Member Info for clauski

Not entirely sure the auditors refusal to give an opinion on the financial statements due to the severity of the going concern risk is not new news but each to their own! GLA if still in

The note is in the full report linked in the RNS. Sadly it’s not good reading and I’ve chosen to cut my losses and sell - feels like a fight for survival for the next 12 months so can’t see how there will be positive news amongst it to push the share price up.

Sounds positive to me. The core risk has been whether anything at all was actually happening or if it was all a sham. It may have evolved in form and taken longer than anticipated but this shows the business idea is there and is progressing. Bring it on!

So if I’m correct: £500k revenue. £12m loss. £1.2 net liabilities but made up (pun intended) of £8m intangible assets that offset £8.6m of very real liabilities. Previous intangibles values such as the original inventory monetisation platform already being impaired. Some very real revenue needed quickly (not sure long commentary suggests this) or big trouble ahead.

This, ie:

I doubt there will be any news, if there is, its likely to be

a) Bad

b) Very bad

c) Disastrous

Or most likely

D) Catastrophic

This

Serious loss of capital is what I appear to have. Where next for this?

It’s been a while since I’ve checked in here, given how devalued by holding is. Looks like this RNS will take things lower still. My question is what, if anything, is on the horizon of a positive nature to bring confidence this can turn around? Let us know so we can cheer ourselves up on this one!

Do we really need a Nasdaq listing at this stage though? Wouldn’t it be best to devote time to creating a proven, viable, active business model first?

Not CFO at BoE, just a lower level accountant with chief in the title. Think senior financial accountant rather than CFO!

Not evaluating resubmission. Evaluating whether to update on the status of restoration . IMO because it is not too far away the debate being whether to update on the delay or just wait for it happen.

Think the Sharetalk tease is #GDR - note one of the replies they chose to retweet saying keep up the good work, from a clear #GDR investor. Still, I’m sure our day will come.

I’m sure the due diligence of potential funders is not based upon the share price or trading position. It’s very difficult for us to know what is happening or not and whether the business is progressing as planned while we are suspended. But taking emotion out of it restoration is not always a swift process (as an FCA email someone posted stated) and we know this is a complex business and history. The SYME reply that said they are evaluating whether to update suggests to me they are waiting for the restoration first if possible but will have to eventually update if this is not imminent. The fact they are considering this aspect to me I hope means they think the restoration could indeed be imminent.

The 40% will be issued in ADSs / traded on Nasdaq. This is a huge step for the company. I foresee our AIM listed shares continue to grow in value as the US market sees the potential of 4D and as those Nasdaq shares multiply in value quickly, so ours will follow.

What would be really nice would be a business update on how they are progressing with all the things that have since been overshadowed by the listing issue. If the suspension hadn’t happened we would be crying out for news now and this in itself would build the confidence we need, regardless of the suspension delay.

Oops. My mistake it was the interims they published on day of relist. So let’s hope it remains a time and publication thing.

Don’t think that’s it unfortunately. Lookers much talked about on here re their speed of realist and their accounts aren’t on companies house yet. Need some news here, the company must have had further discussion with FCA since last week to understand delay.

Don’t think that’s it unfortunately. Lookers much talked about on here re their speed of realist and their accounts aren’t on companies house yet. Need some news here, the company must have had further discussion with FCA since last week to understand delay.

At last some news!

And without showing as filed at companies house either. So what IS the reason for delay?