Member Info for ExMS

Most of you dived-in after Edwards bought.

Using the same logic you should now all be selling as he’s sold out.

But you won’t. Because PIs find it difficult to admit they are wrong and even more difficult to accept a loss.

Instead like Casey you’ll now be drilling into the numbers trying to find crumbs of comfort or reasons to be optimistic. Good luck with that. There are none.

Casey,

Last year the company net lost £200k pm.

The cost to run the company in recent months DL has said is in the 10s of £1000s. Which will be nearer £100k because DL himself earns £20k per month. Also he never said at the time that he and others were actually not getting paid. Now they are being paid by you guys again the costs will be north of £100k per month again.

They raised £600k before costs so closer to £550k net.

There were also short/term creditors to pay. So the reality is that they will have around £450k after the 2 placements or $600k. NOT $1m. Nowhere close.

People keep saying that there is zero debt here, but last year it cost £200k per month to run this shambles and even with cost-cutting will still cost north of £100k per month to run. So

Debts are being accrued every month. Directors were not taking a salary at the end of last year because the company had run out of money,

So in 2 placements they have raised £600k.

Nowhere near enough to survive or be well-enough capitalised that any customer would want to deal with them going forward. The only winner is DL as usual, and he’s also the one who will not put a penny of his own money into the company. (Except he was forced to take shares in lieu of wages)

HFTC

“Agree 100% GLR1990 - Why kill momentum with a raise like that?”

Because they are desperate for money and have no choice. They wanted the warrants to be exercised but obviously don’t see that happening in the near future.

So my take is no new catalyst/news in the pipeline. Which makes sense, because with this company there actually never is.

I posted this on 11 Feb

Placing11 Feb 2026 07:30

Prior to Edwards buying there was a real chance the placing would not get done as the volume was so low. One TR1 from an individual and bang, volume spikes and placing gets done. Job done. He would have been asked by the broker to participate and protected from any downside. Now all the newbies are left holding stock with nowhere to go. It’s how the system works. And how it is always against the PIs.

They would have “asked” him to get involved in some meaningful size with the promise that he would be protected on any downside

Absolutely not criminal. Common practice to get a back-stop buyer

He was asked to buy just to get the shares placed.

You’ve all been played, again……..

A "sucker" most commonly refers to a person easily deceived, tricked, or cheated……

If every share was a pound coin (hahaha) stacked on top of each other the stack would be 80km high.

Yep 80km! God bless DL

Are they still bidding 0.004? Only I thought that was very important ?

Yes or no?

How many will the mms take at 0.004?

🤣🤣🤣🤣

You seem to be so preoccupied at what a mm will take from you. As I just said, so easy to spoof you……

Oh dear, oh dear.

When will you all learn?

Prior to Edwards buying there was a real chance the placing would not get done as the volume was so low. One TR1 from an individual and bang, volume spikes and placing gets done. Job done. He would have been asked by the broker to participate and protected from any downside. Now all the newbies are left holding stock with nowhere to go. It’s how the system works. And how it is always against the PIs.

Yes I do indeed. I had a real boffin young boss who had developed a warrant pricing algorithm so we eventually cleaned-up. Most mms used to price them on a

purely supply-demand basis hence there was often a huge price discrepancy twixt the two .

The first sensible thing you’ve posted for a while Invest Donk, although I sense some disbelief 🫢

I was a mm in Eurotunnel and the warrants back in the day!