Member Info for FigTreeHarry

Cont..2/2

Mr Rodriguez/ family have built numerous successful businesses in the Philippines and Asia in various sectors including Food Beverage, Hospitality, Real Estate, Mining and Renewable Energy.

- over 20 years' experience in the food and beverage industry in Asia
- achieved a successful exit from a restaurant group that he founded that operated multi-brand master franchises for some of the world's largest casual dining brands.
- Mr Rodriguez will lead product and commercial development and will initially hold the position of CEO of the JVC.

JVenture goal
The goals of the joint venture over the initial six-month period is to complete the development of up to six products ready to be commercialized through both direct-to-consumer and business-to-business (B2B) sales channels.

- The Company will require no additional funding during this period.
- Substantial work on product development has taken place over the “recent months”
- Company expects to announce some product launches within the initial period.

- Aidan Bishop will remain as Executive Director of the Company and will work closely with Mr Rodriguez, who is likely to join the Board of Directors at some point after the initial period.

Expect further business update
Venture Build
The Company announced previously on 12 October 2020 that it was developing a venture builder model.
This initiative “has progressed” and “several ventures” are in the development pipeline.

This will now become a separate entity with an experienced management team that will seek a public listing which the Company will own stake in.

The Company will provide further updates on this in due course.

The BigDish platform will continue to operate.

The Company announced previously on 24 September 2020 that a Letter of Intent was signed with an Investor to progress the BigDish business. The Company has progressed the technology goals.
However, given the continued uncertainty in the UK restaurant sector, it has been agreed to revisit this opportunity at a later date when the outlook for the UK restaurant sector improves.

DISH - New joint venture

Operational Update
BigDish Plc (LON: DISH), a technology company, is pleased to announce an

‘Operational Update”

Highlights:
-- Joint Venture, Amala Foods to focus on the high-growth plant-based meats sector in Asia
-- Experienced operational partners
-- No additional capital requirements during the initial six-month period
-- Venture Builder to be spun out into its own listing

“Operational update”
Given the continuing effects of the pandemic on the restaurant sector, changing consumer habits and the third national lockdown in the UK that prevents on-premise dining in the UK, the Company has determined that it is in its best interests to “diversified into a high-growth area of the wider food and beverage sector”

The Company is in the process of forming a “Joint Venture food technology company, Amala Foods Inc ("Amala"). Amala is being established for the production and distribution of minimally processed plant-based meat products initially within Asia”

JV into huge growth “Plant based meat market” in Asia.
Market Research $25bn market by 2025 + 200% growth expected in 2 years
A recent research report conducted by Dupont Nutrition and Biosciences determined that plant-based meat demand in key asian markets will grow by 200% within five years.
Zion Market Research released a report finding that the global plant-based meats market will reach $25 billion by 2025 with Asia-Pacific holding the largest market share.

New York based Polaris Market Research estimated that overall market size of the global plant-based meats will reach $35.7 billion by 2027.

Growing vegan and flexitarian populations as well as increased awareness of the health benefits of plant-based meats are cited as key drivers for growth.

The Joint Venture Company ("JVC") will initially be formed in the Philippines and the Company is in discussions to sign a lease for a purpose-built production facility that will enable the business to become rapidly operational.

BigDish Plc will own a 70% stake in the JVC
30% will be owned by Archie Rodriguez.

Grinchy,
If it we’re not for double act “Pally and Chummy” early deramping campaign against the (company) DISH and it’s Management, the real private investors WHO INVESTED including “Radika” and many others would be sitting on 2p +.

Still, I’m buying them “free lunch” again tomorrow.
Sorry you’re not invited, besides it’s not your thing..... WINALOT.

Mark,
If the JOLS are requesting details of all shareholders, no of shares and date of purchase etc, that is a good sign imo.

Mark,
The Recievers who controlled GREKA and the JPL’s the same thing correct?
that may explain some parts.

Cam,
The JPL’s - Cayman’s and JOL’s - South Asia are both appointed by the Court - MacMillen
They are both (JPL v JOL) part of the same law firm - Alvarez Marshal firm appointed by the Court and work for the court.

Court Justice MacMillen appointed “both” and favoured JPL’s to rescue company: both JPL/JOL are the same Alvarez co.
1 creditor had agreed on refinancing/ rescue deal
1 creditor did not
Judge saw - The assets always outweighed the debt

The persons controlling GREKA were the recievers / Nordic’s Trust if I recall?
In May, gas supplies were turned off in Chinese, but under JPL’s, the company was still under Direcror control.
In fact until OCT 14th, Randeep was in control. (that would be under JPL’s)
May-Oct - who was in actual control?
Randeep would not switch off gas to chinese, yet it was switched off in May.
October, just before JOL’s take control, he suspends the LSE Listing on acc’s being late.

- this is where i get confused...

BigDish Plc (LON: DISH), a technology development company is pleased to announce the publication of its Financial Report for the Half-Year period to 30 September 2020 which is laid below this announcement.

The Company announced on 24 September 2020 securing an agreement for short term funding of £ 540,000. The Company requested and received £ 200,000 of this funding after the 30 September 2020. The majority of this amount has yet to be utilised. The Company is confident that this amount along with the balance of the short term funding will be more than adequate to stretch the funding runway beyond the end of the second quarter of 2020.

The Company will provide a further update to the market “early next week” with regards to its business.

Scandalous and stinks.

As it sits amid the recent extreme bouts of market volatility, discount online brokerage Robinhood has been able to raise another $2.4 billion from investors, the company said Monday.

That brings to $3.4 billion that the firm has been able to raise last Thursday, a total that exceeds the amount it has raised in its entire history.

Robinhood has been in the center of the storm around a move by retail investors over the past week to squeeze hedge funds that had bet big against stocks including GameStop and AMC Entertainment.

As shares in the companies surged, Robinhood placed extreme limits on how much their customers, mainly younger and small-dollar investors, could buy.

Robinhood did not immediately return a request for further comment

Stepdad.

- Filterd -

A couple of ticks away to a breakaway..

Director BUY -
1st Director RNS within a week.
News will be next, insight into proejct/ strategy.

Steph,

Grow a pair, and that’s not just cojones.

Did not dodge, I specifically chose to ignore you.

There is a distinction.

Dyor stepho...

Not a fcasino........

All the panicker’s or ones who bought for a 24hrs punt only..
Wake up - this is fcasino royal.

You buy with the intention of holding for additional news of strategy, progress and positive news, there will be many pieces of news throughout the year.

Don’t listen to the BS below from the deramp merchants as they are likely shorters, or wanting to buy once you sell.
Hold and wait. Else you should take solid advice and not be trading if you panick in “7 days”

1 month..

Dan the man with no plan,

My thoughts:
Simple: Next rns, will shoot it beyond 1p closer to 2p.
Update will happen.

tomorrow am ..