Member Info for ExMS

Cash and cash equivalents at 31 December 2024 of $0.05 million

£37k!!!!!!

The positions almost certainly don’t exist BP.

Maybe they should advertise for a senior sales negotiator/actually getting a meaningful contract signed manager!!!!

You are being played…..

The only thing you can say with any certainty here is that there will have to be another placement/capital raise.

Expect DL to try all he can to try get PIs “excited” and to polish this 💩 . We’ve all seen this before many times.

“One can assume they are for new major contracts given they are permanent hires and an RNS is going to drop shortly”

Absolute rubbish

1. It could be to replace rats that are leaving a sinking ship

2. It could be to get PIs excited ahead of the next RNS attempting to get another placement away. Ever though about that BP?

I’ve seen this all before at NNN. They made a hire in January and went bust in Mach. The David Brent school of management where you know you should be cutting back on staff and so hire instead!

In fairness BP this is the kind of thing I would expect DL to say ahead of a 3.6 bn share placement ,or on a teams call! Pure fantasy

You give buffoons a bad name….

BP

You seem to not want to address the elephant in the room. That they have no cash in the bank and it costs $300k /month to run this company.

Bankruptcy is imminent. As it has been for months which explains the 3 desperate placements since December.

Are you going to support the next placement?

I’d like to see DL finally fall on his sword.

That’s what I’m here for.

And there one or two on here I will be chortling at too 😁

Come on BP, we are all ears!

When the company had much less cash and still had debts it was trading higher than the current share price.

Why is this a positive? I can’t wait for the answer…..🤣🤣🤣

Agreed Skid

My own personal favourite of his is:

“When the company had much less cash and still had debts it was trading higher than the current share price”

Too funny

BP

I am genuinely worried about you if you truly believe what you write. I never believed in the notion of paid rampers but I genuinely hope you are. Because the alternative is you are just a buffoon

But they have no cash. None. All gone. $300k per month to run this sham.

NB The magic money tree I mentioned earlier. It was a joke. You do realise that?

Can you B Positive about that? 🤣🤣🤣

I’m imagining a tree 🌲 decorated with a number of gold-wrapped chocolate coins placed close to DL for the Teams meeting! Don’t be fooled Ray….

Just a magic money tree away from being cash-flow positive. I won’t say profitable given DL’s history!

Let’s just hope it can grow in a few days!

A full 2 months since the last placement which only raised £720k.

TSP paid off and running costs for 2 months means NO MONEY left. None.

Despite this SP at placement price despite no free warrant attached. Warrant holders could just short here and be protected at strike price.

But I did forget to say NO HOPE!

They would love to be able to accrue debt but NOBODY will lend!

Except of course mug PIs via placements