Member Info for BobbyAxlerod

Let’s hope for positive news and movement tomorrow

I think we might see a good bump, depending of course on progress in CVA.

The issuer is the company, in this case RBG.

Thanks,

Bob

Without the TR1 the bod would be blind to who was buying the shares - most companies don't know who their shareholders are without doing a relatively expensive exercise and it's a historic look.

That's a good point well made. I noticed the disparity and wondered whether that was a strategy or just bad organisation.

Thanks for your thought - That doesn’t sound unrealistic and makes sense.

Will take a further look.

Bobby

Definitely something interesting going on.

If it’s a takeover bid what do you reckon the takeout price will be?

Company is now revenue generating and from September to October almost doubled its AUM, or increased by over 75% if you want to be more specific.

The other key bit for me is the ‘build upon’ piece which was slightly hidden.

I read it as... when they do an investor pitch, the investor says - that sounds great but my internal investing rules mean that I can only invest 5% of the fund size. So if AUM is 10m GBP they could only invest 500k gbp. If the fund is 20m Gbp they could invest £1m... if it was £200m gbp they could invest £10m. Etc

I’ve had this when building a company before, clients didn’t want to account for any more than 10% of revenue. That meant that in the first couple of years we could only win small contracts then it snowballed from there. The first few million are usually the hardest.

I thought the update showed that momentum was building, I’ve not thought that before.

Great that the websites look a lot better, god knows how they could sell anything with how the company was presented before. Looks like an updated logo as well, the old one is still on their Twitter and it looks dated.

All in my opinion of course, be interesting to see how the sp reacts. I’m going to top up later.

Sounded positive and relatively confident on warehousing as well.

Giles - What were your thoughts as a TR1 holder?

A hefty buy late yesterday, someone is confident.

Doing a £30k presentation (and it’s closer to £3k) obviously won’t push the sp back up. The market has already been shocked by the immaturity of the board and management team, no capable team would have approved such a presentation

I'm sure Gerry would have liked the £50m to be his network worth, selling a company for that amount (with debt and lots of shareholders) is different from proceeds - it's always worded very carefully.

Not knocking, great achievement and one that most people never get close to, although taking this into consideration you would have thought they'd at least have a few grand to spend on doing a decent video. Instead they save "£30k" and wipe 50% from the mcap. Nicely played.

I think it's the lack of credibility that is a major issue.

The presentation was poorly thought through and presented - would have expected more from 1st year University students.

No

That's a hell of a sell.

What’s the point of having f@@k you money, if you never say f@@k you?

AxeCapital - Wags? Is that you?

What have I told you about not posting when you’ve had 8 lines of devil dust?

The news is a secret! I know these good people of the LSE are sane and normal but you can’t give out insider information.

I’m asking Wendy to see you first thing tomorrow.

Hello,

Yes - that’s exactly what happened. Helium realised that they were going to make far too much money, they did the same with Facebook.

Not too many people know the story, however, when Facebook was just starting out a young Mark Z didn’t have too much cash. Often he would go hungry, one day the guys who owned the L Tosh Fish and Chip shop near Zucks dormitory notices a rather emancipated Zuckerberg. The owner (think his first name was Loadsa or something, common name in Lithuania) ask Zucks if he was ok - Mark explained that he was building the worlds greatest social media platform but was so poor he couldn’t afford to eat.

Loadsa was moved to tears - whilst he didn’t think that this thin student would amount to much he remembered back to when he was a poor and hungry immigrant.. with a tear in his eye, he offered Mark £1000 for 10% of What would become Facebook - although he said that his investment philosophy meant that he would never hold an investment once it reached a valuation of £50m.

Zucks was over the moon - he agreed a deal that valued Facebook at £25m (pre-money) and gave this immigrant purveyor of fried food a 10% share.

Weeks later and user numbers were growing exponentially, Mark couldn’t believe it - he took some advice from Goldman Sachs and they told him that FB was now worth £50m.

Mr Tosh couldn’t believe it - within weeks he had made £25k, that would allow him to buy a new chip fat fryer and also pay for some liposuction for his wife.

Anyway, to cut a long story short - he ended up selling his fish and chip shop and started the company we now know of today as Helium Rising Stars - due to his success with Mark and Facebook, he has never kept a company whose mcap goes over £50m.

I think this gives us two great life lessons -

- always take a profit.
- never believe anything in the internet.

Bob

Pilgrim - I can’t really tell whether you are calling me an idiot, your badly worded sentence seems to suggest this.

The populace has spoken, they appear to agree that the presentation was poor.

Have a nice day.

Who the hell signed off on that presentation and thought it was good?

Criminally poorly presented - the product looks good - but they’re credibility has been shot to pieces.

They’ve done the hard work and failed on the easy stuff.

Disappointing.

Totally agree Steve, just fantasists and rampers.