RE: Would the real Slim Jeffries please stand up!20 Jul 2023 07:15
Nothing that Mr Jeffries says can be believed in any way shape or form. The man says one thing and then does quite the opposite. 15th May he says more information “shortly,” and 9 weeks later nothing. This year we were supposed to be around £50m in revenues….we’ll be in the region of a 10th of that if lucky. I’m trying to decide if he lies intentionally or just has no comprehension of his own ineptitude, either way it’s terrible news for shareholders. He has said himself he is an “ideas guy” and here he is running our company. We have no idea on revenues - although we know targets will be missed - we know we’re running on fumes, funded by a fire sale of company asserts that we have no idea what price we got for - we know he can’t attract investors - even existing ones with deep pockets - and there is zero communication and zero respect for shareholder. This company is probably valued somewhere in the region of £10m and therefore based on old money at around 1p and that’s being generous. 7 months on and no Asset match set up…and yet Mr CJ continues to receive a generous salary for ineptitude. What has happened here is nothing short of negligent. If this company was in any way deemed to be an asset, the vultures would be circling! The fact they aren’t speak volumes for the potential future of the company. On their own website they have arrogantly referred to LaunchMyCareer in the same breath as Netflix….really? There has been zero growth in the number of employees at LaunchMy Career when looking at their LinkedIn page stuck at 258, when at one time this number was increasing significantly daily. I look forward to Chris Jeffries next RNS.
Difficult year.
Delighted with progress.
Restructure almost complete.
Revenues slightly down but they will be great next year.
Cost saving plans are working well.
Asset Match will be up and running shortly (there’s that word again - might be worth us all sending him a dictionary)
I thank shareholders for their patience!
We could actually have a game of RNS bingo with Mr Jeffries words! Shame on him!
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