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The FTSE 100 and other European stock indices have fallen more than 2% this morning as fears grow of the impact of the coronavirus.

The whole market is taking a real battering today if you look - FTSE down 2.5%, oil down 4% etc,etc

Anyone who knows about outbound telesales knows that it is a hard job. Not everyone can do it. In fact most people can't do it. Handling rejection is the hardest part and that can get you down which is why a lot of people leave. To get a team of 10 quality salespersons Tom will probably have to go through far more than 10, maybe even 20 or whatever.

However, once he gets 10 competent persons it should be relatively easy for them to do 2 a day each. The best ones will do more and some may do 3 or 4 a day. It's just a case of working out what gets the restaurants to sign and to keep doing it. It helps when they have the whole country to target .

The important thing is that Tom has already run a team that have worked at a fast pace to get 2750 restaurants signed in 6 months so there's no reason he cannot do the same here. And that means that the sign-up rates should still pick up quite dramatically in the weeks ahead.

8 for the day, 45 for the week and 304 in total.

Great progress. Still a long way to go. The share price reflects the progress but also has a long way to go - upwards.

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This is the only post I seem to be getting at the moment.

No trades around. Who cares. Just waiting for the next leg-up. 3.5p and then 4p shortly - and that should just be the next couple of weeks. More for the next couple of months.

It's a no-brainer to add chains with the telesales team. There shouldn't be any consideration of doing anything else.

After all of the delays and false starts, I don't think we can get this done quick enough now. The shareholders are impatient.

From 29 last week to 45 this week is a great improvement but I would still like to see this ramped up a lot more yet. This team has given an indication of the numbers they can sign in a 6 month period so it would be great to see them operate at that pace here. Roll on 100+ per week.

I've updated this for now so you might as well all see it. I can't guarantee any more daily charts though as I said earlier but I may try and get a weekly update done.

https://docs.google.com/spreadsheets/d/1IT0rmMINzLSmbdEAUCwZ3jpK22tQ3C4-u6xbX-fj9nM/edit#gid=0

There is still a full week left in January so we should get to 350 easily enough by the end of the month.

The difference this time around is that if the share price gets back to 7p, 8p, 9p purely on the strength of restaurant numbers then it won't drop all the way back down again but will continue up as the restaurant numbers continue to grow.

It was a combination of the planned nationwide roll-out - which never happened, though it is happening now - and a placing at a substantial premium to what shareholders expected.

Some big buys so far today - 3 x 500,000 and 1 x 250,000. Still a big spread so no incentive to sell.

Maybe we'll even see beebopalula back some time as well. His user name is still valid and running. That'll be a laugh.

Just to say that I am not going to be able to keep up with the daily spreadsheet either. It is too time-consuming, especially with all the 1 locations and the scroll down locations not working on the website. I'm afraid that I've just got too much else to do.

I might try and bring one out at the end of each week and I'll still try and give some daily figures along with everyone else.

ATB

45 for the week - which is an improvement on the 29 last week - and 304 in total.

Sheffield +1

New locations - Barnsley, Coventry, Milton Keynes - all +1

Birmingham, Newport, Rotherham, York - all +1

7 so far and 44 for the week.

No. The re-rate is only just beginning. I expect that anyone who has sold in the last day or two will be buying them back in a hurry very soon. 7p end of March anyone?

Just to pick up one thing from the Align article - I think we'll have 700 restaurants before the end of March 2020 looking at the current rate which can even improve by some.

I was wondering why I was getting all the emails - something just didn't seem right. It should be okay now.

See if that works now