Member Info for Colenal

Sorry, no, someone else may have the answer, I just hope it doesn't start with 'probably, possibly or I expect.'

A couple of interesting stories of late. Firstly the damage that AI and it's speed are doing to the software sector. Given that AI is mainly about speed and efficiency, and that most seem to have been attracted to this because of it's AI connections it does seem strange that there is such a lack of both speed and efficiency here. Secondly it appears that AI is already having it's wings clipped in America, several states restricting the build out of data centres due to electricity demand and the effects on pricing, no mention yet of the water requirement issue, but I expect that will come.

Given that the delay here is so great that the board forgot to mention it in the last RNS maybe they should do the equivalent of what Formula 1 teams do, write off this season and try and get ahead of the pack for the next big thing that will make AI look dated.

My limited experience tells me it isn't easy to get it right, I may be wrong but I'm guessing the day traders who dip in and out for a small percentage profit may have a higher chance of success, but being a tiddler in a big pond that wouldn't work for me. To be fair, although this hasn't moved for the best part of a year it probably has given many oportunities for a quick 10% to those willing to risk a decent amount of cash. It's horses for courses, people like me are going to have to settle for the 'some you win and some you lose approach' in the hope that something like this goes to 13p, which it did, sadly I missed that.

On the bright side, it keeps us out of mischief.

Sorry - I can't pass on your regards, that's in my kennel too, but I have put it on the back burner with a couple of others, my own fault I sold out just before the rise then bought back in, us Greenhorns do that a lot.

OSD - I agree entirely, I have said on more than one occasion that the RNSs are just 'froth and bubble'.

In my frustration I may not always put my point across as clearly as I should, and I know that as someone who hasn't thrown a fortune at this I can walk away not troubled, but I have seen very little in most of the rare communications that give me any clue what that these people are doing, and even less that they actually care what the shareholders think about their actions or lack of action.

OSD - Good morning to you. I think you might not be too wide of the mark there. I'm sure some may disagree, as is their right, and I do understand that if someone has thrown enough at something with a track record like this then it is probably best not to make yourself feel worse by worrying about it, but for me personally as a relative newbie to this daft game who has had some small successes and some disasters I need to see something positive before I would consider defending this.

Now there's a sermon to breathe energy to those that are weary, life into those that have had a long stay in the stock market ITU, and those who have just lost the will to look at the screen in the morning, that will give us all strength to fight on for another week.

Debate is good even if we don't agree.

As it looks like it's going to be wet all day I'll kick it off now rather than wait until tomorrow.

"This time next week nothing will have changed."

Colenal - Hoping for the best, but expecting more of the same.

Just enjoying a nice bottle of Champagne, nothing to do with Valentines day, I'm celebrating that I haven't lost all my money yet despite holding more dogs than Battersea dogs home.

Callit - You were quite correct, the 2 resignations were mentioned on here, but as there was no discussion I managed to miss the post.

To be fair to both points of view though, whilst the % might be incorrect if quoted today for the next 12 months, (they could also be correct, we will have to wait and see). They stated a 45% drop and I'm down 54% and most of the comments don't seem to have been disproved since that time, so as sentimental as we might like to be, and most of us are to still be here, it is very hard to view John61s post as drivel. Whatever our different views or questions about others agendas you surely can't consider that forecast for the year to be too wide of the mark. 45% Vs my 54% loss, probably the best I've seen.

I wasn't personally seeing it as having value, just laughing at analysts, as you say it was a long time ago, I found it amusing that only a few weeks before that the analysts were forecasting untold riches for shareholders, yes some made lots of money on the rise but it wasn't a true reflection of the company's health.

Maybe my attitude is wrong, but whenever I hear the words 'analysts prediction', 'experts opinion' or 'broker notes' I look the other way and stick my hands over my ears.

I found John61s post quite interesting, I was thinking 'well it's not often the analysts are right'.

I read all sorts of silly predictions when SCGL first popped up on my radar, I bet they won't be repeating those.

When I saw talk again about buying in cheap I nearly stole musk's thunder, I wanted to say 'the price is the story'.

I was shocked to see our new visitors claim yesterday, very iffy printinting stuff like that if it isn't accurate

Whatever the subject or the difference of opinions I hope everyone has a great weekend. See you all next week.GLA

I hope there is something big that is good coming down the line, but a protracted silence definitely doesn't favour the patient because their money could be put to better use especially if the silence is broken with bad news. I was only in SML for a few weeks and came out over 200% up so the silence doesn't work for me personally.

I totally accept that they aren't directors of this company but my point is we can't bite both ends of the biscuit, people can't get excited about appointments to the board of another company and then say it isn't important when they resign without announcement. We can't keep giving the benefit of the doubt to everything that is happening here, or not happening as the case appears to be.

Callit - They aren't the only ones who are desperate, so are most of us.

Callit - personally I feel that 2 directors leaving at the same time was worthy of notification by the board, but that's just me. I definitely don't recall it being mentioned on here but I may have just missed it, what does surprise me though is that it seemed to be news to others who had sizeable investments at that time when I mentioned it last night.

I'm not looking for an argument here, far from it, merely trying to get someone to put me right on my views.

I totally get your view on the possible reason for his short tenure on the BOD, but before we say that his knowledge is baked into the machine we need to know the circumstances/ reasons around his departure, because if it wasn't amicable, and with 2 directors leaving at the same time it is very hard to think of it as a positive then the company won't have taken his advice no matter how qualified he was to help.

As you and many others say, they need to tell us something soon, but it isn't as straight forward as just telling us something, it has to be something that unites us all through the belief that (A) they are working hard for our benefit and (B) that their work will show some results. To pop up every now and then with words of no value then go silent for ages helps nobody. I'll put it on record now that I think we will still be having this conversation for a considerable time yet.

Colenal - As always happy to be wrong

Callit - I have said many times that I am no expert, but I am fully aware that a consultant is sometimes appointed to a board for a short time.

The questions this situation raises with me are that the board deemed it necessary to announce his appointment as if it was something that we should know, and see as a positive move in the development of both the platform and the company as a whole, which in turn should lead to an increase in the value of the company, but they didn't say in the RNS that it was short term, or deem it necessary to announce his departure.

Also he departed at the same time as another board member, which most people would surely be wondering why.

Lastly, if he was brought in to further the progress on the development of the platform, why did he leave before completion and why is the platform still not completed months after his departure with the board now making not even the slightest mention of Evoo as if it never existed ?

We all have different views because we all have different levels of exposure here, I personally could walk away and never think about my small loss again.

I am in @ .77 for a small amount, I get that some see it as worth a punt at this level if they are coming in with their eyes open, and I don't need to be a genius to know that some have invested substantial sums at a higher figure so if I'm down over 50% I can understand their pain but a realistic view has to be taken, If we are going to go overboard with the optimism on any very rare news then that news has to be real and accurate.

Don't eat it all at once, you might need a meal if you fall on hard times.