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Surely today's RNS only proves what LB28 said. The board are carrying on with the delisting come what may. They now control virtually the entire vote. The odds of the board not finding another 8% is virtually nil IMO. It would require at least 25.1% of remaining shareholders to make the effort to vote, and given the bulk of those are gamblers I can't see it myself.

You can easily shut up shop when you need 75% of shareholders to vote in favour and you already have the largest holder with 67.5% agreeing to do just that. If the RNS comes stating the meeting is going ahead then it's all over bar the shouting IMO. I don't quite understand what people are gambling on here?

........People can ramp and deramp to their hearts content. The facts remain the same here. Book value 5 times the current SP. With a deep discount of 50% applied it's still currently undervalued by 150% end of story.

Some major games have been played this week and I have a feeling some people may start showing their hands very shortly. Good luck all genuine holders.

You never know I suppose. Good luck with it anyway.

It's a big gamble though. Even if the disposal goes ahead in the next week, many investors will be waiting to hear news on RTO. If they just get the stock style RNS with no elaboration in black and white it will drift back lower surely?

You mentioned BOU and TLA before, but I just don't see the same interest here to warrant that kind of rise. I can see a possible spike to .15p maybe, but I don't see massive gains personally even if the disposal comes off.

Thanks for the civilised reply. We didn't need to argue on here in the first place.

Been watching quietly all week so as not to be accused of deramping, but I have to ask you again. Why are you so sure there won't be another extension? There has been umpteen up to now. Also, If there is another extension will you see it as another positive sign? because I doubt most people will.

If this hasn't been sorted out by the middle of next week, being realistic, it's insanely optimistic to assume it will be resolved exactly on the deadline day. Given that the 30th is the weekend it would have to be sorted before then IMO.

Thanks for your help.

OK thanks. I noticed that upon rereading it. A mistake born of spending too much time around resource stocks, lol. Thanks my friend.

What's the deal with the video game? Does it have a real shot at success or is it just a gimmicky thing?

Fair enough, I only looked quickly at the numbers so they may be incorrect as per the disclaimer in my post. I'd appreciate a few pointers as to where I'm going wrong though. If you don't mind, that would be great.

.........Not an expert on this by any means so feel free to correct me.

I've noticed a bit of a buzz around this lately and thought I'd check it out.

So correct me if I'm wrong, the main service DEV is offering is the VR tech aimed at educational institutions. It said the UK market was worth around £100m in total and DEV is targeting 10% of it by 2023. That's £10m and the company is already valued at that so there's not much value here currently based on that alone.

The North American market is estimated to be worth £600m. How much of that DEV can realistically target is up in the air I suppose, so let's say 5%, given ( I'd imagine at least) increased competition North America, if not now, then soon. That's £30m. It would also take a longer for that to come to fruition I'd imagine given the structure of the North American market for this service.

So by my calculations, and I could well be wrong, so please correct me if I am. They're targeting at a very rough estimate a market share worth £40m over the next 5-6 years or thereabouts. Again, assumptions have been made to arrive at this as per my calculations above.

I don't know about the other areas of the business, but I assume that's the biggest area and to be brutally honest, it doesn't seem all that impressive given this is already valued at £10m

I don't know enough about the video game thing, is that worth anything?

If anyone could fill me in on any other important areas of the business I've overlooked I'd appreciate it.

.........Whitebox jumped ship. This could be the start of the rats leaving now IMO.

........I am also incredibly happy with the fundamentals here.

Q4 is going to be spectacular IMO. Increased revenues and there will be many options open to the company by Q1 next year.

A slam dunk buy IMO at a ridiculous discount.

Why did they leave the placing so late?

I really don't like the BMD, San Fransisco Joe and Chris Oil connection here, along with that other bird. Slimy Chris Oil has had the run of this stock. He's been buying and selling with insider knowledge IMO, and being allowed by the looks of things to get in and out at the expense of shareholders, again IMO. BMD ramping, alongside San Fransisco Joe giving his gormless commentary as usual.

