Member Info for JezTheFez

Chris2?

Even you wouldn't have foresaw the share price being where it is today. Surely?
This is beyond crazy. Hope we get taken out ASAP.

It seems that yesterday's RNS's and positivity just inconveniently got in the way of what the horrible MM's wanted to do to the share price. They have been gagging to take this down and down and down and then down again. When will this attrition stop????? When we are at 0.0p perhaps? This is completely and utterly ridiculous. I hate AIM at the best of times, but this has just cemented my feelings even more today. 20%+ drops each trading day are just crazy. It would have been far easier if I had just peed my money down the drain. At least the pain would have only lasted 30 seconds.

Even the traders have been caught with their pants around their ankles hey, Babbler?!

Hurts doesn't it?

Chris2 was right. Should have listened to him.

Tin fez time for me. I'm heading to the bomb shelter. See you when the war is over.

#timetobuyatinfez

I don't think anybody is in profit at these levels. Nobody is coming on here boasting about the fact that they are doing well. That to me suggests that the MM's are doing what they are doing to get control of this stock again.

Gadz? Listen to the comments already made about the reason why MyPay sold their remaining shares and stop being a plank. If you want in then buy some. If not then jog on.

A lot of people on here are now seeing the potential of a takeover by Tencent and certainly a lot of what has been going on as of late could point to that happening. Given MYSQ's current cash position, it would seem logical to me for MYSQ to not fight-off any would-be buyer and to accept that perhaps right now, in order to save face the best thing would be to let it happen. As long as we don't get shafted by a low-ball offer, then I am all for it and the sooner that can happen the better.

And yes, perhaps the new CEO will be because by January 1st we would have been taken over by Tencent, so Pottinger in effect wouldn't have been telling porky pies. He mentioned that they have now shortlisted 5 candidates, so we'll see what happens by the New Year I guess. It could just be wishful thinking that we get taken over by Tencent so I'm just going to let it al play out, not sell any of my shares at a loss and trust that some time in the not too distant future, the share price starts to climb again. This is really tough going though. I ain't going to lie. I am now down thousands of pounds of paper loss like most of you and it's not a great feeling.

MM's have bashed this share enough. Leave it alone and let it breathe. Enough already.

Reads well and is extremely bullish and positive. PRIM means business going forward and with no debt, we are in an excellent position to strive forward. Love the last paragraph.

The Board believe we have all the elements in place now to achieve share price appreciation in the near-term. Our goal of growing the balance sheet substantially, we believe, can be achieved largely via the investments we already have in the portfolio, We have a strong liquidity position with adequate cash and shares to preclude us from the need to issue any shares to raise funds in the foreseeable future. We have no more project-level investments and therefore no more cash calls to finance out of existing cash reserves. All this means we can allow the time required to demonstrate the value within the existing portfolio in terms of trade sales and IPO without having to necessarily suffer dilution at unpalatable share prices. The Board is totally aligned to share price-based outcomes via large share purchases over the past year and looks forward to demonstrating more tangible results in the coming Quarter and into 2019.

Hey, at least we're top at something!

Takeover likely by the New Year IMO and hence the comment by the Chairman that a new CEO will be in place by.....err.....cough.....touch nose...….January 1st.

Usually touching one's nose after making a comment is a sign of a lie or can be deemed to be untruthful. Maybe it is because he like us knows what is just around the corner in terms of ownership.

lots of chunky buys now coming in. Looks like somebody has been buying in chunks of 2 million shares at a time. A sea of blue. Not surprised at these prices! Alas no more funds available for me to top up.

With MyPay out of the picture this is surely good news? This is to be expected. We get 100% of the remittance commissions and it also paves the way and makes it easier for a takeover by another company e.g. Tencent

You have to accept that Chong's first language isn't English. If you compare his English speaking now to when he was first on the scene, it has come on leaps and bounds if you ask me. You have to give him and Pottinger credit for coming out and doing an interview. I thought the video was generally positive and we appear to be moving in the right direction. It's good to hear that the new CEO's skillset will have to be heavily weighted on financial acumen given the big drive and concentration of efforts going forward with regards to remittances. That's where the big money is....in remittances. However, we have many strings to our bow unlike a lot of other tech' companies out there. Games, MM and advertising revenue to name a few of them.

So the mobile money app has already launched then......around the 6th / 7th of October.

