Member Info for GG79

Price drifting on lowish volume; each investor to their own but I'm relatively less concerned despite the current sp level.

Patienvestor - all due respect and I truly don't mean to sound patronising (for once) but are you sure this company/your current position size is right for you? I note you appear to have borrowed funds to add to your investment here which, while understandable, does not appear to have been the best idea for your own sanity.

As I say, each to their own but from the, prima-facie, tone of your posts it does seem that you may perhaps need to reassess your risk appetite. When I was working in the industry, one of the key questions we would ask clients who viewed themselves as having a high-risk tolerance was how they would feel if they lost all their money in their chosen high-risk investment(s) - this may well be unlikely to occur but it certainly helped provide additional context for those who initially believed they had an increased appetite for risk. Good luck either way...

"We're worth I'd say 2p-3p right now"? I suggest you're actually worth circa 2p-3p less than that right now.

Indeed 1onic - seems some of the less knowledgeable posters on here, of which there appear to be a few, do not quite understand the role of a broker vs NomAd either... Says it all really; poor souls.

Always someone else's fault isn't it Jez?

Instead of asking here, why don't you try calling yourself nextriser? Would make more sense than relying on second-hand information.

https://www.youtube.com/watch?v=6FMGYycBAMU

V2020 - I understand where you're coming from and PIs will never have as much information as certain other market participants but that’s why we have to bridge the gap as much as possible by doing as much research as we can. And that research should be more than the simple google or reliance on a fellow bulletin board user’s posts.

E.g. I am not an accountant but always review a company’s accounts in as much detail as I am able to with particular focus on the balance sheet. The more you study accounts and look out for what you deem to be red flags, e.g. related parties, the easier they are to find and it surprises me how few people actually take the time to look at a company’s financial position and often seem happy to base their decision on what another poster tells them on a bulletin board.

Seems the last few years have brought about an explosion in private investors and many have made some decent money due to a rising market and following the “hot stocks”. Sadly it’s not always a one way bet no matter what certain fellow self-interested investors may have people believe yet still so many PIs still lump far more of their overall portfolio into one stock than they should.

In an ideal world there would absolutely be trust in the market; after all, Dictum Meum Pactum / My word is my bond is the London Stock Exchange’s motto. Unfortunately, reality does not always live up to these lofty ambitions as we can easily see in the dark recesses of AIM but also across the wider market. Human condition means we often need to find someone else to “blame” when things go wrong but, ultimately, the blame lies predominantly with ourselves.

FaHP - the company has always been smelly; understand some may easily blame MYSQ / the BOD etc but the red flags on this stock have been visible since day dot.

Without sounding overly harsh many private investors proferred their hand to be led up any path Eric chose without sufficient due diligence of their own. RNS are often written with semantic care to ensure sufficient caveats and too many investors take what a company says at face value. Keep learning from such experiences and try not to give in to your brain's FOMO...

"Brave enough to put my money where my mouth was and that I have no regrets about"? Says it all really.

Denial is the first of the five stages of grief. This is the end.

Not even you can put a positive, wild-eyed spin on this Jez. Astounding that you still try to turn this into validation of you somehow being right all along. There has never been any real interest from any acquirer be it Tencent or AN Other. Read into the RNS what you will but you'll have to face facts one day. Maybe, for once, try to learn from this sorry episode.

Videos are increasingly puffery. We need factual news in RNS form rather than nods and winks via Proactive.

Ha, you're right 1onic; I'd best dumb it down.
Though perhaps one of the Gs in my username stands for grandiloquent...? Makes a whole lotta sense.

Not sure why you expected Eric to say anything different FaHP…

Don't disagree that MYSQ and particularly Schaer wilfully misled investors but there were so many clearly visible red flags with this company. Unfortunately, a lot of modern investors ignore these, just see £ signs and invest far more of their wealth into one company than they should. Sometimes it goes right but not always for the right reasons; more often than not it goes wrong but all any PI can do is learn as most, if not all of us have been there before.

PS - Still waiting for my badge for telling you way back when to exit this lamentable stock...

A 3.5p to 4p offer? I'll have some of what you're smoking nextriser.

Sorry to hear about your health troubles mcsquares and all the best with your treatment.

I did see the RNS today and thought it may have been a rabbit being pulled out of the hat with a placing being used to clear the Atlas bonds but alas not for genuine holders.

Ironically, if I'd never heard of Mysquar and had seen today's RNS I may well have considered an investment/trade particularly given the fact the company is finally, belatedly, reporting proper, industry-standard KPIs.

Fear it may well be too little too late but good luck to those considering one final high-flying average down...

Can buy up to 2.5m at 0.58p on IG. 3m is 0.594p.

Glad you've finally realised that Jez B-)

*Doooooom

Possibly Sea Desert and GP Holdings selling their "golden tickets".

Not fully by directors but circa 20% of the issue. Better owt than nowt.