Member Info for JezTheFez

May I also remind you that I was invested here since 2014, so I like anybody else have a right to post my thoughts and comments on this bb and any other share bb that I am not invested in. Not everything I say on a bb is going to be wrapped-up in candyfloss.

StMary - I'm trying to help some of you see the error of your ways. People like you have never listened to or heeded my advice and yet you'll be the first one to come on here shouting your expletives when this debacle wraps-up. I've seen it time and time again this year and people just won't learn. Hence why I have suggested that you go and take your dog for a walk, get some fresh air and write this investment off. Sick and tired of your moaning.

St. Mary - I think it's time you took your pooch for a stroll.

StMary - you like others are making the classic mistake when viewing the recent raise in the way you do. Firstly, the company lending the money charged a decent upfront fee for the privilege and secondly, it wouldn't at all surprise me if the shares were forward sold for a reasonable profit. It was a win-win for SOU and the company lending them the money. It wouldn't surprise me if the shares that were forward sold have already been dumped onto the market or are in the process of being dumped onto the market. The share price, yesterday for example was sat at a higher price than the raise price, because the usual morons jumped-in hoping there would be some sort of bounce back up again to 3p. The only way I can see the share price heading is downwards, through the 1p's and who knows....maybe even lower. Even the most positive PI on here, Crudehope, has held back from "topping-up" because he probably believes the share price could head further south. And even if people do top-up, I suspect it will be mostly traders trying to make a quick 10-15% so that they have some beer money before the weekend. Oh and to cover and last minute Christmas present buying. Call me cynical but I just don't see a happy conclusion here. And why aren't there any Director buys taking place at these levels to evoke some confidence? Are we in a 'closed period' or is it because they just don't want any more of these shares? You "do the math."

I think Marco will just have to hold his hand in the air and stomach the losses as we have had to do. I can't see how he is going to get back that circa 29 million Euros that is owing to him, unless he manages to sell-off the company for at least that price? It's quite difficult correctly predicting how this circus show is going to pan-out from a financial perspective other than to deduce from the latest raise that they are running out of dosh very quickly. When the £1.35 million is spent from the recent raise, then what will happen then? Another raise perhaps at an even more discounted rate? I still maintain a target price of 0.0p here - simply down to the fact that I believe they are running out of money / will run out of money if/when the "deal" doesn't go through by February 14th 2020.

I'm sorry to say it, but I don't think there will be a deal with that UK private limited company, whoever they are. I have been right about most of my other predictions here and the vibe I am getting from the recent raise is one of total financial desperation. Don't even get me started about what I think will happen regarding SM.

The raise has IMHO just bought those "in the know" a little more time to clean the office down after their Christmas bash and before the lights are switched-off at Sevenoaks HQ and that other small office that JP hides in according to N4apound.

On the subject of which, has anybody seen or heard from N4aPound? He was last seen with his Thermos flask and Bresser binoculars, sat-out in his Austin Metro at M&S Sevenoaks car-park. I wouldn't be surprised if he's still there awaiting some sort of 'Liquidity Event'. The only Liquidity Event he'll get to experience will be because he can't hold his pee in as he sits it out.

What a sorry state of affairs this has turned out to be. Poor old Bavani on the SOU Facebook page has lost tens of thousands of pounds. I recall having many chats with her when we were being told that a financial legacy was going to be left for us and our families by a certain somebody at The Gherkin. I was there to witness it all for myself and recall thinking that this seemed too good to be true.....and it was.

Don't get fooled again, guys and gals. I can't see much more of a future here. I see the company folding / delisting some time in Q1 2020 and if it doesn't, then expect more dilution after dilution. Anything to keep the lights on and wages being paid. Don't throw good money after bad money. I say this, as this is exactly what I did with MYSQ and it just added to my overall losses.

#maythefezbewithyou

The SOU baby was born as a still birth.

Another one of Justin Waite's share tips that has gone to the dogs. Glad I didn't invest in this dog of a share. 3p here we come.

I suspect the money will be used to pay wages, potential severance payments and other fees associated with keeping the lights on for a tad longer. I would exercise great caution throwing any more of your money at this one. It feels like a bottomless pit at the moment. Where will the bottom be? Just when you think that the share price can't stoop any lower then invariably it does. Chasing my tail at MYSQ has taught me never to throw money at a share that is down trending. I know greed sometimes takes over and you may make a quick buck or two, but you could also lose the whole lot in a flash. Just be careful, guys and gals. I think the price could go lower on the back of no exciting news.

Tombi - yeah but the company who leant the money charged a fee for the privilege and assuming their shares were forward sold, probably made a tidy profit too. Lyndon? There's the answer to your question, pal.

whOsthefather.....

They are desperate for cash, mate. They need the money to pay their wages, to cover the Christmas party and ultimately for their severance payments and Rothschild fees.

Lyndon - I am bloated on beetroot infused smoked salmon with gold dust and lumpfish caviar. A great way to die.

Longwait - stop behaving like a moaning numpty. What happened to the festive cheer on this bb? Maybe you should change your name to, "VeryLongWait" before you pootle off. Pains you that I was right, doesn't it?

The new Ordinary Shares will, when issued, rank pari passu in all respects with the Company's existing Ordinary Shares. Application will be made for the new Ordinary Shares to be admitted to trading on AIM and admission is expected to take place at 8.00 a.m. on 13 January 2020.

More churn in the New Year then. Hey, at least it looks like they will still be in business in January. You can all go and have an enjoyable Christmas now.

Partridge in a pear tree.....

That's all well and good, but didn't they pause momentarily to think about what impact this raise would have on PI's sentiment? As long as they have their mushes in the money trough then I guess not.

I have to say, I'm still surprised you have the gall to fly around unscathed during this festive period. Shouldn't you be in somebody's chest freezer by now, waiting to be served with sprouts and parsnips? At least you don't have to spend all of your time dissing RGM investors on their BB. There's more drama on here at the moment anyway.

I wonder if Crudenohope managed to get his fabled final top-up at sub 2p this morning? I reckon he did and if he had any sense, would have already sold them and banked the profits. That's his annual cruise paid for, courtesy of SOU and their begging bowl. When are you people going to stop buying these golden showers....err I mean golden tickets? Have you heard of, "Fools Gold?" Yeah, well that's the sort of gold we're talking about here. Not even the gold dust on my Lidl beetroot-infused smoked salmon was fake.

I tend to agree. After another one or two more share dilutions, you guys could be looking at a share consolidation of around 10:1 IMHO.

It's not even a share worth trading IMHO. Even the traders are being caught with their pants down. You couldn't make it up if you tried!! The shorters are so short they need to drop a few pounds in order to fit back into their clothes again.

As Elvis once said, "only fools rush in."
The greedy ones are grabbing shares now whilst the savvy ones are waiting for the feeding frenzy to die down. I reckon there'll be plenty more fun and games taking place over the next couple of weeks. Enough for me to keep my finger away from the 'buy' button. Never try catching a falling knife. You may get cut.

I think it's about time Malcy looked to somebody else to have his supply of pies delivered in time for Christmas.