Only the other day, I suggested that Chong and The Bionic Man go and have an interview with Andrew over at Proactive TV. Maybe they read my comments and agreed with me. Now we will hear what is happening about the state of play and about ES's departure straight from the horse's mouth.

Great news. Delighted with that because the silence was killing us.

MySQUAR, the Myanmar-language social media, entertainment and payments platform whose principal activity is to design, develop and commercialise Myanmar-focused internet-based mobile applications, is pleased to announce that Chairman Piers Pottinger and Interim CEO Stephen Chong have been interviewed about the Company's activities.
In a wide-ranging interview, they discuss Eric Schaer's recent departure as CEO, progress in the search for his replacement, the development of the Company's various business lines, new WeChat-related product launches and advances with the mobile money app, as well as other matters.
The full interview may be viewed via this link: https://www.youtube.com/watch?v=-4bWTiqBQvA

Gadz,

We're so bad that you hang around on this bb uttering your diatribe (aliaspc will be kept happy with my use of the word 'diatribe'). You must have plenty of time on your hands to kill. We thank you for attempting to rescue us all from this situation but we're all doing fine thanks and looking forward to the inevitable conclusion.

Have you bought in yet? Don't be one of those left on the sidelines before this goes whooooosh. You'll be burnt in the boom fire.

Really good points raised by Bunco. You could well be right with your observations. With Eric having gone, in effect the CEO has been paid-off and is now out of the picture ready for the new party to take over. Maybe Chong has already been promised a new job position by the would be buyer e.g. Tencent who like him. I believe he is Chinese too, which will be a bonus seeing as though Tencent is a Chinese company. The jostling around of shares and ownership is becoming more and more evident as the days progress. It wasn't long ago that it felt like they were being swapped out of view. Yesterday we saw vast amounts of shares being exchanged / swapped right in front of our very eyes in full view. That to me is a sign that things are entering their final stages in terms of a takeover. You also have to remember that Tencent haven't just arrived in the scene over the past couple of weeks. They have been in talks with us as far back as January this year whereupon it was likely Eric told them that we weren't ready to be sold. Either that or Tencent said you need to go away and achieve x,y,z before we approach you again. The big give away to me is Eric's sudden departure. It has to point to something strategically massive that is now playing out in full view. I'm holding my shares tight to my chest and seeing how this interesting situation plays out. GLA.

Fez

Mr. Magoo we love you!

Long Term Holders and hopefully soon to be rewarded. I jumped ship for a few months but I had the balls to come back this time with 6x my previous investment so I hope and pray that I have made the right choice because that was money reserved for SOU.

I love the way Mcsquares simply buys more and more shares as the price drops. The man has no fear. I hope he gets his just reward.

Let's see how this one plays-out. Interesting times though....that's for sure.

The appears to be a major jostling around for positions as shares change hand in vast swathes. OK so the share price took a hammering today, but the reason behind the drop is the exciting bit because IMO it points to an almost certain takeover. In fact, a lot of these recent moves look orchestrated / carefully coordinated and derampers have missed the bigger picture again in favour of slating the share. Share price could go into suspension soon with RNS stating that the company is subject to a takeover bid.

Chris2p? Still not in and you said you'd be a buyer at 0.8p? Unlike you, I am a man of my word and I bought in initially at the price I said I was before the predicted drop. About time you jump on board or go and bother somebody else on another bb because we're all happy to sit it out until the inevitable conclusion. A conclusion that will come a lot, lot sooner than people think and will IMO surely catch a lot of people out in terms of the timing.

Eric's departure started the process. He had to go for reasons already mentioned in recent posts. Tencent on the same day as announcing Eric's departure announce a joint working project with MYSQ. Isn't that all too convenient?! And now Chong is being instructed to keep his cards close to his chest as this whole game of chess plays-out. The Payments Licence being awarded to MYSQ is a formality because we would have never bought MyPay if we didn't realistically think we'd get it, coupled with the fact that Tencent wouldn't have gotten into bed with us or touched us with a barge pole if they had any doubts.

Will we get a takeover before the New Year? It seems likely. For what price? Many times where we are today because what we have is invaluable to a major despite our current market cap.

Don't get me wrong....I am very unhappy about the share price, but there is a logical reason why it is where it is at the moment. It's to allow the reptiles their slice of the cake before the conclusion plays-out. GLA and keep the faith. When this is all over, I'll help arrange a party / get together down in London and we'll have a few stiff drinks and a nice meal.

huge sale or buy???? what's this?