The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I think you will probably hear nothing from City, until and if things actually turn around here. then he will be back with the 'I told you so'! Company in a bit of a tailspin at the moment, and using that muppet as the spokesperson has done no favours in building investor confidence!
I think a lot of people google NFT's and see headlines like Jake Paul NFT drops by thousands, but they don't bother to look at sports NFT's which have a huge demand. NBA NFT's have been popular and selling out for well over a year. MOS have been building this for months, i think the first drop showed that not only does the procedure and systems (i don't know the technical names) they have developed worked but also highlight the demand is there. One of my favourite movies says 'if you build it they will come' with MOS and sports NFT's i think it's more 'They are here, build it'.
It's a tough one for all invested. We want the company to grow, but at what expense?
After the zoom call the other week with Mark, he gave all who attended such confidence in what was happening and where the company was going. The NFT launch at the weekend was a fantastic success. Everything looked like it was in line with what we were being 'sold'.
The placing today has been sold to us as needed for growth, 'in particular to provide the resources to enable further NFT (Non-Fungible Token) contracts to be progressed'. The question ME needs to answer is simple, will the £1.2million at a disgusting 33% discount be offset by the revenue generated from the £1.2million? I doubt it.
Mark it's not growth if you need to keep doing this to progress! You said before you did the zoom call that you had a look on here to read some of the comments and you addressed some of those comments during that zoom call. Well get on VOX now and give some answers. FAST!
Having been on both ends of abuse, yes giving and receiving on here, it does nothing for new shareholders coming on board, or thinking of investing. Be it positive or negative can we keep it fact based, doesn't matter if you wish to buy or sell, but base it on facts and information at hand.
There is confirming the agreed sale price, there is no confirming the number of shares in issue because ABH simply doesn't know. Some of those who gave ABH more money after delisting never received share certs. He's dragging out the process long enough for his own legal security. I'm sorry folks, but this one is dead in the water and has been for years. The app never work, the demo never worked, the tech behind it did a basic function but ABH never progressed it beyond a heart rate and activity tracker. To think he will sort out a deal for the DaaP is beyond a joke.
Talk to some of the people who worked in Cloudtag, none will go on record for fear of legal action, but all will say there was nothing there. It was a cash cow for ABH, nothing more, nothing less. CloudTag was the keyser soze of the tec world. It never existed.
Why do you think Pavelka pulled his name from it? It didn't work!!
Why did do you think Yuval walked out, again afraid to go on record!
There will be no 'short pause' there will be another false statement put on the website, stating further delays due to share number issues, or stating the deal has fallen through due to a disagreement on the value of the 'tech'.
Folks this isn't even over, because it never truly got started.
Things take time to build, and we have seen that ME is seeking new contracts with other teams. It's not going to happen over night, but they are doing exactly as they said they would.