Member Info for ART123

Looking at Eatigo this lot need to go at the speed of light to get this up and running around as much of the country as possible as soon as possible.

The Eatigo APP is way more advanced. The restaurants are all grouped into: Trending; Buffets; Wine and Dine; countries of cuisine; etc, etc ,etc and it really is etc, etc as there are lots and lots of groups.

I still don't like all the waiting around here. New restaurants should be now being added on a daily and weekly basis. They owe it to the shareholders to get a move on to get this back to the IPO share price and beyond. It's no good AB saying he doesn't know why the share price is so low - it's so low because until the company starts seriously signing new restaurants to the platform they have very little revenue and the company isn't worth any more.

The real danger is that this isn't a patented business. Anyone could start up doing the same anytime and the only way to reduce the risk of that is by getting as many businesses signed up as quickly as they can. If they get the restaurant signed to their platform first then they will have a winning advantage. You can see this with BigDish and Eatigo. The two platforms are virtually the same so there is very little point in Big Dish going to the cities that have signed to the Eatigo APP as the restaurants don't want to be offering virtually the same deal with a second APP. There is no point.

So the quicker the restaurants are signed up in the UK the better.

AJMO.

okenia was also a pre-IPO seed investor - and he's been posting on here today earlier.

jsmith23, stix40, monty5662, Mozax, Beebopalula, drax, jyee7, and me and I 'm sure a few others have all been here from the beginning.

He's still around and is posting on the STAR board today though he hasn't posted on here for ages now.

presto113

You can see all the posts if you go back on the page links just above where he posts are. Set it to 75 posts per page and its on the 14th which was the first page. As I said the other day I had the first post on here on the first day of trading.

I'll be happier when the share price gets back to nearer 4.50p. It'll happen as long as the company now get a move on adding restaurants to the platform.

I keep blowing hot and cold on this share.

The potential is great, as is the potential upside to the share price, but so far since the IPO progress here has been much too slow. The APP is now working fine so it's time to get the restaurants on board. That is all BigDish need to do. The restaurants then do most of it themselves as they can offer different discounts on various days to suit their business.

Also the share price driver is the number of restaurants live on the APP. The more restaurants the higher the revenue and the higher the share price. If they now get a move on the 4p/5p share price will be easily reachable and the next reachable target should be 10p.

This is still a great buying opportunity at 1.90p.

I just want to see the company get a move on now and start seriously signing up new restaurant partners. This is a competitive business and they do have first mover advantage in the UK at the moment so the game is to get these partners signed up to Big Dish as quickly as they can. This is not the time to sit around doing nothing.

And of course the more restaurant partners that are live on the APP the higher the share price.

Anyway at the end of the day the faster they sign up new restaurant partners the more their revenue will increase and the quicker they will become self-funding.

"The Company has concluded its strategic review of the Asian business. It has been determined that the Company is best placed to focus all its resources towards the UK market where faster growth is easier to achieve. Talks have taken place with a number of large tech companies who have expressed an interest in BigDish."

It's not ambiguous at all. They have said they may look to offload the Asian side of the business and concentrate on the UK. They have the market to themselves here at the moment whereas they are dwarfed by Eatigo in Asia.

Very good RNS.

At last the company has done what they said they were going to do and on time.

There are 20 restaurants live in Bristol today, all new and signed up by the current team. There is also a good variety ie. not all Indian - nothing against Indian but you do need a good variety of cuisine to keep eaters happy. The RNS does also say that this is a launch with an initial select number of restaurants so hopefully more will follow.

We also have some clear details of the first two territories and where they will be adding restaurants. I just hope they now get on with this and they get them on board as soon as possible. It would be nice to see new areas and restaurants added on every week.

Also it sounds like the APP is a success as consumers are starting to use it despite this being early days. And January is a notoriously quiet month for eating out as well so numbers should pick up as we go towards summer.

The Asian review has been completed and sounds like it will be sold and bring in some cash to help with overheads.

ATB

The buy price is 1.93p so the MM's are not dropping that despite the run of sells.

Strange sells going through below the market sale price. I'm clearly getting 1.815p quoted to sell hundreds of thousands of shares so why is someone selling at 1.7020p. Unless this is something to do with what I alluded to earlier in which case I shall soon be cross again as having checked on the lock-ins earlier I bought quite a few more. Oh well not to worry, I'm sure this will come good eventually but it just might take longer than I was hoping or expecting.

3,632,221,134 shares in issue after today's placing.

Dave1982

They can't turn this around anymore. They are closing down the remaining technology part of the business and will not be even open for any orders. The company as it was is now officially no more. Instead, they will be looking to acquire a new and different business as a cash shell - which basically means they are keeping the listing on the AIM market but nothing else.

It could only be AIM where you get a company that produces technology that nobody wants.

Some posters here used to be really full of this technology but it turns out the company couldn't secure one single order. Poor show.

They won't be getting any major contracts or any contracts at all. Read the RNS:

"Intention for an orderly wind-down of the operating business

The Company currently has one trading subsidiary, PhotonStar Technology Ltd ("PhotonStar Technology"). The Board has reviewed PhotonStar Technology's current trading and believe it is appropriate for this subsidiary to cease trading and for the business to be wound down. Consequently, pursuant to Rule 15 of the AIM Rules for Companies, the Company will seek, subject to shareholder approval, to become an AIM Rule 15 cash shell."

The technology business won't still be going. It is to be shut down so there won't be any contracts. They obviously do not believe they would have ever got any contracts either.

I sold out here ages ago at 0.40p at cost price and was happily sitting around waiting to buy back in when any contract was announced full believing that that would have seen the share price 10 or 20 bag but unfortunately that is not to be. Shame.

Very bad news for the shareholders here but probably predictable.

And just for the information, I have posted here since the first day and on the whole my posts have been positive as I can see great potential in this business.

However, since mid-November, some of my posts have been somewhat critical of the slow progress here as has been reflected in the deflated share price which was not going down too well with my largish holding. I even offloaded some of those at a small loss to reduce my exposure.

However, I still believe this business has huge potential and certainly from today's low m/cap and now the management issues seem to have been resolved this should start to build with more and more restaurants added quickly to the platform. Then it's just a numbers game and the growing number of participating restaurants will be quickly reflected in the share price.

Even a rather modest number of outlets such as the 700 restaurants on Eatigo should see a share price of several times the current level.

ATB

It's just a shame that a few of the posters here still want to sing the praises of Justin Boer when he has been so clearly shown the door. Let him go.

And well done for Aidan Bishop having the strength of mind to remove his fellow director. Let's hope this is turnaround time for the share price.

This should be a walk in the park for Sanj Naha with his track record of B2B marketing and signing up of restaurants.