Member Info for JoeyDiamond

This morning this share going to 10p by end of the week, this afternoon the end is nigh! The fickleness of day traders :)

I think he was reffering to Dexamethasone

Check 12 August RNS

No huge Triller Growth simply means more revenue for 7DIG due to the contract they have.

RNS mentions...

The interim results have been prepared on a going concern basis which assumes that the Group will be able to continue trading for the foreseeable future. Although an operating loss has been reported for the reporting period and an operating loss is expected to be incurred in the 12 months subsequent to the date of this report, the Directors believe, having considered all available information, including the cash resources currently available to the Group and the Company's proven ability to raise further equity funds from its supportive shareholder base, that the Group will have sufficient funds to meet its expected committed and contractual expenditure for the foreseeable future. Thus, the Directors continue to adopt the going concern basis of accounting in preparing the interim financial report for the period ended 30 June 2020.

Thats not good news sadly.

Very possible for over 15p, there is alot of buying pressure now

Like alot of us this morning some twitter peeps buying in, no wonder lack of shares :)

https://twitter.com/MylesMcNulty/status/1295660683544137730

2nd biggets star Charli D’Amelio also now have a Triller account.

The biggest earning Tiktok star is a young girl called Addison Rae who has with 54.2 million followers! Earnt over 5 million dollars lip syncing and dancing to songs. Crazy haha

Addison Rae now has a Triller account ;)

Clever try and poach the biggest stars to your platform and their followers come too.

Indeed a Kardashian on board Triller platform is the biggest short term news item that would propel the SP here.

How sad society is though when a Kardashian has such social influence.

Thats the key to success here if our kids like it, such is society today social media apps/trends can be gone overnight :)

I was denied 20k share buy today with HL they would only offer 10k shares at a time.

I do think this may 'pop' as people like to say :0

Classic price action trap the over zealous bulls first thing in the morning and then quickly drop the price causing a panic.

Some more good news Triller is actively targeting the A list celebs to join their app.

Justin Bieber, Rita Ora, and Kevin Hart are also on Triller.

I had alot of time on my hands tonight so read up on Amigo and JB. His twitter feed and blogs were interesting to say the least. Crazy story he selling out completely in order to force a vote to get rid of the board and put his own team in.

However by his own admission the business model no longer works and they can no longer carry on providing loans due to FCA/FOS changing the affordability/irresponsible loan criteria etc.

My question is has JB and the new team got a new vision/plan for providing loans? Or is the company survival pretty much based on the judicial review of the FCA/FOS changing the affordability/irresponsible loan criteria? This is the part I can't figure out.

Yes so keeping track of Trillers new account signups / total accounts is a great way to try and value this share. Each new active account is in theory more revenue for 7DIG.

From recent RNS

'The new agreement is for an initial minimum term of 18 months and commences immediately. The Company will receive both a monthly licensing fee and usage-based payments to capture Triller's future growth.'

Usage base payments based on growth is the interesting bit. Need to research what this payment may be. Seems a good idea to me.

Just read that in India after banning Tiktok people are reverting to using Triller. 40 million downloads of the App in india alone since last month.

Couple that with $300 million worth of potential investment in the app in promotion/endorsements/development there is a good chance this can take alot of market share from tiktok.

As an aim punt there is a good chance of 7DIG bagging a few times.

Yes there is ongoing research now into the after effects of Covid-19 and they don't make for pleasent reading.

Heart problems and breathing difficulties are common even in young and healthy people. The full scale of Covid-19 and the health problems resulting from it are going to be massive.

The company won't be sold cheap by the board as the shareholders will have to vote on any takeover etc.

I dont have the exact numbers to hand but approx 50% company is now in big players hands so theres no chance they will let it go cheap.