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Seriously sam....you believe they ever invested in dish.

Isn’t LAC ventures part of bishop?

Can’t remember now

Not sure you can “secretly sell” would be issuing TR1s if he was.

But that’s unlikely.

Aidan will keep this mess going for as long as possible. Placing maybe?

Magic American institution
Loan where they don’t disclose interest rate?

This will drag on for a while longer

It has a loan JSmith. It would go bust, pay back the creditors and shareholders lose all money

I think at this point it’s as high a chance of losing all your money, as it is of doubling it.

JS I don’t understand you, telling daz it didn’t smell good but still you invest

I’m not saying dish won’t complete it, but why would companies pay for it? During the trial for the last 6 months what have dish given them? No delivery during lockdown? No super app?

And if this companies think the tech is so good, why not just buy it from dish when they are scrambling along the floor.

No Jsmith, as far as I’m concerned they can pull that deal at any point if they don’t feel dish have met their requirements.
One of them being take up of the saas which I just can’t see happening

It also stated the SPV is now in charge of the Uk part of dish as well, rather than just the international expansion.

Hmm

You are correct, I don’t hold shares. But your reason is wrong, I was going to invest when funding was secured so I didn’t face dilution risk, and at this point I can’t see what dish have done to secure their future, even if they get the $5million that can’t be used to pay the wages.

So you are topping up again Fast? That must be your 100th top up based on previous posts, at current share price you only need £120k worth of shares in order to issue a TR1, what have you been topping up? £10 at a time?

So I’ve followed dish for a year or so therefore feel I deserve to have an opinion when they don’t deliver. And literally at this point in time, they aren’t delivering

Tanya7 no longer exists, BobFisher no longer exists.

Completely mindless ramping and non existent holder.

What happened to me getting reported to the FCA for my accusations re the placing last year?

This company continuously disappoints by promising and then failing to deliver.

We are half way through November, what have the companies who signed up to the free trial actually seen? A lack of users and a now non existent app? How many of these will convert over to an SAAS model?

My guess will be very few, which then means the take up won’t be sufficient to receive the $5mil money which is planned on being put in an SPV.

They will then have 0 revenues coming, a £500k loan, which will not be converted as the lending company won’t want shares in dish.

As for their new change of direction, this won’t be revenue generating as they will just be holding equity in private companies (if they even manage to), so they will still need cash from somewhere.

For me this is a straight sell, I cannot see how dish recover from this.

So with that in mind, why do you think dish is the best place for your £20k to stay invested.

Purely because you don’t want to take the £50k loss

Yes Jsmith, but dish also needs to do 4x for you to hit break even.

If you had £20k in cash today, what would you do with that. And that should be the answer to your question of what to do with these shares.

Would you put that £20k in dish because you think it’s undervalued and has potential?

Sorry meant 3 scenarios.

And if you take the money out, next time invest it into maybe 10 companies to stop yourself have concentration risk

Agree with smithy and I’ve said this before Jsmith, but will put it in plain numbers:

You invested £100k (theoretically)

It’s now only worth £30k

You have 2 scenarios

Scenario 1, sell out, take the loss, admit the mistake and then spend 10 years trying to earn it back. Lesson learnt done make similar mistakes again

Scenario 2, stay invested and the company does really well, you recover all those losses. Happy days

Scenario 3, dish go bust. You lose the remaining £30k you have invested, bet you wish you took scenario 1.

But, what you have to be aware of JS is the option you choose from this point onwards is on you.

If you go with option 3 and end up losing it all. That’s on you. You need to take ownership for your decisions.

And you keep saying you can’t sell because of the losses, well how would you feel if you lost it all? Consider that

Yeah sometimes the soap blocks are of decent size

Okay, a question for you all.

A lot of restaurants/chains signed up for a free trial period. Seeing as the super app hasn’t been delivered yet, do you think they will have been impressed by dish to commit to a subscription based model on the 1st January?