf subject to Northern leaf achieving annual revenues by no later than 31 March 2025 of:
· not less than £2.0 million - 10,950,000 New Voyager Shares
· more than £5.0 million - a further 10,950,000 New Voyager Shares
New Voyager Shares will vest on a straight line basis for revenue in between the £5.0 million upper and £2.0 million lower limits.
It was bad enough the £600k being written down to £13k,
and now the RNS states it is worth £5k.
Err... that's bad enough, is it?? I'm directly invested in Northern Leaf.
I only invested in Seed as a hedge. I thought Northern Leaf would IPO really quickly, and my plan was to sell my stock in Seed just before the IPO, so if the IPO was unsuccessful I would have cashed out on Seed at a good point.
Several years later, with both at bargain basement prices, I don't think I can legitimately use the term "invested". Something like "spunked" would be more accurate.
(For anyone actually interested in this saga... I have given up on the dream of buying a boat, but I am now renting one. That's what Ed has done to me. I could have bought a boat and scuttled it, and been in the exact same position as today.)
Ed has cost many of us dearly.
How to get out? Wait for a spike, but how can it spike, it won’t go up on anything 🤡 does or says, the market is all too aware of his capabilities.
We are adrift until 🤡 drains us dry.
He is one deplorable individual
Hi reefles.i hardly post much these days because like this excuse for a fund it is pointless.but your post resonated with me.we all assumed we would have a few stinkers but the odd winners would make up for all the rest and more.
That would have happened had we PIs been allowed to benefit from our investment in moon active and leap.it is now clear that we will never benefit ,history here shows that.
We will always be sold a fancy lie,while our money is wasted on eds friends ventures .I wouldn't encourage anyone to "invest "in the fund,you would have more success in Vegas!
Ed got this gig to make sure this downright theft continues. I have given up on my money here but after years of listening to lorne and eds lies it's makes you lose your faith in people.it has been a very expensive lesson learned.good luck everyone in future anyway,
I hope investors earn money back elsewhere.
‘Special dividend is on the table’. Correct me if I’m wrong but is this the first time we’ve heard this?
Takayama
If it has been mentioned before then it’s just more can kicking.
If it hasn’t been mentioned before then it’s the introduction of a can kicking exercise!
Northern Leaf was yet another example of how useless these guys are.
Remember, for every seller there is a buyer….our money provides exit liquidity for 🤡’s buddies.
After all these failures, is there anyone who has any faith in this ‘firm’!
I guess now that 🤡 is back from his Christmas break, it must be summer holiday time…..he can’t squander what’s left when he is sitting on a beach🙏
I have to admit Longlad that even I am starting to feel a little wonderment at the lack of activity beyond ‘high interest account’ and ‘special dividend’ talk. I, too, feel that the opportunity cost may simply increase here without end, actual cost notwithstanding. Where is the exciting growth? European cannabis markets are undoubtedly loosening up, and, as someone perhaps a little longer on the tooth, I have seen (and experienced) such quiet before frenetic activity in the past. At this point, it feels I can only hope that is what will happen here. My most pessimistic words yet. But I’ve made a lot of money in such an environment in the past… . . There is undoubtedly value here. Perhaps the board may wish to offer me a job? I understand risk and of course, there is risk in NOT acting as we all know. At least I hope we do. GLA.
‘Special dividend is on the table’.
Special fried rice more like😋
Surely little green yooma will be the next write off.
Before long we will be left with Clean Foods as an investment, so donkey will be using leap cash to fund his next balls up…..aim really needs to get cleaned up….at least these twats should have to pass an iq test. This ongoing nepotism allows the likes of boy racer to get into positions where they can cause serious adverse financial conditions on hard working folk, in many cases forced to go out of their risk comfort zone. Between the greed of brokers and bods with very questionable motives, aim is on its last legs. Growth companies, my arze…they all go down 90% from ipo….suck people in, place shares, rinse and repeat!
A well regulated market=growth=jobs=Dividends=diversed investment landscape = less reliance on property market= affordable housing= Increased disposable income = growth= jobs=dividends =……instead we get boy donkey racer
Alittle harsh longlad.. I'm sure our ted is doing his upmost at delivering what he possibly can in these horrendous market conditions every witnessed by modern man.. on a minuit salary he may add.. I'm mean come on we are practically on a freebie here.
I wonder if he still spends all day going through countless business opportunities or spends his day polishing his alloys and watching repeats of the fast and the furious
On a postive side at least they'll be no raise for sometime at a ridiculously low discount.
Judge him in 2030😜
Stay positive
Vin diesel or paul walker ed. ed like to think he is paul walker. cool, good looking with the right hair and flash motor. anyway good post fatman and tak and reefles and longlad. all well said in current dire situation for fund. however at least with a special dividend we all get something. maybe the 2.4 million is ear marked for that also.
Vin diesel or paul walker….more like Roman Atkinson!
IMO a special dividend isn’t a viable option as that leaves us with no cash…meaning Mr Bean has to raise on the market……close your eyes and imagine that conversation, boy racer sitting down with the spivs- we have a fund that looses on EVERYTHING they put money into and we have little to no daily volume in shares traded (obviously, coz ffwd/seed isn’t new, and everybody knows what ed is). A raise would be at .5p or some tropical convertible loan note bearing in mr bean came from a bucket shop, then a CLN wouldn’t surprise me.
The only way out of this is to liquidate the fund, stop this (insert four letter word)
@mrbeand st Patrick’s day this weekend, why dont you and alfresco give yourselves a nice big juicy bonus for all the hard work youse are doing.
Flying over London later, ill be sure to keep my eye out for a green mini going in the opposite direction of oncoming traffic……..it’ll be our ed
That really is the only decent thing to do, liquidate the fund! Imagine Ed invests all of the cash and a year down the line they have to raise cash for their wages and running costs. Imagine trying to do a raise, it would be like a fire raise sale. Investors currently wont buy even though the money per share is less than the share price, imagine it all being invested in his associates businesses. Then they might struggle to even raise at a huge discount to 2p.