RE: Walk before you run13 Oct 2020 22:27
Some very unintelligent conversation / posts here again today.
For those who do look further than the end of their nose and post sensible meaningful posts / genuine thoughts please take a read of the following paragraph.
This paragraph was part of an RNS on the 28th Sept, just two weeks ago. ........
I may be completely wrong but seems to me the HNWI WILL be investing the USD 5 million and is involved already in the company to some degree of capacity ....... (behind the scenes)
‘If successful, the Special Purpose Vehicle (SPV), would be the recipient of the USD 5 million of funding. The SPV would be a separately incorporated company that would operate the BigDish platform in certain international markets. BigDish would own 80% of the SPV. This provides an exciting opportunity to create significant value without being dilutive to shareholders’
Interesting how just 2 weeks after that RNS, ie yesterday’s RNS, informs us a ‘separately incorporated company’ (venture builder) will be formed.. Interestingly this new incorporated company would operate the Bigdish platform .......... now I wonder who that would be!
Post’s today making noise about Aidan ‘stepping down’ were designed to concern and cause worry imo. They do not mention the statement that Aidan is the largest shareholder which was stated in the RNS, for deliberate reason imo. He will remain very much in control, along with the investor of the USD 5 million.
Numerous companies have Managing Directors who run the day to day of a business for the founder and the largest shareholder ....... does not mean there is cause for concern.
I believe Aidan and the investor of the USD 5 million are working closely together. The funding will come, the investors own man will run the day to day ‘Bigdish’ platform to expand into international markets. Aidan will run the Tech behind the Bigdish platform, with the addition of the new companies we will partner with which we should learn about in the next few weeks, as well as looking for new Tech opportunities.
Bigdish / Bigdish -To- Go is not being dropped, far from it imo. I would like to think there would be a further update in the very near future in regards to the dining sector, particularly the last mile delivery partnership which we are still to hear about ..........
Knee jerk reactions have caused people to sell and lowered the SP. ....... Statements such as ‘the market doesn’t like it’ are nonsense. We are the market !
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