Member Info for BringMyReward

Yeah, onto the next one now...

"Hello All, Yes, I am back from the dead.......... and yes, I am still invested in BMR........ Spread the word (without getting banned from the various discussion boards!), BMR Watch is waking up and wants shareholders help to try and protect all those invested. It really is time that Shareholders hold directors to account and if necessary, force directors to act in the best interest of shareholders as opposed to themselves. Apathy kills your investment. Doing nothing kills your investment. Listening to detractors kills your investment. Participation in BMR Watch may help protect your investment. What are you going to do? Nothing? Or the right thing? Visit www dot bmrwatch dot shutterfly dot com Shareholders should.... no..... need to hold directors to account. After all, they work for us! Don't be naive and assume directors act in shareholders interest. They don't, especially on AIM. With little involvement or effort, we shareholders can collectively ensure that directors act in our interests and not their own."

Yeah it would have been best to get out first thing, just like the rampers no doubt did. You're a darling Troa lol

Yeah that would be nice. Hopefully it won't be long before we are back to those levels, considering the warrants at 5p and all that.

bjlabuk, I was first told that the investors would subscribe at 3p once the JV was signed. After that happened I was told it would be after the plans were approved by BMR/JLP. Although the placing is at a 50%+ premium to our last recorded buy, as Klueloss pointed out, the last placing we had was effectively at 2.9p, so it makes sense to make it slightly higher. AB won't be putting anymore money in which is a little disappointing, but we have the likes of CB and LC who might buy some in the future. As we know CB already owns around 2.5m shares in BMR.

You was right about BBSN, went up first thing now about 40% down. That rise was never going to be sustained, not with that RNS!

Good old rampers. I'm Just waiting for the day they arrive on the BMR board lol.

Yeah, can deffo see a big pull back happening. It's not really major news in terms of revenue and last I looked they were losing money. I'd rather be in here long term if I was to choose between the two.

Doesn't sound great. I'm gutted that I put so much in here and I need more than a 100% rise to get back to break even. I could have put the money to much better use. I just wonder if I'll end up selling up at a loss.

I never actually thought BBSN would do very well. I'm beginning to wish ZIN bought BBSN when they had the chance. Maybe then we wouldn't be stuck below half a pence! Agreed, we need to be told what's going off. Have you spoken to David recently?

Anyone see the BBSN SP today? Up over 350% for what reason? Pretty sure it's not making any profits. Hopefully we'll have a similar rise one day...

That was kind of my point. Both companies need each other to see it through.

BMR and JLP have very similar 52 week high SP's... JLP: 5.03p - 24th May 2017 BMR: 5.13p - 31st Aug 2017 I reckon we will be well above 5p before end of August 2018.

It'll be something along the lines of... JLP won't build the plant in time and the licence will be lost. Could you imagine if we were 5 days late starting production and the ZG tells us it's over and they are taking the licence lol. I very much doubt that will happen. I think they know that BMR and JLP are the right combination to get this project going. They are slowly running out of deramping material lol

Give it a couple of weeks and Paddy will be back lol

"my concern is that JLP / BMR have not yet begun construction. Certainly not in any meaningful way. Why?" According to LC, prep work for the site has already begun. Yes, actual building may not be taking place but they have until July 3rd (within three months of 3rd April 2018) to commence construction. We are just past mid-May so have plenty of time. See below from RNS May 2nd from JLP. "Our agreement with BMR calls for the final business and execution plan to be approved by the 15th of June 2018. We will continue with site preparation work and confirming equipment specifications during this time. The Jubilee team is ready to commence with the execution of the project on behalf of BMR."

Just out of curiosity, in your view, how would the JV fail and why?

Maybe, but had we got involved after we found out the ACI deal was going nowhere, I wonder if we could have made much of a difference. We were fairly cash strapped and needed funding and a team that were capable of building a plant; enter JLP. I think the warning signs were there when ACI had not come up with any money back in Feb/March 2017, but we all probably assumed the money would come or we would get a decent deal in place. Regarding the the build dates consistently being pushed back to allow management to keep taking money. If anything it would benefit them more to have gotten the plant built sooner. AB owns shares and has options so stands to make good money if this becomes a success, and he would still be working for BMR for as long as he wanted, so I don't believe it's down to that, just more that we have had a team that is incapable of getting us there.

I caught up with cruises from hell today, a very good production and primetime slot. I believe they also made train journeys from hell which might have already aired this week.

I miss Jeremy Hawke.