Member Info for Atanasoff

Deaf

Agree - it's Dunning- Kruger 101. They aren't that bright (they seem proud that they haven't sold since the share was 50p). Others bought on the warrant blip and are now stuck and desperate for it to hit 4p.

I can't wait for the sales update. All those posts by others with high hopes (just like every other trading update that they hyped only for it to be a disaster).

These idiots don't even understand basics or bother to do research. For example - look at the website. Can you spot TWO HUGE PROBLEMS?

1) No blog post since 2022. It is as though they aren't getting traffic and they have given up trying to get organic search traffic.

2) NO microbiome test. You know the one the idiots keep harping about? The white label ones that were to bring "up to" a pittance of revenue. Well folks, they aren't even on the website.

See? These people are so stupid they can't even see what is(n't) in front of their eyes? They just bang on about promises made despite being taken for mugs by the board for the last few years. They also confuse revenue with profit but that is for another day.

Big Jock was a scam artist but at least he was entertaining. This shower of ramping fools (one of which is someone who previously was banned on LSE) havent even got that.

My bet - they deferred some stuff in year end and these will show up in this round. I also think they will have less than £3.8m left in the bank.

Many are desperate for good news after a relentless sell off and a decline in the share price. Many are deeply under water on this after following the share price down from 50p +.

So lets get some facts sorted out:

Even with 4 days of increases the price is only back to where it was on September 18th. It declined by 15%, as predicted,

But the price is recovering, right? With any stock that suffers with poor liquidity the price is easy to manipulate and likely to be erratic, especially towards specific events. That doesn't mean these price changes have validity. It just is. One of the problems is that the price is really easy to manipulate.

Take these last 4 days. Specifically today. While some are talking up things let's look at facts:

# Trades 13

Vol. Sold 0

Sold Value £N/A

Vol. Bought 152,555

Bought Value £3.40k

Less than £5K traded and 13 trades. A tiny volume and a bunch of pocket money trades. Only one trade was above £1,000. I mean, it's pathetic. But this isn't the whole story. The spread has also increased from 5% to a whopping 20%.

Now, lets not carried away. The price has gone up. A win is a win. But don't get carried away. Warrants expiring are good in one way (no further dilution after suffering 3 in the last few years) BUT they aren't great either (no additional money coming in).

The zinger? Remember - in the AGM the holders were all excited about the dilution when it was pointed out to them they also voted through a clause that means the board, who don't have a great track record of working in the shareholder interest, can basically do what they want if the share ever goes above 4p. Now the discount they would need to offer will mean that dilution would come until the unlikely event it goes much above that figure but it should be remembered.

So enjoy the artificial rises but don't get fooled (again). The half year results are the critical bits and those that actually understand this business knows what's coming.

Djframboise

You have a track record of mistruths and conspiracy. You consistently ramp this stock and have been doing so all the way down to where we are today.

As I have posted before I have a Dogs list. SYME, AMGO, NNN to name a few. NNN has gone under as I said it would 18 months ago. The others are on the way although SYME is at least a well traded P&D.

Why do I mainly only comment here? Because I lost money on this because I broke my investment rules. So here I am. No agenda. I wish the business all the best but believe it is in a death spiral based on all metrics.

As is witnessed I have tried to engage you in serious debate before but like the "carer" you never do.

We have a "new" poster (previously banned from LSE?) who is clearly referring to me in posts. I find this defamatory, within the limitations of that term.

For reference I have no agenda but to track, as any investor would, this stock. I predict share movement based on RNS, financial information, share price trends, share volume trends and other metrics. I haven't been wrong. It hit 1.65p just as I said it would after it hit 2.25p, just as I said it would. I have made positive and negative statements as I see them.

To accuse me of anything else by those that prefer egregious conspiracy theory to the harsh realities of a company that has consistently underperformed is a despicable attempt to ramp this stock before the facts of performance are published in November. Which, for avoidance of doubt I believe will be poor.

We are also seeing in the small trades that someone is trying manipulate the stock price. Again, for avoidance of doubt, I have said that this is likely to happen and I continue to say that this stock will demonstrate limited volatility due to the small volumes in play.

DYOR and don't listen to those that are deeply under. I have no holding for transparency. I am waiting for the half year results and appointment of a CFO. Until that happened this stock is and remains a pure gamble.

So you believe the market cap should be the same as ABDX ?

hahahahaha.

This ramper looks familiar. Reads like someone who was banned from LSE previously.

Meanwhile - as the LTHs get all excited at the spread jumping to 23% (that means any buyer must see a 30% recovery before breaking even folks) lets look at the facts for the day thus far:

# Trades 10

Vol. Sold 487,438

Sold Value £8.19k

Vol. Bought 205,044

Bought Value £4.04k

You rampers are hilarious. I realise you have time on your hands pretending to care for relatives or what not but why don't you trot off and learn how to read a P&L?

One of you had to be reminded where the company makes stuff.

HawaiifiveO

You still havent answered my very reasonable questions. I wonder why not? Could it be you are grabbing figures from your posterior?

"It has become very tricky to buy a sizable slice of stock over recent sessions"

Outright lie. A fool and his money will be more than welcomed on most trading platforms and plenty of shares are swimming around.

"A flurry of activity this would be 3p/4p in a flash"

This is a common level of misunderstanding /deception that is common with penny stocks. The fact is different. Trading volume has been very low for a long time. This lack of liquidity means that relative small activity can mean the price flucuates.

