Member Info for foolsgold07

Completely devoid of any information ...unfortunately one of a number of lifestyle companies run for the pure benefit of its bod.
It really needs to be brought to a conclusion.

Always good to get an encouraging broker note...even better if it had been an independent.

This stock should not be effected by covid to anywhere near the same degree as other stocks.
This is a financial support package to assist businesses in managing there balance sheets by way of boosting working capital by monetizing their inventories. Massive potential and realistic business aims.

We would of known by now if there was any semblance of a return for shareholders..it was after all ready for commercial opportunities back in july.....this is simply a lifestyle company trying to draw out expectations until working capital days out...and we all know what happens when that occurs..I was originally optimistic as have funds invested ...

WE were informed by rns on the 1st july that the above app was market ready...along with his podcast amplifying the message that numerous enquires and opportunities were lining up...well reality has sunk in
..mid November and we have an mou understanding (not commercial) yet and that's it.
.does underwhelming come to mind.

It's all very well having trials and mou,s ...don't forget Afri..trial began 3rd july and was supposed to be for 4 months ..with some sort of commercial agreement at the end....we now have an extension of trials and mou,s . All sounds good but the companies is running on fumes..warrants conversions ...and at some point unless revenue ig generated soon guess what they will be asking for the usual handouts from shareholders.where are the other sales leads and conversions.we were told in that now famous podcast that there were multiple enquiries and leads and that was several months ago now. To have only one rns for on company that we already new about is not great. Just my opinion.

The 600m additional shares to be issued will give us approx 68% on the current mcap of 24m so around 40m in my opinion based on current price.

Whilst the rns was positive it would appear the mm.s have taken the view that any commercialisation is still someway off...so any revenue streams are longer term.

Agree better than a placing but it's new shares issued and this has a dilutive effect which we have just seen...however the company is in a very different place now with many business opportunities to grow revenues

At this stage 2 years ago. All legal issues resolved with petroleum agreement sent to government cabinet for review ..
I know these things take time but there comes a point when you realise it's just not going to happen..
Hope I'm wrong but ...

A success or failure...well 4 years on dw will consider this to have been an extremely impressive salary vehicle. A FEW GLOSSYS presentations some flights to the uk to drum up some more investors. Wow he's had a great 4 years.. all in my opinion.

That was the date for the interim statement last year that was supposedly transformational for this business, at last a meeting of minds and the galvenishing of the ratification process. These were the expressions and terminology used at the time.Yes we have had the pandemic but this cannot solely be used as an excuse.maybe 2021 will be the year ...

On the 21st Sept 2019..
The rns stated the following ..key phrases..galvernising the licence process..meeting of minds ...wonder what happened?

Yes same again some nice glossy presentational slides but that's it...uninvestable apart from occasional spike

The issue here was back on the 21st Sept 2019..the interim statement released indicated a new galvernising of effort to finally bring the licensing and ratification to a conclusion.
A MEETING of minds was mentioned ..
A very positive statement that now appears to he very questionable as 10 months have now passed since that report. I AM not saying that positive talks dis not take place and all parties were on board but how long does this really take ..this should of been concluded by april 2019.

The sector,product and the need for antibiotics are all positives.yes there is risk it might suspend for a short while but the upside is significant ..
Only invest what you can afford to lose...

We are in an extremely positive sector..
This is almost recession proof ..antibiotics are one of the key growth areas...imho

It's likely that this will rerate significantly prior to any ratification Rns...market makers are likely to be well aware of pending news before official announcements..
Hence the early bird catches the significant rises...inmo

Unfortunately the change in strategy although I believe will eventually bear fruit does mean that the current mcap is not representative of big dish current position...yes prior to pandemic a potential re rate to 30m based on speed of sign ups was possible. We are now several more months away from any meaningful growth so a mcap of 4m is more realistic...possible that we will see a continued sell off over the next couple of weeks

Yes just as b dish were building up restaurant momentum another change in direction..
It seems to be grasping as straws ...a bit all over the place...that virus just came at the wrong time pity