The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
A frustrating hold for sure, but would definitely not recommend anyone selling at this ridiculous low price. Was very tempted myself to sell when we hit the 4s in April 2020 thinking this would never recover, 6 months later we were at 12p. A few months after that at 15p or thereabouts. Any sniff of an IPO/uplist/M&A and this will recover nicely like it has done many times before.
https://businesscann.com/how-britains-three-crown-dependencies-are-stealing-a-cannabis-march-on-the-mainland/
"But new guidance issued in Guernsey means firms can invest in recreational cannabis if it is lawful in the country of origin."
Looks like Guernsey is actually ahead of the UK in this respect .
So I assume that SEED's inability to invest in recreational is down to them being listed in the UK?
So looks to me like IMG Arena are putting in more than SEED (750k vs 450k), which is surely a positive sign as it's a vote of confidence and means they are looking to increase their ownership by a bigger margin than SEED.
I found the page I was talking about in my browsing history. It's still a live web page but the link to it from the IMG Arena website has been removed (I think as I can't see it anywhere, it used to be on the main virtuals page). Probably insignificant anyway but thought it was a bit strange.
https://www.imgarena.com/salesportal/virtuals
That's not the page I'm talking about. It was a page on the IMG Arena website with demos for most of LEAP's games including the official Golf. It used to be there and has now been removed by the looks of it. It was an observation that's all.
Is the page with all the virtual sports and slots demos still there? I can't seem to find it anymore. I'm not talking about this main virtual sports page
https://www.imgarena.com/products/virtuals
Seriously starting to wonder if this whole LEAP IPO business is just a charade to keep the share price from imploding completely and allowing a large holder to exit. A large holder who happens to be the mother of Leap's 'board observer'. You couldn't make it up.
Meanwhile IMG Arena seem to have removed their virtual sports and casino demo page and their website also seems to have no mention at all of official virtual tennis, golf or Nascar games. What's going on?
The thing that really bothers me about Leap is the secrecy surrounding basic financial metrics like revenue, apparently for confidentiality reasons. Especially since this info used to be published in FFWD's corporate updates a few years ago and, in the case of an IPO, much more detailed financial info would need to be made publically available anyway. There may be a very good reason for it but it does come across a bit suspicious.
How can you expect more people to invest if they don't even have basic financial info to base their decisions on?
It puzzles me...
It's possible Ed has been granted share options in Leap as part of his remuneration package as non executive director. This would mean he is actually more aligned with SEED shareholders than would appear on the surface. Just a thought...
I am a bit concerned that Lorne's mum has been selling her shares especially as Leap's IPO is supposed to be imminent and with Lorne still being a 'board observer' of Leap (so he knows exactly what's going on), but then it's difficult to second guess anyone's motivation for selling.
Fair enough Doggo, I'll take that one on the chin and will apologise to you on this occasion. There does seem to be a link between the two companies. Doesn't quite make up for the years of hyperbolic ramping and belittling people but it does prove that even a broken clock will be right twice a day.
I'll reserve my judgement about the Factom deal until we are finally graced with an official update. If it turns out that SEED do end up with more or less 0.2% of Inveniam, then I will begrudgingly owe you another apology.
Doggo remember when this was posted last year and you checked with your 'sources' and confirmed it was likely 99% genuine? Turned out to be complete nonsense as usual! No deramping here just exposing you for the charlatan that you are.
https://mobile.twitter.com/Crypto_Krill/status/1310635849432748032?s=19