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Further new areas to be announced in March. I'm thinking Portsmouth in T1 and Gloucester in T2. That is working next to the previous areas so they can still do callbacks, etc.

App is working okay now.

As long as they keep adding towns and cities regularly - ie. at least 1 or 2 a month then the knock on effect will speed this up a lot. This month so far has seen 7 in Southampton &. 13 more in Bristol.

Up to 95 overnight with Bristol & surrounds now on 33.

Only problem is the App isn't working at all as I type this. The website is running slow but still useable except for Southampton but the App is forever refreshing.

Worst share ever and the worst management as well. Dave Wall is appalling bad.

This is the first time ever in many, many years that I have lost money on a wildcat oil drill, and there have been a lot of them I have followed. The reason I've never lost before is because none of them have issued any RNS's before TD and before the drill results were known. At that point there will either be an RNS giving gross pay, net pay and porosity or the well will be plugged and abandoned. This behaviour by Dave Wall is shameful.

With no Nanushuk under 88E's acreage and in reality nothing of note there at all it is very unlikely that there is going to be any oil discovery anywhere on any of their expensive and waste of time acreage. 88E will probably at best end up like Great Bear and have to fire-sale the whole acreage before they go bust.

Very poor company. Very bad management. No hope of a farm-out as there's nothing under their acreage.

I see Southampton still isn't working on the website. Still just showing a blank page.

Personally I just wish the APP would give the numbers of restaurants in each town/city as I get sick to death counting them every day.

Except you cannot multiply 200 by 10 because they are not working on all ten potential territories. They are working on 2 and the 20 restaurants a month is 20 between both so at this rate another 200 by the end of the year will make just under 300.

Progress is still pitifully slow - as is reflected by the share price. They are making some progress as is shown by the current low of 2.5p which is better than the previous low of 1.5p but still woefully short of the IPO price.

Please I don't want any more arguments and rude posts. That is my opinion.

The shareholders would soon like a pushy salesperson who signed up hundreds of restaurants instead of one or two and pushed the share price up by 10 times!!!!!!!!!!!!!!!!!!!!

10 salespersons - give them up to say £25 per hour if they hit the target of 10 restaurants added per day, 8 hours a day, five days a week is £10,000. Give them a mobile with unlimited minutes and pay them generous petrol expenses. £50,000 could get up to 2000 restaurants in a month. That's absolutely a trifle. They raised £1.8 Million on the IPO. They don't seem to realise that people are prepared to grind for a good salary. The 10 salespersons could be on as much as £1000 per week. Who wouldn't phone and visit restaurants 8 hours a day five days a week for that sort of pay.

Hands up who'd rather have 2000 restaurants added in a month than the current 20.

I'd like to see 10 people phoning/visiting these restaurants aiming to sign 10 restaurants each per day. Put them on nice sized basic and bonus to hit the targets and they soon will. 5 days a week so that's 500 restaurants added per week. 2000 a month. 3 months to hit the original target.

That's how to blitz the UK - not 3 a week as they are adding at the moment.

And don't forget companies like Tastecard had to sign up 2 million or so individuals plus the participating restaurants. This is dead easy compared to that.

They just need the right attitude. This is an opportunity. They shouldn't let it slip past them.

I'd still rather this company get a team of salespersons to phone, email and visit the restaurants to get these signed up as soon as possible.

I did a rough calculation on what it would cost to get an outbound call centre to take this on and it was only a matter of very low hundreds of thousands of pounds and that was to get thousands of restaurants on board.

I wouldn't even care if they raised a modest amount to set this in motion. To tell the truth the worry of funding is all very relative. If they raised some funds to spend on getting restaurants signed up by the hundreds and thousands then no-one would complain. It would not be dilutive because the m/cap will rise quickly the more restaurants are signed up. It would be money well spent.

However, the worry is that they will go slow they will spend all their cash and then have to raise more funds without making much in the way of progress.

I've said it before and I'll say it again this is all about numbers. The more restaurants signed up the greater the m/cap and the higher the share price.

So far it's been slow going. They should have hit the ground running considering they were already operating this model in Asia but it has taken 8 months so far and they still haven't got a hundred restaurants on the APP.

The territory is the south-west, south, south-east, London, etc, etc and within each territory there are regional hubs - Bristol, Bournemouth, etc so within the Bournemouth there will be restaurants in Bournemouth as well as Poole and Wimborne and Christchurch, etc. Within Bristol restaurants in W-s-Mare, etc.

On the Proactive podcast Sanj said he had spent one day in Southampton and then 2 weeks later was going there for another day.

Just makes me wonder how many restaurants would be on the platform already if he'd spent 2 solid weeks in Southampton instead of 2 days. Though of course he isn't really the one who needs to be on the ground signing the restaurants up as he clearly says he was in charge of the team at TripAdvisor and Bookatable. If he can get a team of a few people out there every day doing the job they soon be signing up 25/30 restaurants a week instead of 25/30 a month.

Gold Cup.

200 in each territory - that's the total for all the towns and cities in each territory - initially at least.

A few more in Southampton. Also I see that 4 of the new restaurants in Bristol are actually in Weston-super-Mare so each town/city is also going to act as a hub for other towns in the area.

In the case of Plymouth and Exeter I expect that these will be hubs for the whole of Cornwall in the case of Plymouth (even though Plymouth is actually in Devon) and the whole of Devon in the case of Exeter.

Sorry, been watching the G

calamari

The first two territories are as follows (not Bournemouth and Bristol). This is from RNS dated 31st January.

Territory One will target the following locations and their surrounding areas: Bournemouth, Southampton, Portsmouth, Basingstoke, Guildford, Dorchester and Weymouth.

Territory Two will target the following locations and their surrounding areas: Bristol, Gloucester, Bath, Swindon, Oxford, Windsor, Slough, Exeter and Plymouth.

This is the first time I've ever been hammered on a wildcat drill. My loss on RMP was far bigger than here however 88E were the operators and this mess is all their fault.

Dave Wall is a very poor MD and he has lost a lot of people a lot of money. There was no need to make any announcement from this drill until today's RNS. They needed to reach TD and do the logging and then announce the results of the drill. There is never any need to give any interim drill results. That is and has proved to be disastrous and very amateurish.

As for the farm-out - you must be joking. I don't think 88E have one drop of oil in the whole of their acreage and with PB dead now the unconventional can be forgotten about too.

Dave Wall needs to go - not that it would make much difference to this no-hope outfit.

Funnily the last share I had a big loss on was 88E - after the Icewine#2 fiasco!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I think 2000 in 2 years will be a tall order for this bunch but that would still be a great improvement on the last 7 months and would probably see a share price of between 30p to 40p so who cares if it's not 6000. I think 6000 was a Tastecard derived figure and just a stab in the dark.

10 regions and 200 per region - figures we've had thrown at us - is only 2000 anyway.

And don't forget, while we're talking about slow progress, in the days of Tastecard they had to sign up the customers too, all 2 million of them or so. All Big Dish have to do is sign up the participating restaurants.

Even 1000 would be good and a share price of between 15p and 20p.

There's still 6 in Brighton and 40 in London on Table Pouncer and I can't for the life of me see why they don't just transfer them straight over to Big Dish. They are only on the website and Aidan has already said that bookings are on a 70/30 ratio in favour of the App so it makes damn good sense.

I tell you what doesn't make sense though and that's monty5662 senselessly standing up for the management here. We understand a lot more than you think I can assure you.