Member Info for ExMS

On the first day of Christmas Duffers gave to me…
Pipe dreams for under 1p

@Castle
Why do you keep touring Cave being invested as a positive? He can’t possibly sell , there would be no takers and the stock would be worthless. He has no choice but to hold

@ Cuvio
Well I’m glad you got that before my post was, yet again taken down!! I think I keep getting censored by Dr M?? Not nice Dr M!! Xi on the back of the knees!!

All I did was highlight a Chinese giveaway?? In BABA! ( In all fairness I think it’s relatively safe to buy anything Chinese at the moment ) Except maybe a takeaway??!! Yummy but not a great investment .
So… how are we left? IMO buy the dips in China.
Who doesn’t love a sweet and sour dip?? :-D

@NFF
Although I usually try to keep my feet on the ground I might just take you up on that offer should things work out. As a nod to saving the environment and, as we will be passing through, perhaps we can drop you off at cloud cuckoo-land on the way?!!

@Mattluc
You’re backing a 20/1 shot in a 2-horse you go geez.
BTW I’ve just dug a hole in the ground and I think I might have discovered oil. I know and in the middle of an energy crisis. I thought I’d come here first for funding……Ant takers??

Have fun havegun!
Q. Why clutter about like a hen if you can soar to the heights of an eagle?

Thank you Cuvio, I’ll excuse the whiff!!

@ Trisor
So the complete re-think includes not selling the only thing they were previously selling? Come on.
And I know you do t want to believe that that Duffers is misleading investors.
But remember Duffers did say that NNN were going to grow by acquisition in Feb, reiterated it soon after, reneged on that, then stated they had enough capital for the year, then announced a fire-sale cash raising. All in the space of 5 months I believe.
Trisor I’m not the one you should be accusing of misleading….

@ Cuvio
I do value what you say, I think you already know that though.
What I would say though is risk/reward is not a simple binary outcome as Mattluc seems to be suggesting. Indeed if it was I would bet heaps on NNN. 0.20 vs 2p on the flip of a coin. Unsurprisingly I would take that bet all day long. Forever. But you have to factor in probability. And the probability of NNN actually turning wish-list into a well-run profitable company at less than 5%. That’s my opinion. But of course that means I have a 95% chance of losing my entire investment.

@Mattluc
In answer to your question currently there is NO price I would buy in. If incredibly they do announce a significant contract only then would I consider buying in.

@ Mattluc
It currently costs around £2.5m per year to “run” NNN
It has revs of £10k down from £200k since Duffers took over! So not even repeat orders from the previous grim revs.
Duffers said at FY that there was enough cash in the bank to sustain the company for the coming year then less than 2
months later he sold 20% of the company to Lanstead at 0.24p (at current SP! )
Now as I said at the time they would not have done a deal with Lanstead if there were any potential contracts on the horizon. They would have waited. But they didn’t. Go figure. Not difficult to do so IMO.
I have stated/asked on many occasions how can NNN make money out of Virosynth? I don’t think they do or can. Any deal would bring in 50% of peanuts IMO.
Buyer beware….

@Mattluc
I hooe you get what you deserve for Xmas

@ Cuvio
Macro times have changed. I can list a host of reasons why “nothing” stocks went up over the past couple of years which have absolutely nothing to do with individual stock fundamentals:
Pandemic (too many bored individuals with too much time being paid 80% on furlough)
Robin Hood brigade
“Wealth” created (and subsequently lost) via crypto
Here’s a quote from an article I read re Crypto at the time . “The sector was too hot, too loaded with bad-faith actors, scammers, credulous investors and amateurs feigning expertise in Telegram groups, YouTube videos and Twitter threads”.
Around 75% of retail investors statistically lose money.
And a lot of money has been lost. Add to that the cost of living crisis( heating, inflation, mortgage rates) and you can see why I say that I believe the macro environment has changed.
Add to that the overhang of stock from Lanstead you can maybe at least see why I think that this stock will not go up on anything other than concrete news of a big and I mean big revenue stream.
Otherwise IMO it’s likely we see another capital raising via Lanstead or insolvency. Just my opinion obviously

Absolute nonsense Mattluc
I have not and almost certainly will not touch this with a barge pole. So we are very definitely NOT here for the same reasons

@ Mattluc
I can’t let the nonsense you are peddling go without a response.
This is from a trader although some believe I was a fruit and veg trader!!
This is a company that currently pukes around £200k per month. The only income it currently has is from the Lanstead deal which, at current levels, equates to around £60k per month. And for that NNN gave away 20% of the company. Yep!!
So with the current market cap around £9m and £10k revenues can I ask what sort of deal you think will be required to elevate that mkt cap to £27m (sp 1p) or £54m (sp 2p) ??

Hi Cuvio,
90!

@ Cuvio. Whilst it seems the wrong forum I’ll try keep you up.
Dr M? Whooooooosh…….

@ Cuvio
Really?? I love that. At least you don’t have to rely on just me to pump it!! And. I’d say the BoD are a notch higher than what you see with NNN!! Get you!

Things seem to be about to change in China……
I wouldn’t want to be short over the weekend!

Your suggestions are invited on how to finish the sentence.
A prize for :
a. The funniest
b. The closest to the truth
Just a bit of festive fun. Lol