Member Info for Foxhill

But I for one, didn’t and don’t attach any substance to it.

The Russian speculation has gone on for years.

We know the markets are massive and tech curious -,enthusiastic even. We have (allegedly) a tech advantage (USP) and yet contemplate discounted supply with a SAAS generated makeweight - and still cant sell anything nearly a year into T42. T42 the rarest tracking device available today.

And we still haven’t had a proper TU. Hence folk walk away.

We are nine months into Starcom’s transformation - focusing
on a new iteration of an existing product - the T42.

That’s halfway into an 18 month period within which the BoD felt they held a technical headstart over competitors.

The analysis and subsequent decision to undergo the transition must have taken many months before the announcement - and one hope’s based on potential confidence of significant client take up.

As things stand there have been NO confirmations of ANY significant sales or pilots for T42.

On the plus side, I think Lokies is likely doing OK. I’ve got no idea what the “marketing” in the Phillip Morris scenario means. Why appraise if you don’t want. Amazon was a name drop. It’s also the choice for the Argentinian project - sure that what T42 is intended for!!

Then there’s DHL. I hope that the Lokies 2.0 Ghia Turbo has been developed as per DHL’s specific needs in order to get sizeable orders underway - rather than a response to a blend of feedback.

The T42 looks to be redundant and that puts a massive question mark over the rebrand - and the BoD’s judgement.

Their reticence to update - especially in light of the. businesses ‘new focus’ is simply unsatisfactory.

This isn’t doom mongering - it’s all fact, I believe.

‘not surprised to see a chunk calve away.

Is that leaky, leaky - ahead of financials?

The typical AIM chorus of brand new di(khêad$ rising on the morn’ of a sunny RNS. Never-before heard, yet bought their nest at the bottom and manage to sell at the ask.

So worldly wise and confidently researched for such new appearances - and entirely dismissive of those who’ve flown their path before them.

Thankfully by 10.00, the sun is risen and the dew burned off and the lesser spotted di(khêad falls quiet….

Play nicely ??

In view of the RNS - ‘the sums involved and resultant impact that it should have on the business - if there is still merit/progress - do you not think investors deserve an update?

Sounds like he was what we needed.

Begs another question. Why did he jump?

I was being pedantic, borne of frustration after a half ****ed and so far, mystifying rebrand. I guess it’s easy to forget that you work for T42’ - when you don’t sell any. Nobody worked for, or left Starcom, in May ‘22 - because it no longer existed.

Don’t see the significance of José’s previous or current whereabouts - unless he chats to Shlomi incessantly on Linked-in.

Nobody left Starcom in May 22

Sucks in scepticism - hence the SP.

The BoD couldn’t have given more info at the outset.

That, in the subsequent vacuum that the market needs a bit more - if they have any interest in their progress being reflected in the SP. You’d have to assume that either there isn’t any progress - or they’re not.

Their failure to give shareholders a comprehensive update since reinventing themselves some 9 months ago - with a dedicated focus on a product we don’t seem to be selling is unacceptable - to me at least.

Is the only way to describe Pete’s ‘running’ of WSG. He’s kept it alive only because of 50 odd million in raises. An eye watering measure of his ineptitude.

If this was a subsidiary of a larger business he’d have been sacked about 8 years ago - and the operation shut down. There is no accountability- he stays.

Sierra Leone fell into their lap. Pete got big idea’s. Hasn’t pulled one off yet. The Ferry was just a ‘kin joke and exposes their pythonesque business acumen. They couldn’t even sell a boat!!!

‘That nominal went from 10p straight to 0.1 - rather than 1p tells you how much confidence the BoD had in whatever bo((ocks they were spewing at that time.

So the CEO who wouldn’t sell for less than £2 has taken the SP down to 1p under his watch - diluting his own interest from a once 20%+, to something worth about the same as a well specced 3 series.

…and yet neither Pete, nor anyone else on the board has sufficient belief in their own output to buy shares at the current level.

Why?

We haven’t had a trading update. There’s no sign of an AGM.

We’re v been renamed after a product that’s yet to find a buyer, let alone a significant market share.

We might be pumping (attempting to at least) discounted product with ongoing SAAS making contracts viable.

There are SO MANY questions that the board need to address and OPENBOX is a big one. You can’t RNS a $75,000,000 arrangement with some substance. That they “trust” their counterparts is insufficient - and we all now about nomads!!

I’m not sure what the merit was in RNS’ing the existence and sales schedule for Lokies 2.0? Unless it’s to flag inbound deals. If September passes without something significant - you have to take the view that they are taking the ****.

Why we have rebranded and named the company after a Tetis derived product which has yet to make an appearance in an RNS worthy contract - the attention and potential successes all seemingly Lokies(2) based.

Tic toc. Yawn.

When those more researched, intelligent, knowing and supremely confident - fail to see the benefit of a perfect, symbiotic relationship with those who are less fortunate or bored and realistic.

Quite why (Jake, I presume) and his ilk can’t see the benefits of Rab’s unrelenting realism - and enjoy the SP’s correspondingly relentless fall in the absence a decent contract closure in the last decade - when he knows the company is currently valued at less than 5% (his calc).

What a buying opportunity for you chum??

Stop moaning and lap up those c1p shares mate. I mean, your confidence and assertions about WSG have never been seen to be misguided/baseless in the past - have they??? :-)

When you’ve got SO MANY opportunities close to closure a dynamic business like WSG finds itself in an ongoing closed period - they’ve suffered the same problem for years. You’ve gotta sympathise - Pete et al will be gagging to buy stock but can’t.

Victims of their perennial almost success.

The directors would lead by example and buy up this silly cheap stock what with so much going on and cuspy.

I can’t believe that folk cling to the hope that Iran comes back into play when you’ve got Liberia overdue, DRC morphing into some kind of year long half arsed JV and 16 other MoU’s that last showed their faces when Pete needed $h!t loads of cash - and weirdly none have transpired.

Nice to have some ‘fresh’ well researched input.

The Loan, being massive news, probably ought to be RNS’d - as opposed to conveyed by the customary wink at an AGM.

I imagine such a loan might be conditional upon closing a deal and there’s the run.

I can see Liberia (or whenever that scanning contract was?) coming off, but that’ll less exciting than Tema.

Otherwise I’m inclined to consider Pete’s previous record.

But Goup’ Bosch only bought 1000 units years ago - and DHL 32.

Bosch are gone. DHL yet to buy meaningful volume.

Interesting RNS. Better management of expectation and perhaps clues in respect of SA/OB.

Still no decent short term rev’s.