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I’d much rather be too early than too late. We’ll just hang on here waiting for it to catch on…
…and another one!
We’ve only gone and done it again!
The share that keeps on giving…
These are the same US states that can eat their own weight in meat in one sitting. They are the ones responsible for the decimation of the rain forests. Regrettably they do not have a clue what is going on in the world.
Fallingknife, you are dead right about the 76.8%, it should read -76.8%, this is an appalling error, but fortunately it does only relate to inventory and the purchase of cashews, so the actual figures are not too alarming.
I'm sure some of them will be buys...anything around the 8.60 mark will be a buy.
I’m assuming we’ll all find out this was just a big ruse in a few days time. Old Draper…was is he like!
I sold a large holding before administration, I made a substantial loss and despite not holding until the end I do believe there should be some recourse if it is deemed any wrong doing took place.
Clearly Draper had this on the cards when he set up the new company some months ago. This outcome was engineered from within, and many long term holders lost money by putting faith in the understanding the company was being run honestly and transparently. It clearly wasn’t.
This share was tipped heavily by Alan Green, the kiss of death on most investments, big advocate of Bidstack. He tipped it on Vox Podcast with James Waite and I have been loosely following them since. Quite hilarious really, at the time I think they were 2.6p, October last year, today 1.13p, I don't know how he picks them!
If they go under 1p (which wouldn't surprise me) I might have a flutter. It's no more than gambling really though.
Anics owns just over 40% of Meatly, so not unsubstantial. This SP is crazy!
Regrettably, you are right Chancers, James Draper demonstrated a naivety and deceitfulness from Day 1. He has let so many people down. He offered places on his board of advisors to big names within the industry, in return for a share of the spoils. By his own admission he reached out to these people, they didn't come looking for him. Their association with the Company was insubstantial and misleading. He bought a good business in Pubguard, in exchange for shares and the promise of some future riches. He over hyped this business on every occasion, alluding to deals around the corner and future earnings that were simply not credible. Remember the winter break promise.
He wanted it to work, but I always sensed he suffered from imposter syndrome, I'm just not so sure about the syndrome part now. He ramped, he misled, he promised, he took a huge amount of money out the company, he drove around looking like the big 'I am'.
There isn't much more to say, really. He wasn't the Messiah, he was just a very naughty boy!
This new website notice is really worrying.
Why would a company pull a perfectly acceptable website and leave a notice up saying new website coming! This makes no sense, surely you would keep the old website running until you were ready with the new one. Very odd...
Full marks for the regular RNS's, they are certainly trying, even if it is the same old stuff!
Not sure if you all picked up on this but Bids have just updated their logo. In my opinion there is one of two explanations for this:
1. They are completely mad and decided to spend some of the money they don’t have getting this redesigned.
2. There ‘design team’ are trying to find things to do to keep themselves looking busy.
Can’t think of any other reason for wasting their time doing this, at this pivotal moment in time!
Let’s not forget his claim, recorded in an interview that the share price ought to be 20x the 32p it was at the time. The guy is just an idiot, what a ridiculously naive thing to come out with. He’s so stupid he’s actually dangerous.
Jarv - A 10m raise at at 0.2p would create 5 billion new shares...be sensible!
I really cannot see Bidstack signing up any new clients after this news. They have more or less declared that they may not be around in a couple of months time. It would be a waste of time and effort getting involved with them, developing 'in game' adverts that may well never run.
Regrettably, when a company loses credibility it all goes downhill very quickly...ask Gerald Ratner...
Not sure what the IP is worth, too many other companies already at the trough.
I’m sure if it was worth something they could make a mess of selling it, and they already owe on the initial drawdown, will need to clear the debt!
What assets? I hear you all ask!
So they’ve had the lifeline from Azerion, spent most of that, no mention of any income…sounds like this is an early warning of what’s around the corner!
Oh dear, oh dear…and one more, Oh dear!