The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
If ASX finished at 0.45 then it finished down because the night before it finished 0.5.
It seems people aren't understanding the spread, or last reported trade.
The quality of rampers here over the years has declined somewhat. Please try harder.
This from Friday by a holder....
"A few of us now have been in contact including myself great backing and bod seem upbeat so I continue to hold and add .."
Yet another example of an AIM BOD telling shareholders what they want to hear just days before issuing a profit warning, jam tomorrow RNS which decimates shareholder value.
Whatever the outcome here (I hope its a good one) people need to remember one thing.
Whilst you're all attacking each other and using the mental health jibes (how low can you get?), it's Ciclitira who should remain under scrutiny.
He is a despicable, disingenuous scumbag of a human being.
His modus operandi is to engage privately with investors, feed them a load of lies in the hope they are passed on within social groups.
All to the financial detriment to those that are caught on the hook.
The best result here. Folk recoup some capital and Ciclitira goes to jail.
Good luck.
The development of these new business segments will take a little time and inevitably gives rise to some uncertainty in relation to the timing of certain cash flows.
As such, the directors note that there is an element of uncertainty surrounding these forecasts
At present the success of the NFT revenue stream is thus also uncertain.
For the group to achieve the target forecast and maintain sufficient cash balances to fund working capital, the group's revenue forecasts will need to be achieved. Should the revenue targets not be achieved, the group will require additional funding to enable the group to meet its working capital requirements for the going concern period.
Don't people read?
There will be a big effort to spin this now. InvestorMeet today, Hive tomorrow.
Barry will probably try to save face and pump the same nonsense.
But ultimately, they failed to raise enough money, they don't know how much, if any, revenue is going to come in, which leaves them skint and probably unable to raise the required cash.
When speculation was rife regarding whether IGS was still a partner or not, Epstein and Barker travelled to Mexico for a jolly hosted by Bitso.
One of them put out a tweet that all MOS partners were in attendance or had given good will messages.
Of course, IGS weren't there, their contract already expired so a factual statement.
The intention of the tweet though?
How dare people level accusations of dishonesty, its simply not on 😀
Accusing the BOD of dishonesty? Surely not?
October 6th 2022 RNS. The business is in its strongest position for years.
Follow up podcast. There is over £2M cash in the bank.
Partnership RNSs for Necaxa and Lopez announced within 2 weeks. Upfront payments well covered by existing funds.
November 25th podcast. Epstein reiterates £2M cash in bank.
EFC Partnership beginning of December. Upfront payment well covered by existing funds. Maximum risk over 3 years $75K.
Trading update/results to year end 2022. £1.6M cash in bank.
Approximately £400K missing within 6 weeks.
Cash in Bank March 22nd 2023. £1.4M.
Cash in Bank end of June. £0.9M. That's £500K in 3 months and no more IGS.
Shocking accusation to make about the BOD being dishonest I tell you, absolutely uncalled for. When they said the Company was in its strongest position for years and they had revenue targets of $40M after revenue split they really meant it. That's why they offered warrants at 0.3p at the 0.18p Placing 😀
What are the chances that the current SP with 4.37B shares in issue will correct itself when the shares in issue become 5.33B tomorrow?
Don't forget that Epstein expects his faithful to buy at 0.07p so they can receive worthless warrants when they can buy at almost a 20% discount to the retail offer 🤔
Https://suite.endole.co.uk/insight/company/10872492-igniteamt-ltd
Https://suite.endole.co.uk/insight/company/14967717-igniteamt-services-ltd?page=overview
Barry
I will never apologise to you due to your comment made to me during a time of family bereavement.
However, if you want another problem to ponder, how long has Epstein been trying to raise money to get this new venture off the ground?
Hepseal
Fair enough but something doesn't sit right with me.
London address doesn't match the address on Companies House. An oversight perhaps?
3 similar Epstein Companies using the same address, 1 now dormant?
Hepseal
The main address is New York.
If I'm incorrect I'll hold my hand up, but I find it very odd that Epsteins biggest sycophant has never ever mentioned before now that Epstein heads up a Company that boasts Unite Union as a customer.
If anybody cares to look through this thread, you will find a cracker of a post from Tr1 shareholder Mark Barry on New Year's Day where he appears to claim to have some knowledge regarding IgniteAMT.
Now it's difficult to ascertain whether he is deliberately misleading everybody (again) or he is simply just thick as mince.
AIM at its worst.
Screenshot of post secured in case the cult attempt to remove the thread. To be fair, it should be removed because its a false statement.
Https://suite.endole.co.uk/insight/company/11634035-ignitecap-ltd
Https://suite.endole.co.uk/insight/company/10872492-igniteamt-ltd
Https://suite.endole.co.uk/insight/company/14967717-igniteamt-services-ltd
So just to clarify.
Is the biggest MOS shareholder claiming that the Company that MOS pays £200K to, a Company where the CEO of MOS is a Director and has a 30% stake, is the same Company based in New York that counts Unite Union as a customer?
And if he is claiming the 2 Companies are the same, why hasn't anybody else challenged him?
Ignite Profile and History
Ignite is a company that operates in the Information Technology and Services industry. It employs 1-5 people and has $1M-$5M of revenue. The company is headquartered in New York City, New York
Pomanda has estimated its turnover at £217k with declining growth in recent years.