Member Info for JOHN112334

The overall trend is fund level shorters are reducing. We should epxect Whitebox (0.49%) to completely close this week.

There will always be opportunitic flux like this before big news. Last week's RNS was as huge 'nothing burger' as someone on twitter said but was used as a catalyst to move the SP down.

The level of buying and selling (size wise) has been huge yet we still haven't seen any increase or reduction in II positions in the last few months.

Expect this to gather strength the rest of the week. Ignore the obvious shorters on the board. It's obvious who they are.

When shorters are closing they need complicit sellers. What you are seeing there is an aggregated sell from all the close buys.

As this needs to go 400-500% upward, the only chance of this increasing and maintaining a price is if they land a £10-15m contract from here.

Chances are zero if previous performance is anything to go by.

Matlock - FCA/PRA always want a sacreficial lamb. It's to show penitance to the regulators. It goes a long way to securing a better 'deal' or outcome and is quite normal.

I'd suggest the board move this week (RNS) is highly telling that the FCA will recommend some measure implemented that they will track via S133s, hence the board oversight. Also, the move indicates that the FCA beleives the problem was a lack of oversight and disconnection with key reporting at board level.

In all, I sense the FCA report will be cutting but not punative and highly manageable. There was a reason 3 funds reduced this week and there has been so much volume turnbulance. These 'drops' are indicative of positioning and I expect the stock to be well north of this position very soon.

Your a shorter Dogger. Everyone knows it.

When ever the funds take the price down to blow stop losses, you really get to know who the shorters are on this board. Out in force today.

Pretty obvious the hedge funds are in a hurry to close out. That RNS last night was pointless and felt more like a 'coded message to the market' . Hence the fund bum rush to convert to longs at the cheapest price possible. Notice they use the cirtical 08.30/09.30 time window to do , knowing that most people are on their commute or getting into work. A lot of people retruning home tonight with blown out stop losses.

This will finish blue tonight and keep and eye on those short reductions later/Monday.

Something is clearly brewing.

All those idiots kicking me yesterday when I was saying this was a pump and dump. Well.........

If they have contracts , where are they? Why rush to release a 'meh' website which adds no material value to the company?

It's all smoke and mirrors for the fund position. How short people's memories are.

it will never get back to 0.25.

I'm just sick of the games.

WHERE ARE THE CONTRACTS.

6 months to come up with a GoDADDY quality website.
No Director buys? Why?
No Shareholder List
No £1m Contract Client.

Just keep in mind who you are dealing with here.

Boys - Don't concentrate on me. Concentrate on the DUMP that is happening now.

AM544 - You know about their debt liabilities then?

As I said I have probably an unreachable average here.

But you have to keep reminding yourself....Sefton.....EHOG

Short - It would be impossible to short this stock.

I'm trapped at 0.25 . Don't think we'll get anywhere near it. Like most , just take a hit on this.

AM544 - It's a pump and dump for the fund. Any idiot can see that and most likely they have run out of money. Their cash burn is likely £130k a month?

Why have the directors still no skin in the game, even when the price dropped so low?

Where are the contracts. Surely putting a website out before the money deals is like a slap in the face.

You guys aren't getting suspicious yet?

Girl you haven't spoken too in months suddenly can't stop calling you. She's pregnant.

I bet they have 'several in documentation stage'

That website could have been put together in a weekend.

As someone on twiiter has pointed out. How come something you can do on Wix in a matter of hours has taken them 6 months?

The whole thing is being run for the benefit of the fund. This is why their comms are so poor. They don't need you but they need you money at certain points to help the fund move amounts.

The directors still don't have skin in the game. Why didn't they buy when the SP was 0.07?????

What do they know?

Because I"ve been trapped in this thing since March. Averaged down like made and got nowhere.

Like everyone else , just waiting to sell as soon as I can.

ON - Why haven't they detailed contracts before this website. Surely they would have been wiser to conbine the website announcement in with a modest contract, to show things are really moving.

If if if. This stock has been 'if-fy'

They announced that £1m contract months ago but didn't announce who it was with, which means it probably doesn't exsist or worse, they are current burning money working on it but are too scared of what investors will think. Chances are it's an interative agreement. So the entire thing is worht £1m but they are drip fed it based on performance. That's ain't a £1m contract.

The timing of this RNS today seems very odd and is no doubt aimed at provding relief for the fund.

As someone mentioned on Twitter, the thing looks like it took 20 mins to put together.