RE: Myles buying more5 Jul 2020 22:49
Hi GenerationZKid
The fact that Myles is buying is great and the same for our TR1 holder Mark increasing his stake too. Both, incidentally have spoken to the company directly and said they liked what they saw. Also, both are approachable people. But putting them aside a lot of the points you made are valid regarding the previous history of the company and this is why a few investors here are not happy, which is understandable but there are some of us that see a climb from here.
This is hopefully the start of a turnaround. The old board has gone and the troublesome members moved on. It is a recovery or turnaround story and one where we have a fighting chance now. The current price is low which is good for new investors and the fact it is starting to turn up is promising for those in too.
* Fully Funded for 2020
* New Board with shareholder aligned interests as they taking deferred salaries in the form of shares, which are not issued until 2021
* 2 door opening contracts already signed during this difficult period
* More contracts in the pipeline mentioned
* Currently able to buy at a big discount to the recent placing price .30
* TR1 holder building stake
* Other high profile social media holders of the stock
* Lots of retail on the sidelines waiting to see the company develop
* Richard Brinkman appointed to accelerate growth as business development director
* Company are engaging with both existing and potential new clients
"Despite the disruption caused by the effects of the Covid-19 pandemic, we have continued to engage with both existing and potential new clients. We have issued initial invoices for the Streams service and, in addition to the two new contracts announced today, expect to sign further contracts in the coming months."
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