This placing should have come ages ago instead of letting Chris Oil smash the price down, and no doubt he'll be back to take a piece of the upcoming placing. The BMD, CJ and CO crew along with that bird win again and everyone else loses out as per usual. It stinks to high heaven IMO.

One other thing I don't understand is the purpose of releasing that shzitty RNS when the SP was already on it's azz. It's almost as if they want a discounted placing?

The way this is going you'd swear Chris Oil and BMD were running the company and not DB. Especially when you consider the Tweet put out by BMD saying he wants a piece of the placing. Absolutely disgusting the lot of it IMO.

.35p - .50p, where are you getting that from. I think it's a fair question.

I'm not saying people are going to lose money investing here, I'm not discouraging anyone investing here. The likelihood is you could do OK from here if your willing to wait a while, but you still haven't explained your predictions. You still haven't explained why you're so sure of everything.

You keep referencing two freak occurrences to justify your far out price predictions, and you keep mentioning two random dates aligning to justify you prediction of a dead cert RTO with FURA. More like conspiracy theory.

I'm more than happy to engage in measured reasonable conversation Hardy and get along with everyone.

Your prediction is entirely reasonable too IMO.

I don't care if it gets cheaper. I hope it goes up for everyone.

The point is, you haven't explained where you've gotten all these flighty predictions from.

If the disposal goes ahead .12p-.15p looks quite doable, but why higher? You were saying .5p on disposal, where do you get that from.

Again because I'm suggesting a potential 50%-100% on the disposal, according to you I'm deramping. Where are you getting a 500% uplift from. Please don't refer to TLA and BOU again. I can give you ten times as many examples that have gone nowhere. Apart from hoping for the best, where is the black and white proof supporting the claims you're making.

If you want an example of a stock that went nowhere on becoming a cash shell, look no further than Hardy Oil & Gas. You keep comparing this to a handful of stocks that went nuts on becoming a cash shell.

Hardy oil and gas officially became a cash shell a while ago with £10m in the bank plus mega bucks in tax losses and it's currently trading at £4m. A lot of people were saying that the board had a plan and that they hadn't just been sitting around doing nothing for months, well guess what, it about 3 months on now, and it's total silence.

People were joining all kinds of dots over on HDY and they were all wrong. Will something happen there? Probably, yes. When? Nobody knows, and that's my point. Nobody knows when anything will happen here. There have been umpteen extensions already, so why not another? The company will a shell with very little cash after the disposal and this is all one big gamble on speculation that there is a RTO with FURA coming.

Do I think this is a bad investment? No I don't, it's probably a better gamble than a few on AIM, but all this talk of multiple pennies is ludicrous. In all fairness, there probably isn't that much downside from this level, unless there is another extension, but why can't people just be realistic. All these valuations being thrown around are based on pure hypothesis/fantasy, nothing more and nothing less. Until we see a RNS saying exactly what the board are doing, all this talk of fairy tales does this stock and everyone else a disservice IMO.

What I don't understand is why you're so convinced there won't be another extension.

So the date coincides with something else. It doesn't necessarily mean what you think/hope it does.

Evidently, and to your own detriment given this is down 20% this morning.

If I wanted to deramp I could have done it from the open today when it fell as I predicted it would, and in the range I said it would. If I wanted to deramp I'd be sticking the boot in at the most opportune moments, and I certainly wouldn't make a point of doing after hours and on weekends.

I'm sitting here quietly, minding my own business, letting everyone here get on with theirs and I see you're having another dig at me. Grow up. It's characters like you who seem to want these boards to devolve into some sort of habitual slanging match.

I've explained my position here and I've no desire to stress it any further. If you don't like me posting here, then keep your sewer of a mouth shut and don't address me in the same sentence as your crude filth. Make no mistake, every time you direct any sort of abuse at me I will reply to it. I'm not going to sit quietly while you make your crude little digs.