Member Info for EricDraven

My favourite thing about him is that he’s immediately walking into significant welcome Options, you know, before he’s even done anything at all. Lol.

Nesting I reckon.

Lovely to see them.

Evening Troajie. x

I think you’ve hit the nail on the head, we’ll either win or lose. It is probably as simple as that. You know me, I’ve spent far too much time examining what has gone wrong and what I believe could have been done better. Yet, I am powerless to change what has occurred. So it’s wasted effort I guess.

I still trust that we’ll see some daylight before long and things will improve for us. Fingers crossed I’m right about that. x

So really, is it that you are just pleased that the brokers’ notes have come out, regardless of when? I mean Sooz, in view of the fact that we still have the Court decision looming large anyway. x

I see. I appreciate your point. x

Hi Sooz. The brokers’ notes prior to the fundraise may have gotten more people interested and pushed up the sp prior to the fundraise, which would have given us a better chance of raising the funds above 0.61p. See what I mean? Certainly no chance of the sp rising now, due the brokers’ notes coming after the fundraise. If we’ve only managed to raise at 0.61p, people are likely feeling that 5p right now is far too optimistic.

Can you see now why the timing and order of these brokers’ projections it’s important? They should have come before the RNS re the fundraise, to raise confidence and give the sp at least a chance of rising prior to cash raise.

I know the Court ruling being awaited is suppressing the sp, but Ed has dropped a massive changer while we are waiting. Then another one, as we seem to all feel, with both the ill-timing and derisory target price for the BoD’s Options.

Anyway, so we wait for hopefully better Sooz.

Afty. x

I’m also sure that we could have ticked over until the Court decision and then raised the funds.

The brokers’ projections aren’t much good now, they’ve had no impact, and precisely because Ed saw fit to raise money at 0.61p, with no attempt not to. Why didn’t he try harder and arrange for things to be RNSed in a more appropriate order? Brokers’ projections first.

Evening Sooz. Yes, it’s quiet. No point in pondering what I’ve been pondering, but may as well share. We’ve recently had the two BEM brokers giving a projection of our worth, and as it stands it looks like the sp should be around 5p. What the pondersome point is, why on earth didn’t Bowie arrange for the brokers to issue this information prior to notifying us about the fundraise? My feeling is that it could have made a difference and the company could have then raised this last amount of money at a higher sp, over a penny, keeping our nominal value status intact.

Why these broker projections after the derisory fundraise price/event?

I’m peeved and bothered by this, because the only reason I can currently think of is that the BoD wanted to ensure extremely cheap Option sp targets when they can trigger their buys. Ensuring also that they could give themselves many more Options each, by way of volume.

The brokers projections have, in my opinion, come wholly at inappropriate time, after the fundraise.

Anyway, it’s a bit negative, but I can’t trust Ed I’m afraid, as he has already mentioned funding in the positive, wuty various avenues to pursue, and yet has raised the cash at an all-time low sp.

In my view only, he's really quite useless, for shareholders that is, but not for himself or the BoD.

Glad you spotted that as well. x

Still waiting to hear from you.

Hoping so Wots.

Thanks SJ. I found it irksome.

Sooz, exactly. We shouldn’t have to do it.

If Ed was, let’s say, much better, he could have included a suitable link to that information within the RNS, so that we could just read it. I’m not being directed to supplying the broker with my email address.

I didn’t even register to read it, as I don’t feel we should have to do that with another company, to read the contents of our own RNS.

Lol

Too late now Suzy, you've made a balls of it, you silly sausage.

I feel that was my point really. That RNS was disgusting, at this point in time.

It would be a way of rewarding us down the line though Pocko, that is all. You are right though, they should be solely focused on delivering results and then actually delivering them, before even remotely contemplating rewarding themselves. The Option RNS was a joke. So if they are going along the ‘early’ Option route then the fact they are overlooking our loyalty and continuing support by not offering shareholders the same deal is another boot in the face for us, considering how poorly Ed has managed this so far.