Member Info for bloch

Washer The 400 million shares was not a factually figure and I never said it was. I was merely highlighting the type of liquidity required to raise funds at a price acceptable to penny share punters like yourselves. If there are only 50 million shares in issue and 40% of them are owned by MT that only leaves 30 million shares in free float. You can't make a market or raise funds with such few shares.

50 million shares at 8p there is no liquiditiy for the shares to be traded. Multiply that by a factor of 8 and you get 400 million shares at 1p. That is is the dilution that BGL are aiming for. 400 million shares provides a decent amount of liquidity for an AIM stock not 50 million. Speak Later

MilkyWay/Washer You both fail to understand what the consolidation is about. From 15 billion to only 50 million is a huge drop in the number of shares in circulation. A similar drop will take place in the number of shares you hold. If you are holding 50 milloin today you will only be holding 18382 on consolidatoin. The purpose of the consolidation is not to create a shortage of stock so the shares race higher when BGL announce contracts. The purpose of the consolidatoin is to give plenty of leeway to raise much needed working capital by way of dilutions and discounted shares. Those of you who have bothered to read the admin doc would be aware that there is dilution to come for several reasons. DJFT are owed money. Capressi are owed money. The RTO is stil to be paid for. BGL will list with no revenues and net liabilites. Few shares do not mean better shares. What is best one lump of warm dog turd on street or four lumps of warm dog turd on street. The smell is the exactly. same.

People do need to be extremely careful with this stock. Given the parlous state of the finances of both companies the shareprice halving since relisting the RTO is still not a given. This has the hallmark of NEW, SER, MTV and all the other microcap shares booted off the AIM recently. If you have next to nothing left in here you may as well hold. But if you're considering putting in fresh money you really need to think carefully.

Hayitsu1978 The patents are worthless and I mean totally worthless. Why do you think they can be filed one week and granted the next. Any software patents of any commercial value are challenged globally. Furthermore I do not believe BOS are not patenting software its only names and applications. Bit like me patenting the name Block0910 as an application.

Wait until Darwin has gone I repeatedly read. The next step up from here is to ask why are Darwin going when they are only weeks away from multibagging their 0.0043p shares. What do you guys know that they don't.

Darwin is not the issue here. Their conversion shares have already been factored into the Admin Doc. If you read the RNS they have only converted 2.26 billion shares. Since Friday about 10 billion have been traded. Told you all before MM are forward selling non existent shares to you all and will continue to do so whilst you all scream yummy yummy and multibagger from these low prices.

LEJOGB440 - "That's why we are all better traders than Bloch." The only sensible thing you've said since the suspension..

Washer - " this is the direction FTE has taken and I support it fully. " Well how can you not support it fully? If you've invested 6k in FTE then as of yesterday you've probably lost 5,995 of it. Its not FTE you support or its move into FinTech. What you are after is your money back. Here's a simple experiment. You are reimbursed with you 6k and extra funds you invested in the RTO. Given what you know about BGL would you plow all your money back into FTE/BGL Of course the answer is a big fat NO. Washer - "It will take products and contracts to succeed not just small investors like me, this I believe will be disclosed by year end" Firstly you are not a small investor. If you are plunging thousands into a company that has a market cap of only 600k you are a big investor. Contracts are not like lottery tickets where anybody can win. If you had read the admin doc you will know that BGL is at a pre-revenue stage. That means at the time of the listing it is not generating any revenue. If you knew anything about timelines for untested and untried software BGL is a good two years away from signing any commercial contracts. And that is assuming what they have does not become obsolete. Open your eyes Washer. FTE/BGL is the second coming of the MR gravy train.

Someone asked earlier if I knew so much about investment why am I stacking shelves in Tescos. The answer to that question is simple. I only understood what was going with hindsight. I only understood what was going on after I'd lost all my money. When I had it I was as starry eyed as you guys. The last thing I want to see is any of you bright young people ending up as a penniless old man like me. Right I'm off to bed now I have to be at the warehouse for 09:00 sharp tomorrow morning. (I'm on my second warning for lateness).

Washer - " I invested �6K in FTE a while back " Again proving my point you are not invested because of BGL. Washer - "I have further increased my holding into the 10's of millions in order to make money" Wrong. What you're doing is psychologically washing (excuse the pub) away the disastrous investment in FTE by drowing yourself in even more shares. Its called averaging down. There are other FinTech companies out there but you chose FTE/BGL because you are already emotionally tied to FTE. Washer - "You do not believe money can be made here from a mid term investment that's fine but it would not have got this far unless FTE/ BGL showed the RTO was capable of suceeding" The RTO is only capable of succeeding so long as investors like you continue to chase previous losses by purchasing ten of millions more of these little bacterium.

Washer - " I do hope it reflexs sentiment towards BGL as that's why we are here" You are not here because of BGL. Literally nothing was known about BGL before the admin doc. Since the publication of the admin doc still nothing is known about BGL other than it is as penniless as FTE. The reason you and everybody else is here is because there is the opportunity to acquire tens of millions of shares for a small outlay.

Couple of points 1. The RTO has not gone through yet so BGL are not listed and therefore cannot issue news through the RNS service. 2. I said before the Admin Doc must be accurate at the time of voting and listing. So FTE cannot announce a 10 year contract with Serco in between now and 31/08/2016 as the admin doc will need to be rewritten. 3. There is NPV (No Par Value) on the shares so the MM can issue shares at any level. 4. If Darwin have an exercise price of 0.0045 where are all the shares coming from to purchase tens of millions at 0.004p. Told you all before shares are being forward sold by the MM. The lower the share price the more tasty they become to PIs and the more the MM issue. Because there is no NPV there is no floor to the share price. 5. When consolidation takes place it will reflect sentiment towards the new company not the price BGL set. The admin doc has been read by everybody and sentiment is being shown through the further collapse of FTE share price. 6. Its not too late for the regulators to step in and stop this pantomime. Speak Later.

Hi KNIGELK Sorry to hear about your losses in this stock as well. To have one share get delisted is unfortunate but to have two is share carelessness.