RE: This month27 Jul 2023 17:29
Silversprings, some home truths lad.
Epstein told investors that the cash position was so healthy that no raise was required until year end 2022 and it didn't matter if 0.5p warrants weren't exercised.
This affirmation led to increased buying from investors knowing that there was no dilution coming from a cash call. The SP rose to 0.4p.
At this point Epstein diluted us to gamble on another AIM dog and change the Company priority to NFTs. Every shareholder was gobsmacked. A disgraceful turn of events. The share price never recovered. Epstein of course said his usual nonsense. A quick return to 0.4p was promised.
He then diluted us further for the Krunch acquisition, collecting a hefty cash sum for himself and other members of the BOD.
Further dilution below Placing price to give shares to 2 Agents (£500k) to finalise 30 deals.
Its around this point you appear, creating an account for the sole purpose to urge investors to back Epstein. Anyone correctly pointing out the actions of Epstein and the ensuing car crash is abused.
7 months later, the World Cup is on the horizon and sentiment and buyers return.
Epstein does the same again, only with worse terms.
Why? To sign off a few small deals that would be announced by the end of October. In November he boasts that all our Brands will launch in January and MOS will be the biggest sports NFT provider in Mexico. He boasts that what he has up his sleeve will transform the Company, taking us to levels never seen before within 3, 6 or 12 months. We are 8 months in ffs.
He has taken us on a journey that has destroyed the SP from 0.4p to 0.08 in 16 months and you have championed him every step of the way.
Those that trusted him early 2022 need a 400% rise to get their money back.
Even worse is the Q&A which encouraged buyers at 0.27p even though he knew a Placing was being worked.
A disgusting way to treat his shareholders and he deserves every bit of criticism that is aimed at him.
As for sycophants like you who's sole purpose is to hoodwink people into believing this Company is performing, you make me sick.