Member Info for BigDano

A lot of private money gone into Symba over the years. A heavy hitting chairman now on board...

https://news.sky.com/story/simba-nightmare-as-mattress-start-ups-value-crashes-to-20m-11634680

Overdue an announcement, something may be brewing with the upswing in buying..

Thank christ!. I invested here quite a while back and put them in the bottom drawer. This hopefully will be the start of a strong recover of the SP with hopefully more successful drills.

Looks like a lot of new products added to the website..

That's not an accurate statement. Revenue recognition was 44k for one month the contract was for 12 months. The bonus was based on signing that first commercial deal which wasn't declared but one could possibly deduce that its 12*44k. Now that deal has being extended by a further 6 months and it now covers GAIN's. A commercial deal is a major step forward for a company at this stage of its journey and it's not about the revenue but proves that the products are commercially viable. That's where the upside is and paying out such a bonus is the norm for signing with such a large pharma. Looking forward to the interm results. GLA.

They both got 32% of their annual salary that's in no terms a large bonus as you put it ...

https://pharmaphorum.com/news/novo-extends-rd-alliance-with-ai-specialist-e-therapeutics/

@Thunder what bonus amount was paid out? I don't think you can link this to just 50k. That was the recognised revenue for 1 month not the 18 month contract. Also the partnership is of course worth far more than the monetary amount as it helps prove the tech and aids sales for other opportunities. Nothing helps pipeline sale opportunities to close than a successful reference. The bonus was probably worth every penny and more in that context.

What's going on with this share?. Results are going to show yet more increased profits and a share buy back likely yet the SP continues to fall..

I'm based in Ireland and the distribution was 5 stars. Will put a positive review on Trustpilot.

I have noticed that after googling for mattresses before I purchased that Emma google ads come up on every page I visit...they obviously invest alot in internet advertising...

Interesting to see Novos new global research centre is based in Oxford....
https://www.novonordisk.com/research-and-development/our-therapy-areas/type-2-diabetes.html

Looks like a lot more buys than sells today and the share price still went down?.

Great to see, pity no mention on commercials. One can only assume it's along the lines of extending the rate ageed where 44k was declared in last years results or it's an increased rate but either way it's a positive collaboration.

I'm in... certainly seems undervalued..

A heatwave can only help for sure..

I see this article has been syndicated across a number of regional news agencies across the UK...

https://www.liverpoolecho.co.uk/whats-on/shopping/new-mattress-keeps-you-cool-16637534

Will do, depending on the experience I'll share feedback with the company too. They should have a direct debit option too for customers as not everyone is going to be able to afford a purchase of over 500 in one go.

Well I can confirm we will have at least one sale this quarter as I just purchased a king size.

Maybe the shareprice will increase in the morning :)

MporiumX pumping out £1m revenue per week - looks like new rules on revenue recognition that resulted in this.. looks rather misleading..

Glad you enjoyed it hoplesstrader. Was it busy?.