Take today for example. You are all getting very excited but where is the share price really? Look at the spread. 23.5%. That is hilarious.

Dream on.

If you are silly enough to hold and can afford and want to take a minimal risk then hold. If you like gambling then buy. If you prefer to invest you will wait for the half year results. If you hold but want to see potential higher returns elsewhere you will sell.

It's pretty simple - even for the rampers.

Ramping lies.

1) They do not have 5 million in the bank

2) They are unable to issue more shares

3) They continue to lose money and have not provided any evidence that they have changed - except what the consultants achieved with production flow. (BTW - ask me what normally happens within 12 mths of business improvement consultants leaving.

4) Although I do not believe they will need to pay back any of the money the dispute with the tax payer is still ongoing.

5) They have no CFO - If you have any business acumen you will know why this is important.

6) The warrants expiry are a good thing (lack of further dilution) but it also means the company hasn't had any cash. Put in simplistic terms - even at issue value CNSL haven't received the £3.6 million it hoped for.

As I have stated previously, the company has got the right strategy. BUT it is a big shift in what they do and I don't know if they have either the skill, resources or time to achieve it.

Wait until the accounts to see if it is a buy. You may want to hold if you're deeply under water (which almost all CNSL holders are) unless you need the cash or want faster returns elsewhere.

Yep - a buy is a buy. Likely cantor or other spread betting comp. No one in their right mind would punt on these currently.

Also note the price increase is down to a wider spread.

The children will be excitable though

It’s interesting isn’t it? A sea of red.

Just to return to even 4p would need a colossal increase of 142% in the share price.

We have less than a month before half year results should be released. In these we will see who was right and who was wrong.

The evidence and track record is clear for everyone to see.

In the meantime the lack of volume and historically low price will likely continue. It hasn’t really got much else to do.

Just the facts. Just like my thread was the facts of the matter. No hyperbole needed. Just a good understanding of P&Ls, RNS composure and over 30 years in business including M&A.

If you're still a LTH after all the clear advice I have provided free of charge then you deserve the loss you're holding.

To confirm - I no longer hold. I did and lost a modest amount of money. I hold other stocks but my main hobby after doing what I do daily is to spot and track dog shares. My dog list includes but is not limited to CNSL (which I find the most fascinating) SYME, AMCO, NNN to name a few.

This one is my favourite mainly because it has so many losers still backing it.

# Trades 7

Vol. Sold 383,832

Sold Value £6.45k

Vol. Bought 0

Bought Value £N/A

Wow that is brutal. I wonder if CNSL/Wallbrook are behind this?

Fact is the question of if they are in a death spiral is genuine. We can all see the 15% drop this month and we all know the major challenges they have.

So, whomever is behind these deletions of genuine discussion - it aint going to work. This company is complete garbage IMO

Hi

They don't carry any debt as they have used shareholders as piggy banks since 2018. It should be noted that the overdraft provision they had was withdrawn due to credit risk.

As of end of year in March they carried £1.6m of assets although take this with a pinch of salt. They also had £5.1m in the bank from sales of assets (which is what they have been doing over many years). They are now left with a husk of a business.

From a spend perspective they were burning #300K per month. My belief is that this is likely worse since YE due to costs of consultants, aborted relocation and other costs that are not compensated by sales revenues. The expectation is they will be left with £3.8 million. My believe is it will be below this. It should also be noted £2.5m is under dispute with the tax payer. This sits on the books but is not included in the accounts as a liability. It may also be that some liabilities were deferred.

Upshot is that it doesn't look good.

It isn't great and thanks to today's drop I am under (again).

Patience is needed here but seeing this slide is making my teeth itch.

This stock has been significantly undervalued for a long time and I am hoping to see substantial uplift. The results of choosing to do the tough things during the downturn will pay dividends (literally).

Great day for us LTHs

£100,000 revenue and £2m loss.

Wow. I seem to be running my business all wrong based on this.

For the cultists on here I wonder what it will take for you to this for what it is.

Every one of those sells has a story behind it. Not just financial losses but in some case a loss of a dream, expectation or hope. It is really sad in many cases.

At least they have got out so they can move on. For the majority they are will continue to see the price stagnate or fall further until we get news or the trading update in November. No one can say they weren't warned (in fact scroll back and I said it would go under 2p).

The big question is - when the results show that they are still making a loss and prospects are based on yet more jam, will they even be able to sell? With such low volume and only small buys from idiots "topping up" or taking tiny bets it is a distinct possibility they won't.

DYOR. This one is a stinker.

Share price about to go under 2p.

If not now certainly when half year results come out.

Any channel focused company that launches a website where they start selling directly but doesn't spend on advertising or SEO has clearly lost the plot and just pretending they are interested (or have the skill) to develop the business.

Amateur hour.

You've been warned. You are going to hold worthless bits of paper soon.

As you all do loads of research you will have noticed that instead of a single website ODX have two. One for investors/gamblers and one customer facing.

The REALLY interesting bit won't have passed your attention so it isn't worth mentioning. It raises a number of questions - none of which are positive. BUT it also enables everyone to do the math I did for you all back in April.

Go on, off you trot. You pretend to be investors but a non holder (me) knows more about the company than you do. No wonder you're carrying such huge losses. You deserve it.

OH MY WORD - I was only joking. Except - guess what? It is TRUE !

https://who.is/whois/cnsplc.com

Registered under the old company name as well.

Only paid for 2 years of domain ownership (guess who has squatted already for the lolz)

MX records still pointing at 123 reg servers.

This is peak ODX