Member Info for JohnHenry

Im guessing once their expansion model takes a breather they may decide to hold some Bitcoin on their account.

Agreed Mozax however unless the company have a crystal ball its to risky as a business model to hold BTC at present.

Andinio ARB dont hold any coins on their books market to volatile, coins mined are sold same day. As a business to risky to hold.

strange beast ARB, out performs on BTC falling, under performs when BTC IS RISING.

BTC DOWN 5% ARB DOWN 10% BTC UP 10% ARB UP 5%

ARG are one of if not the most efficient miner. if ARGO don’t make money Mining then no miner does. If that was the case there would be no mining

What the market and investors are failing to see is that Argo is becoming an extremely successful business. BTC can hang atound $6000 . 8000 for the next 10 years and ARGO will be very profitable

Whimax are you that dense, on the 20th Dec the BOD started theat further funds would need to be raised within 4 months. 4 month period takes us to the 30th April. Therefore from the BOD statement, further funds will need to be raised by April. Jesus you are hard work.

Whimax try and be sensible m8 how else do you expect them to raise money, Lose making so the debt market is a non starter) why do you think they IPOed ?? to raise money in the equity market.

They will do another placing and raise through equity just like the other 3 occasions.

Please tell me how you think they will raise further funding ???????

As an investor you have to think on the odd occasion.

Words are from the directors not my words Whimax,

You can apologise in your next post.

FURTHER WORKING CAPITAL WILL BE REQUIRED WITHIN 4 MONTHS, 4 MONTHS FROM DEC TAKES US TO APRIL.

Boy i wish some peeps would learn to read.

Im guessing you didnt read the recent Prospectus for the placing TWAT4. Reasons for the Placing and use of proceeds
Pursuant to the Placing, the Company will receive net proceeds of approximately £354,000. The net
funds from the Placing are intended to provide resources to enable the Group to exploit the
opportunities and routes to market generated by the Group’s recent strategic partnerships and
collaborations. The Directors believe that the key opportunities are:
? Exploitation of partnership with careers organisations that are expected to provide national
exposure and a direct route to market for the Group’s careers guidance platform.
? Collaboration with a global hardware supplier which is expected to provide an opportunity and
direct route to market for the Group’s careers platforms globally, commencing in North
America in 2020.
The net Placing funds will, therefore, be used for the following purposes:
? Localisation of Launchpad and VICTAR platforms in order to subsequently roll them out
across North America.
? General working capital support to enable the Group exploit emerging opportunities across
the UK careers education sector
The Company operates in a fast moving, high growth sector. The directors anticipate that further
working capital will be required WITHIN 4 MONTHS, to enable the Group to fully commoditise its product
offer and to see the resulting revenue streams to maturity.

Intertrader couldnt sell any at present as there is no demand.

Barnard you are correct around 20-25 million to clear according to the latest register figures.

Also check out some of the the other significant holders via google.

Before IPO Jeffries had a 100% holding in a company worth around £4M, he now holds 57% of a company worth £4M, in 4 Months time he will probably hold 43% of a company worth £4M.

Is this really the guy you want as a CEO.

Tim Heaton hasnt purchased a single shares, No directors took part in the placing, hardly ooozes confidents.

If Jeffries doesnt take part in the next fund raise around April then his holding will be diluted down to around 43%.

Thankfully he is slowly loosing control of the company.

IPO spivs still have 25 million too sell. Another placing in 4 months, price 0.5p imho.

Circular is just a cut and paste from the last placing just a lot lower price.

JHolder Bidstack know the revenue numbers for 2019, all they are saying is due to this contract revenues for 2020 will see significantly increase. Revenue warning was due to this contract not appearing in Q4 2019.
Imho there will be a fair few more of these contracts during 2020.

Im guessing you recently got burnt and very bitter, as what you say is scaremongering tosh.

2019 revenues will probably come in around 100-200K. 2020 will certainly be 10-20X that, a material uplift in revenue.

Completely agree titmn, Peeps getting the knickers in a twist. Staement yesterday was to justify the materials uplift in revenues for 2020 comment in the trading update.. The recent contract for 10M per annum justifys that comment.
Its something Investors already knew however i guess complaints to the Nomad forced them too issue a clarifying statement.

The Board is pleased with recent progress and expects that its industry relationships will deliver a material uplift in revenues in 2020. However due to commitments previously anticipated to be recognised in 2019 having been delayed, it is clear that the Company will not now meet its revenue targets for 2019
Bidstack Group plc (AIM: BIDS), confirms that its announcement of 19 December 2019, regarding entering into a "Milestone Advertising Trading Agreement" with a global marketing services group, results in no change to its comments about the Company's revenues in 2019 and 2020 contained in its "Trading Update" announcement issued on 18 December 2019. At the time the Trading Update was released, the Board had already taken into account the potential impact of this agreement on its 2020 revenues, in anticipation that this agreement would eventually be signed.

Imho the news release yesterday is to justify this comment in the trading statement

"The Board is pleased with recent progress and expects that its industry relationships will deliver a material uplift in revenues in 2020".