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Do a bit more research into the reason he pulled out of ADME, very different story to here. People take everything for face value, but if i was in his situation with what happened at ADME, i'd have pulled out too. DYOR
Just think logically.
There were legacy issues which many of were unforeseen. Acquisitions have happened. A brand being built. The acquisitions create audiences. Audiences put you in a position to put your content out. 1m contract doesn’t get signed for fun. It’s all been strategic. It takes time. As said before. If you don’t like it and think it’s going nowhere, cut your losses and move on.
The bitterness is ridiculous. Found today that GSN gets 100k hits a week!
130k per month? Are you on crack? What’s that on then?
Glad you know more than most obviously.... 0.25 is absolutely reachable. This had gone down to the level it was as it was seen as a shell for a short while. Now it’s launched business begins.
It’s a start. As someone said previously, they’ve stuck to a deadline, which is good.
1st stage - Website live, hard launch of the company.
2nd stage - get GSN live - previous revenues of 500k pa
3rd stage - announce the contracts that have been bubbling
Revenue is already being generated if you remember, £25k per month on a retainer. Add all these things up, we’re good to go and this will perform.
I don’t believe a placing will happen.
This obviously isn’t the in-depth SH register. These are nominee’s. Shareholders obviously sit within them.
If you think sensibly, a SH register, however detailed, needs to be in public domain as part of prospectus.... so I’d assume this is going to be V soon!
Next tranche is upon prospectus, i believe?
I'd expect prospectus to be held back as long as possible if we're to get rid of EHGOS and find alternatives... last thing we'd want to do is issue those shares.
As hard as it is to remain confident, hearing a few things which give me confidence that the business is finally getting going and we'll hear more v soon.