Member Info for Bennster

any thoughts?

2 of the best posts on this board for some time Suedee.
Fair play and let's see what Monday brings. Peace & out.

"I believe that trying to get fellow investors to sell so that you can benefit is about as low as a person can ever sink."

Nobody here is doing that - this debate is about balance and facing the poor actual performance of our investment, not simply viewing the company with rose tinted glasses.
I happen to believe that hyping the value of an investment to offload on a spike is about as low as a person can ever sink. I hope you aren't in that category? If you have a tiny shareholding then why the essays on a Sunday morning?

bang bang bang indeed MB10.

Would love to keep picking your position apart but you are clearly never going to answer the two questions below and I have better things to do with my day now the family is up and about.

"And anyone reading my posts can read that it’s specifically about profit"
err, no.
It's specifically about revenue.... why do you struggle so with such basic financial ideas? I suggest you do some basic accounting course.
In the mean time please show me where LVCG has made any profit distributable to shareholders.
Then please explain your stance below on mezzanine finance.

Personally I'd be embarrassed to not understand a simple point.....

“Revenue is Vanity, Profit is Sanity and Cash is King” – Alan Miltz

I'm stimulating reasonable debate. Your latest post is about...wait for it.... revenue!!
In the mean time please show me where LVCG has made any profit distributable to shareholders.
Then please explain your stance below on mezzanine finance.
The issue here is that you want to peddle a narrative that LVCG is a bargain and we should all agree with you. I am calling that out as the share price in the last week/month/year doesn't bear that out. Disagreeing with you is not "drowning out" reasonable debate - quite the opposite!
I have never posted false information about company structures - you are bang out of order now.

report away - nothing wrong with my post.

In the mean time I like the fact you found 3 recommendations between 07:30 and 08:30 on a Sunday Morning!!!
Fascinating.

"If the company turns a corner and makes a profit, then everyone will benefit, except of course those who only have a fantasy shareholding ;-)"

Says MB10

"Can’t say I’m happy with the latest development. But I vowed never to be involved with a company that did business with a mezzanine finance provider. No matter how good the prospects, they have over 5 million shares at 1p to dump plus death spiral finance arrangements for even more (its a no lose scenarios for them). While the share price might recover some (and it’s an even more rediculous market cap vs the price) I won’t touch them again until the death spiral finance provider has gone again. Although Sarah assured me earlier that this is just a short term loan, the sad fact is they issued shares at 1p, and the last time they said they wouldn’t enact the death spiral, they ended up doing exactly that. If it’s any consolation I’ve taken a massive loss."

Posted by your real troll MB10 just a month ago

MB10 - your attacks on anybody who wants to talk about the reality of LVCG's actual results is two-faced.
The reality is exactly what you know but don't want to accept (other than above). Cash is a massive issue for the company, profit is still non-existent and all RNS treat revenue as vanity.
All of us who are bitten and underwater here want to see a recovery and success - but we want to see the hard evidence of a new reality, not more fantasy like 2022, when you posted the same carp.

"Bennster the company needs to make a profit before it can issue a dividend."

Indeed, hence my post.... it infers that a profit is required first ;-)

Still banging on about revenue though. Put those figures into a calculation means nothing because we have no idea of related costs down to the bottom line.
I saw where that got us last year.
Let’s just stop banging that particular drum and wait for a dividend…it’ll make this message board a lot quieter ;-)

K3VMC - 20 months is close to call.
FAB Books was a related party - sold out from Jan to Mar 22.
TB had about 25% of the shares in BRH when the supernormal divi was paid out (2021 I recall?) he then sold into the big spike that followed. Technically that might be more than 20 months but only just!!

Let's be clear on Trevor's situation
He may be underwater on paper on his current shareholding, don't know how many he's picked up at what price.
He is NOT underwater on his investment in BRH. He has bought and sold over recent years at big profits and received his pay/dividends.
IMHO TB's shareholding now is about control, not simply market value. He can cast a decisive vote on whatever resolutions he wishes via AGM/EGM with the holding he has. We saw last year his response to getting a NO on a general meeting vote - he bought a few more shares and then got a yes second time around.

In the mean time the RNS tumbleweed will continue until Phasefocus offers any chance of a return, or on the off chance that something happens with Aukett or CMH.
CX300 has returned nothing, the whole COVID debacle brought only hype and speculation and at the last results was carried on the balance sheet at less than £300k if I recall correctly.

I think the current SP is still slightly higher than net book value on a company that makes no money - there's absolutely no chance this re-rates unless there's another hype spike like a Zak Mir chart - and quite honestly that's what almost all of us are looking to escape on.

It appears somebody else is "selling out".
If I had 5.6M shares at 1p a pop I would too.
I await an RNS with interest

You have quite a history for mixing posters up, you’ve done it twice to me before and had to backtrack. It’s getting stupid.
There’s no deflection going on. I’ve held here for 15 months, have realised my stupidity and seek an exit. I am honest about the situation here at LVCG which you hate.
You are the one who posted you’d had enough and sold out for a loss just a month ago. Who is trolling now?

Revenue is vanity, profit is sanity, cash is king.
Judge LVCG accordingly if you’re capable ;-)

Wake up MB10
I have posted nothing libellous or had anything as such deleted.
I don’t suit your ramp agenda, which is not a source of any worry to me.
Like many others I view my investments with open eyes, which means I see the reasons for the rubbish market cap and share price. Sorry if the truth hurts you.
I’ll be positive when or if there’s something material to be positive about.

Revenue is vanity, profit is sanity, cash is king.
Judge LVCG accordingly right now

The RNS uses the word "principally" when describing the £200,000 revenue from the event so if there's anything else coming in it'll be well less than that.
Obviously we're in the dark as to how much of that has already gone in costs and expenses.
To use a famous quote you used yourself Simples:
“Revenue is Vanity, Profit is Sanity and Cash is King” – Alan Miltz

Exactly what I thought when I read that RNS Monteacute.
DC flushed with a fab weekend, just a shame selfies is the most we can hope for from the event.

So apt. LVCG so good at advertising and hyping revenue……
Let’s review profit, and by that I mean that which reaches shareholders.

Sorry to see that Rio - I didn't see anything that was unreasonable in it, but it doesn't surprise me that anything that doesn't fit certain narratives gets smothered.

post of the week sir.

Euston - do not feed the troll.

LVCG frittered away millions of shares at 1p earlier this month because they had no cash.
LVCG can't hold on to a CFO for more than a few months
LVCG continue to promise much and deliver dilution and shareholder losses.
Genuine question - What were you expecting?