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Great news and I expect this is just the start.
I expect a lot more going on behind the scenes.
For example We know we are due an update on the Afrik-ID partnership within the next few weeks imo,
The sporting arena is a very interesting area and scope for company to explore. We already have contracts within the sporting world, a few football clubs and a rugby club use one of the applications on the app.
Covid, although for obvious reasons a ‘hot topic’ of conversation right now, is not the only avenue for the company to explore and exceed in.
Brexit and it’s implications are literally around the corner. This could provide CTEA with some great opportunities.
The construction industry, for example, may have to digitally log all personnel on site.
Foreign workers, and I don’t just mean non residents of the U.K., may for example have to have a digital passport to work not only in the U.K. but internationally.
There may be legislation to record the details of all workers in the U.K. in the construction industry, and many others industries for example, and this information would need to be on blockchain technology which cannot be tampered with.
I believe this company is ready and primed and in the right place now at the right time to flourish from the opportunities presented due to Covid-19 and more so Brexit.
Holders today may well be in a company about to show significant growth !
I have also noticed a series of relatively decent size buys going through the past few weeks.
I am of the opinion SP should tick up naturally as we approach the period of expected news.
Covid will be with us for some time to come yet. The world can not stop, businesses will have to adapt and find solutions to work alongside Covid-19.
I believe CTEA have solution which will help businesses.
A positive update and I would expect the SP to fly.
We know news is due in regards to the Commercial Pilot agreement with Afrik-ID. The completion of the pilot is due at the end of October. I would hope therefore we should have an update by Mid November.
I would have liked a separate update in regards to the first commercial use of its Onsite ID app in partnership with its occupational health and wellness partner, Newcastle Premier Health Limited which was announced on 25th August. And we may still receive such an update.
I expect the team are busy in the background.
Hoping for the next update to be extremely positive with plenty of exciting content.
I sincerely hope the new Technology focussed management team think up some new innovative ways to market the company ........ maybe something along the lines of printing the Bigdish logo on some Pizza Boxes ;-)
Pleased to hear the Head of marketing left Bigdish in September. Once less wage. The chap clearly wasn’t very good hey Smithy ......... I still haven’t seen any leaflets being handed out on Brighton pier., The guy needed to go ;-)
Aidan & Co are guilty of underestimating the lack of intelligence the market has .......
Hence a need for clearer more detailed RNS’s.
The idea the company is 3 years on its journey, have just launched a brand new ‘Super App’, have the most restaurant partners on its platform it’s ever had, received a Letter of Intent for an investment of USD 5 million just two weeks ago to decide to scrap the whole idea and ‘try something else’ beggars belief !
I agree Bash communication from the company should be clearer. This would limited the opportunities some take to raise fear.
The company are not helping themselves in this respect.
An update in regards to last mile delivery partnership is due. I would like to see this update to the market by month end .......... we shall see.
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 !
Art Looking for a cheaper entry Jyee imo.
Why else would you post in the style he does.
Clearly not a shareholder, at present, so if not looking to become a shareholder why would you be bothered if the RNS was as terrible as he says and the company is going to go bust.
Art ........ no need to post to say you are here for the good of others. I expect most have heard that line many many times before. ;-)
The RNS also indicates to me the Tech for the Bigdish platform is all but complete and now the business is ready to grow.
The new ventures that sign agreements for the Tech are in effect working to grow the business for free. They will be striving to make a success of their own businesses, of which we are providing the Tech.
If they grow, we grow.
I would suggest some read the RNS more than once.
I am of the opinion Aidan has been asked to step aside of the ‘Bigdish’ side of the business by the HNWI who will be investing USD 5 million as they would like one of their own personnel involved to make sure their 5 million investment grows ...... who wouldn’t. Hence New non exc Director to be announced soon. Aidan, as stated in the RNS, is the largest shareholder and if this is a condition to secure the funding why wouldn’t he. He will benefit tremendously as the value of his Dish shares increases. He will remain in control of the Tech imo as when the company is ‘Re-named’ I expect to see Aidan listed as a director. Basically as a procurement of receiving the 5 million investment Aidan asked to step aside and let the investment company expand and grow Bigdish, and Aidan will grow the Tech business and venture into many other sectors. Some on here are not understanding the huge potential imo.
Decided to add a few more more this morning. Dish platform will continue to be progressed with the additional focus of supplying the Tech to numerous other companies. Tech, as most of us know, is an extremely hot sector. I am of the opinion this will grow at an exponential rate, and rather quickly. The Tech is clearly very good and can be modified to various different business models. Contracts expected to be signed in the next few weeks will give us a good insight into the new ventures the company will partner, and with no financial outlay ! Dish platform will continue to progress and funding for expansion, imo, is as close to a given as can possibly be. We could see the SP increase significantly here over the next 6 months, and I mean significantly !
Always a good sign when so many appear to ‘protect’ us from the investment we’ve made.
They are not here for their own gain, shorting or trying to pick up some cheaper shares to line their own pockets ........ Really they’re not, honest ! ;-)
Marketing ? ...... I’m sure Aidan & Co have never once considered this.
Maybe it’s a coincidence that the head of marketing from Yahoo joined the team fairly recently, and yet they’ve never once considered marketing themselves.
Geez, can you believe an investment company loaned Dish £540’000 a week or so ago and I bet they didn’t ask the questions you’re asking about marketing.
Unbelievable also how the HNWI who has signed a letter on intent to invest USD 5 million didn’t add martketing to the terms of conditions dependant upon the investment ......... unbelievable, how sloppy.
Can’t believe how some people make so much money and yet they don’t think of the simple things that you do ! ;-)
Ps, I still think leaflet dropping from Bournemouth pier was a fantastic idea !
Somebody just bagged a bargain imo ....... just shy of 1 million shares bought @ 1.70.
I feel the price being held to fill some large orders.
Price dramatically dropped last week on fear of a 2nd National Lockdown.
The news today stating growth in Coronavirus levelling off.
Therefore, no 2nd National Lockdown. On top of this we’ve had extremely positive news on funding and an update to let us know the App is progressing, with further news expected next week.
Shares are cheap, very cheap imo .....
This will bounce, and long before confirmation of further funding announced, imo.