Member Info for CLSKBull

I don't think it's priced to go bust, but at the same time is $370mil a fair valuation for the company? Or still overvalued? Who knows as the company isn't giving us anything to value it by. However as we have around £7mil in debt, if the share price goes down to $7.50 then wcap is effectively worth near 0 as the debt would be as high as the holdings value.

Well the valuation gap is closing, but not in the way any of us hoped for. Really we need WeShop to start indicating some sort of viability/potential via news release. Adding retailers is fine, but you need people using the app in order to get any revenue and an investment case. I've mentally written this off to some degree, but hope that it it somehow rises from the ashes phoenix style. Doesn't help with Trump killing the markets.

The weshop price matters a lot, as it's the whole investment case here. However as we've seen 20% up or down daily moves on wshp are normal.

This isn't one for the nervous. 45% move on no news, crazy stuff. Welcome to the rodeo

For context, less than 1% of the issued shares were traded yesterday (granted a higher % of the free float tradeable on NASDAQ due to 12 month lockups). A 45% move off less than 1% of shares traded is insane and never ceases to amaze me how markets work in this way.

Hopefully WSHP issues some good news at some point and we get the benefit of this the other way around.

Yep until some news from either company this just drifts. I'm sure we'll be back for another innings soon enough.

Would expect them to start on the influencer route to get some numbers and income before any general advertising, and don't underestimate these influencers, I'd argue they are a better option.

Additionally if they start to earn any stake in the company some would likely start promoting investing in the company, up to November if any of these things happen it could move fast as there's next to no tradeable shares. After Nov that small float changes.

The partnerships are great and required, but the way WeShop moves is by the US consumers starting to use WeShop app, and it seems the business model of getting social media influencers to promote is both cost effective and ends up with results.

I'm very happy to hold here even if both share prices are currently not great.

Newuncle, WCAP currently holds £35 mil of WSHP shares, with £7 mil of debt that has previously been extended, and £4mil mcap. The loan is an issue, and is priced in, however if WSHP continues current trajectory of downwards then it's bad news for everyone, that's why I see WSHP price as the biggest factor here. Conversely, if WSHP ran back up to $100 as it was not long ago, then a third party could easily justify a £7mil loan to pay off the DCB loan and take a forward looking bet.

Weshop seem to be doing the right thing, getting retailers on board, but really we need to see the influencer push in the US and some sales going through to get this all moving again.

Let's say for a minute that Hawk calls in the loan. WCAP has no funds to pay it, so what happens? You're assuming they take the whole company. But they have 1.295mil shares that have a publicly available market price of $37.41 each. Maybe they argue that we'll give you 260k of our WSHP shares to settle the loan. But they can't sell until Nov. So what happens there? An extended court case?

This is certainly not without risk. It's high risk for sure, but if the tide changes then there's potential for very high multibag reward. I would certainly agree that you should not be investing money you could not afford to lose on this as it could go in any direction. Not your typical investment.

To me the loan is secondary to WSHP performance (which has been weak lately, but so have the markets so entirely justified). I'd expect a quarterly or annual report for year ending 31 Dec, but not sure if they are exempt as a new listing. But perhaps something comes up soon.

For anyone that doesn't have this already you can check WSHP filings here:

https://www.sec.gov/edgar/search/#/ciks=0002048271

Second level news releases can be seen here - they are actively doing stuff so that's all fine:

https://investors.we.shop/news-and-events/press-releases

Their X account is below (not so active):

https://x.com/WeShopSocial

Yesterday was a very red day on the US markets, so WSHP performed well to close up.

The price action controls sentiment, when it goes up everyone wants it, when it goes down everyone panics. Any half serious investor knows there two factors here:

1. Extension of the loan by May (or alternative financing)

2. WSHP share price/company news flow.

Risk reward profile is excellent here, but it requires positive movement on each of the above to get the multiples we're all looking for. Of course it could not work out for some reason, that's the risk we take. But certainly a great rr profile in my eyes.

Agree that alt season seems like a fantasy at the moment. Will the new fed chair get things going? Or will it keep drifting into oblivion?

I had looked into the hawk stuff as well, suspect they are related but couldn't find concrete proof. I personally think they'll extend the loan and don't see this as a big deal, other than having to wait I'd like to see some action on the other side though, wshp, which would be as big a driver as the loan being extended imo

Ken it's Aquis, not AIM. Both this and WSHP move large %'s on tiny volumes so wouldn't worry so much about these moves, they mean nothing until news released by either company.

There's not many that like Mara these days. Fred is probably Peter Wall's cousin. Total fraud but with more success on the self enrichment front. Many of the long term Mara holders want him sacked. Think it will continue to perform poorly.

Welcome aboard! I think you've probably got very good timing with some sort of alt season looking more probable. Plus we're well below asset value so seems a no brainer.

I don't know who maintains this but I understand it to be accurate:

https://cointracking.info/portfolio/KR1ListedHoldings

There's a tiny X group. Probably a telegram somewhere I don't know.

https://x.com/i/communities/1967850277803024724

Notes 12,13 and 20 of the H1 report give detail of upcoming dates/releases etc. Note 20 (Post Balance Sheet Events) mentions Tanssi Network that you mention.

https://wp-kr1-2021.s3.eu-west-2.amazonaws.com/media/2025/09/KR1-plc-Interim-Report-HY25_final_web-v3-pdf-version.pdf

Chicken guy, I'll be honest I haven't used the app, but let's say it is just a dressed up cash back affiliate like Quidco/TopCashback. If so, that's all good:

1. It is a proven model.

2. It will generate decent revenue and they are expanding into the US.

3. Users will want to see the share price increase and might even buy shares themselves.

4. Marketing via youtubers is fine, all companies do this, not sure of your issue.

5. The share back is unique and could create interest in the company.

6. The big one - instead of the cashback being paid to the consumer, it would presumably be paid to the company, and would therefore have substantially higher revenue than Quidco/etc.

Maybe more informed people than yourself or I can add comment on the business model, as it seems you don't really know - and I don't either for that sake. I'm here for the multiples or spectacular failure if it all goes wrong. Risk reward profile is very good.

You can get level 2 on advfn. Doesn't really tell you a lot but perhaps what you are looking for?

https://uk.advfn.com/common/level2?symbol=AQSE%5EWCAP

Para yeah hasn't been great. Wondering if I've chosen a dud here. But will let it run.