Seed Share Price (SEED)

Lol. can you imagine anyone giving us 5 million to invest and we invest on there behalf and lose the lot. we then say to them we want paying a monthly salary. the thing is because we live in a world that is dumb full of dumb people that is the result.

I hear what you are saying lee8

The board of ffwd/seed have always traditionally been scrounging crooks .

But we have pennies left here .I cannot imagine billionaire Mellon has just come bk here to take a salary ,I imagine or should I say hope that we have an investment to sell.

Maybe CFG? Then I imagine he will do some slight of hand with the proceeds.

But before he does that will be the time to sell .whaf a depressing stock this is.

Inveniam, the result of investing over £5m into a company (FACTOM) that was rejected by all its shareholders when trying to do a raise to stay afloat i.e. they gave their friends £5m for free. Well they have increased its value to a ridiculous £625k on the balance sheet, but then also warn it will more than liekly be written off with their statement .......Management have also disclosed potential near-term funding pressures and are currently undertaking a cost cutting exercise across the group whilst seeking to realise certain assets and undertake a fundraise. The result of these actions by Inveniam may see a review by the Company of the carrying value of this investment at the interims...........this equates to it will be written off at the next report ....That plus wages will remove £1.5m from the NAV next year........They better start making profits soon ( something that hasn't happened yet )

He will certainly do that Mat. Just over £1m left in the coffers. That will be almost enough for the next 12 months wages. What do they do then? Will they have cashed in any investment within the next 12 months....highly unlikely. Like I've said many times, this isn't set up for the investor, it is a vehicle to move money around and a plaything or interest that Jim would call it. It is certainly not a fund....The NAV has decreased year after year and will likely continue to do so.

Sell up. Mellon will ruin you all.