Member Info for Daveavt

No grudge, just the sheer comedy value of what comes out of these group of companies. How's it over on advfn where you were complaining how quiet it was over there, has everyone jumped ship?

As the saying goes 'it's not worth the paper it's printed on'. It's surprising company's can even release them as news.

Sounds like a gigantic company eh, one we're not allowed to know the name of, and black cactus magically is going to own most of it, and this huge company is willing to give up it's unknown name to and change it. This company, with zero revenue and 3 million debt. How is it going to pay the 500 staff for the first day? Lol, each release gets more and more fantastical. Next week, black cactus blockchain moon base..

The names are never disclosed lol, as usual..

Yeah and sold it, hence why the price dropped lol

Well no not really as I said previously, it wouldn't have even covered the lost interest on that amount over nearly two years, let alone if they actually did it. It's moot. Might ask milestone if I can buy some of their shares at a discount and sell them tomorrow lol

Did you not understand the news Craig? The aim to retrieve the whole £1.25 million failed, as they took a 125k payment as a settlement.

Exactly, maybe it was just all organised to ramp the share price. End of the day, they have only 'cleared' not even ten percent of the failed placing, and they say they will hold the rest for any future placee deals. Well two things will happen, seeing as I think the placee pricing was about 70p a share, no one is going to even think of doing that in the near future, or milestone will heavily discount the shares in which way they will be directly competing with aim, 'don't buy on the stock market, buy off us'..

The 125k they have accepted wouldn't even cover the interest if they had simply stuck the 1.25 million in a bond for two years, let alone if they had invested it in their company as working capital.

So instead of a 1.25 million net loss, it's still 850 loss as the analyzer just said. They probably didn't have enough money to take it legal that's why they took the ten percent settlement. Seems milestone like giving away stuff.

So placing not settled as expected. A 125 grand payment as a get out clause of paying 1.25 million.

And you seem to forget about the thousands of concepts that never gained traction, or completely morphed into something different. Or seems like a great idea and in hindsight did something different. The concept of blockchain has been around for over 40 years, the concept is great, the implementation is very very difficult. Not by tech, just simply convincing everyone to jump on board. And it needs EVERYONE to jump on board to make the concept correct. And the element of giving full trust, when you still have the human element at start and end points, is again, naive.

You do realise black cactus have made that website don't you Tony...and had the exact same one when they were called envoy, plugging the exact same greasy tactic.

I believe the group of companies is a shell, and they put up their own website trying to encourage people to buy shares, so yes I do believe what's on the website that confirms people's suspicions, funny that..

Though ironically what they have been busy working on is the dodgy 'buy our shares before it's too late' websites. Yes. Ironically that's the only think anyone has seen the company make out of software.. http://dailystocktraders.com/BLGI/

No info on any apps because they haven't created one or stated they have started creating one, or even have the expertise or staff to start one. No info on the recovery of the failed placing because there is no info on the failed placing. Voting at the agm, only people on here have said that, it hasn't been said by the company, according to black cactus it was meant to be in November but was postponed until a date that was suitable, so everything totally unknown.

Ha, the irony, Tony, a person that's on a company forum and talks about everything other than the company.

Are you telling me you can't figure out why this board is higher than others? Tony, it's because people, go on a phone or keyboard, and post replies on here. Every reply puts the post count up. When the post count is higher than others, the board will be at the top. It's quite complex I guess, I hope I've explained it sufficiently.

Not only info on the failed placing, also no info on finalizing the 'licence' with black cactus and the share holder meeting of giving away 30 percent of the company. Oh also no news on the change of staff at milestone. So that's 3 promised things, of many, they have failed to do. So tell me once again why you bought more shares??

Tony, firstly you said you'd only reply when there was an rns, and the 3 questions you asked would be in an rns would they not? Is there an rns? No. It's not that difficult.