Member Info for JezTheFez

Good man. Don't respond.

Worst thing we can all do now is smother this share with our own desired timeframes and our get rich quick ideologies. Best to give this the time it deserves to develop. I'm hoping that the shares exchange hands from the day traders to the investors in the interim to add a bit more stability to the share price. Seems a lot of the traders sold out on their 10-15% rise yesterday. Unfortunately though any sustained rise in the share price is going to be sold into by our good mates Atlas. They are like a noose around our neck in terms of the share price rising. Very frustrating and was one of Eric's numpty ideas that Chong has had to inherit. He could have raised that money by going via Primarybid and coming to we PI's asking for money. I suspect the take up would have been pretty good and good enough to raise the money he needed. One way of getting through the pain of these Atlas conversions is for MYSQ to be sold to e.g. Tencent. That way, Tencent take us on all and sundry and we get a price per share as a one off payment / dividend.

Yes, sorry...I was getting a bit mixed up with what the RNS meant. Now I understand. Cheers.

Atlas conversions, right? Means more money in our coffers and less money that Atlas has to now convert.

Sell another limb instead, Clumpet!

We now have Steve Austin on board aka The Bionic Man. With his lazar vision, I'm sure we'll be able to see a clear future! I agree with the recent comments regarding takeover. Today's RNS was IMO the first step towards eventually being absorbed by Tencent. Happy days. Stick with this one guys and gals. We're onto a winner here.

I bet Russell is kicking himself this morning after having sold out towards the end of last week. I did comment that it was a tad hasty because news was due to land and now that it has, I hope Russell rejoins us for what should be a very exciting next few months. Never sell at a loss is the moral of that story.

I think most of us saw what Eric was doing...or not doing for MYSQ as the case may be. I'm very glad he has finally gone. Can people now see why I said what I said about him? Now when I am invested here and indeed when I haven't been invested here, I was consistent in my feelings towards him. I've always been a good judge of character.

Clumpet this morning has probably regrown a leg like one of those lizards you see that regenerate themselves!! Hehe

I certainly grew another leg this morning out of all this excitement and positivity, but we won't go there!

GG79,

What's not crystal clear about the fact that MYSQ has entered into a historic agreement with Tencent??? That's not hearsay, mate. That's fact.

Eric will be queuing-up down the Job Centre at the moment looking at the janitorial jobs on offer as a stop-gap to kill some time. I wouldn't even trust him to clean my toilet come to think of it. He'd probably run off with it.

As I said last week, Eric is better suited to working for a PRIVATE company in lesser Toronto somewhere. I commend the company that will eventually take him on for their brevity - should he not be picking-up soap of course.

There's a whiff of burning shorts coming from Chris2p and chums this morning.

The news this morning was company changing in my opinion. Any mention of 'Tencent' is big, big news and actually doing business with them rather than just talking is even bigger. Why the market hasn't multi bagged this one this morning still baffles me. We deserve to be trading between 2p and 3p on the back of that news because it has much, much bigger implications than just the "historic WeChat Agreement". This strategic partnership bodes well for our future.

With more juicy news to land on the uprun to Christmas, we should finish the year in a much healthier position, share-price-wise. I'm feeling very encouraged by today's RNS and even more encouraged that Eric has finally seen sense and resigned. I think you're right though - he may have been tapped on the shoulder and asked to leave and as a consequence of this, given a severance pay. He has gotten us this far, but he's out of his depth from this point onwards. I suspect our replacement will drive the company forward, work even closer with Tencent to deliver our vision and get us moving towards a double digit share price.

Maybe Eric read some of the comments we were typing about him over the last week and so too were the Board who decided that shareholders didn't like him or trust him. Tencent may have had something to do with his exit and it could have been one of the conditions of them doing a deal with us because they didn't want their squeaky clean reputation tarnished by him and his past. Somebody mentioned that he has an upcoming court case on the 15th October? Not sure if this is true, but maybe he was pushed before the court case because the result could be unfavourable for him. Either way, I'm glad I can now focus my attentions on the positives rather than moan on about Eric the numpty mute. End of rant. And breathe...…..ahhhhhhhhhhhhhhhhhh.

Other key phrases that got my fez twitching are as follows....

"our historic WeChat agreement..."

"As the development phase of the company draws to a close....."

the Board believes that our relationship with Tencent and its partners is strategically important for the Company and we hope to build substantially upon it."

The above sentence is probably the main stand out sentence for me in this morning's RNS. Amazing.

Piers Pottinger, Chairman of MySQUAR, commented:
"The Company is delighted to have secured an agreement to provide advertising services directed at users of WeChat in Myanmar. WeChat is the world's most popular messaging service. This is a new and exciting new business line for the Company and, whilst revenues cannot be predicted, the Board believes that our relationship with Tencent and its partners is strategically important for the Company and we hope to build substantially upon it."
"We are sad that Eric is moving on as he has worked tirelessly to develop the MySQUAR platform over the past four years. From preparing the Company for AIM to today's announcement of our historic WeChat Agreement, his contribution has been invaluable. As the development phase of the Company draws to a close, the Company is seeking to appoint a new CEO with proven execution abilities to bring Eric's strategy to fruition and in the meantime the Board is grateful that Stephen Chong has taken on the CEO responsibilities pro tem. We wish Eric success with his new ventures and welcome Stephen Chong and Stephen Austin to the Board."

Any prudish feelings towards that RNS this morning should very quickly be eradicated. Do you honestly think an outfit like TENCENT would have entered into such an important arrangement with MYSQ as this if they weren't confident of it succeeding? A company as large as Tencent piggy backing onto MYSQ because we have what they so desire and that's first mover advantage into one of the fastest growing new economies on planet Earth. It also bodes well for our future too - i.e. being sold for many, many multiples to Tencent once the timing is right. Buy as many of these shares as you can.....lock and load and sit back and enjoy the ride!!

Last time the 'T' word was bandied around, the share price multi bagged. The market is perhaps still feeling a little bit of emotional overhang from the weekend. However, a day is a long time on AIM and today marks a new chapter for MYSQ. With Eric out of the way and a huge deal with Tencent done, it's full throttle from here IMO.

The market is very quickly waking-up to how big a deal this is and good to see the buys now coming in and the share price rising as a consequence. Why we aren't over 2p this morning baffles me. Should be heading towards 1.5p soon enough.

Everybody ignore Chris2p. The attention should be on that encouraging RNS this morning. Don't give him the air time he so craves for.

We are number 1 this morning in the LSE Top Share Chat Topics Board. Great to see...