Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Suthy. I am not a Troll, that is such a dopey throw away comment. I've been invested here for years before the name change. This is a message board and I shared the RNS link as LSE didn't have the RNS published and i just provided my view on top, because that's what these boards are for, sharing views.
You might disagree with my view which is fine but don't try and smear me by calling me a Troll. That just indicates a high level of ignorance on your part!
The RNS on company website:
https://quantumblockchaintechnologies.co.uk/investor-relations/regulatory-news
States an update on 4th May last court hearing.
There can be subsequent written reports but QBT expect conclusion by end of calendar year. Wouldn't be surprised for this to drag into 2023.
I thought the QBT website looked quite amateurish for a tech site. Lots of TBAs everywhere.
I still reckon this is a classic Italian Ponzi like Syme but I'm stuck with these shares now as lost too much.
GLA
Not sure what to make of this company but looks like some smoke and mirrors going on. This link https://polaris.brighterir.com/public/boston_international/news/rns/story/rn9zkpw has a recent doc (to do with fundraising) which has a section stating:
"Serious loss of capital
It has recently come to the attention of the BIH Board that the value of the Company's net assets is less than half of its called-up share capital and that is deemed to be a 'serious loss of capital' within the meaning of section 656 of the Companies Act 2006 (the "Companies Act").
In such circumstances, the Directors of the Company are required, pursuant to section 656(1) of the Companies Act, to call a general meeting to consider whether any, and if so what, steps should be taken to deal with the situation. Accordingly, the business to be conducted at the General Meeting (referred to above for the purposes of approving the Share Capital Reorganisation) will also include consideration of what, if any, such steps should be taken.
The BIH Board does not consider it necessary for specific resolutions to be proposed at the General Meeting in relation to the 'serious loss of capital' position, but it does however invite shareholders of the Company to discuss the position generally at the General Meeting.
Whilst the Placing, which will raise £187,033 (before expenses) for the Company, and the receipt of the £147,857 subscription monies for the New Convertible Loan Notes will not result in the Company's net assets equalling or exceeding half of its called-up share capital, it will go some way to addressing the position."
Make of it what you will, but I think shenanigans are a foot somewhere.
Errr, before you all get ahead of yourselves, the key bit is the detail, Old proactive article from 2011... price target 323 pence.
That 323 target will have been valued downward significantly 11 years on - be careful of giving out over-hopeful signals please.
This share does have potential, but nothing like what is being espoused by some on here.
Busted flush now IMHO, stuck with the shares now, should have sold when the stock was at it's height, stupidly thought they would get a nice big offer. This is really long-haul now, poss 5 or 10 years to get your money back :(
And I'm not a Ramper or De-Ramper, just calling is as I see it.
Probably irrelevant but I thought it was (geek alert) interesting:
https://twitter.com/alvinfoo/status/1501152090269184004?s=20&t=d0PKEy1rUnIkCsrJu-L8Og
Really harsh time I reckon. SP gets marked down on little sells and Spread is vast, it's almost like either the MMs don't want you to buy or the low volume of trades is too much of a hassle for them to entertain or there's some manipulation in trading due to a news announcement coming. All blatant guessing by me :)
I think the lack of real interest is these shares is just killing the price atm.
Views...?
I've been in this share on and off (currently on) for 5 years and it never ceases to disappoint. It's all chips and no gravy. Sisto is just mucking about tbf, I'm sure he can sniff out good ideas but expect he can't even run a bath. Endless placings are just proof that he's clutching at straws, this has he behaviours of an oil/mining stock rather than a tech one!
You've part-answered your own question:
"Further brands will follow..." where might they be then...?
HK$ 10 Million = £943,130 which = chicken feed.
And as far as RNS goes the company is very poor at that, comms is another one of their weak spots.
I wish you good fortune and perhaps some of us can make back our losses. GLA.
Insightful posts. I think end of this year we will see endgame. Selling off of Tern and portfolio companies and a big pay out to all the respective Tern family BoDs. Us humble shareholders should get some return but the big gains will go to the BoDs in some shape or form.