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The person who dumped £40k worth towards the end of trading might be crying into their coffee in the morning IMO!
I'd love to be wrong but have to agree, they want nationwide rollout with territory managers in all locations by September! T3 manager still working his/her notice at local corner shop before he/she starts on 5th August. Wasnt he/she supposed to be in place and Brighton live in June originally?
I will eat my words if it happens but anybody with a bit of sense will take the nationwide managers being up and rolling by September with a pinch of salt. And it will be highly unlikely you got that pitch of salt from a restaurant signed up to BD.
I think there are a few overly optimistic people here regarding the short term "worth" of the company. It is currently in negative equity and is worth exactly nothing as it stands, due to having more liabilities than assets. Hence why the company is in this situation.
Although the funding to continue seems highly likely it doesn't mean the company is worth anything. It has made millions in losses for years, has a negative cash balance and if it does pull through it won't make profit for a while, and even then it will need to pay off debts as a priority.
I do think the future could be bright but its a long way off, people here seem to think its going to be magically rectified in a few months, and the SP is going to rocket up, we'll all make £1000's in the next few days! I can't see it to be honest.
All my personal view obviously.
So, I just viewed the video another few times, the bottom banner is possibly just a zoomed in view of the billboard and not what you would experience in-play??
And I'm presuming they have used BBC Sport logo as its also a sponsor of football manager??
Just curious
TheBig
I hope you mention you was only there because of the Bidstack video!
I have to say though, the banner at the bottom is a bit off putting (if you were playing the game), the billboards look normal but the bottom banner changing at the same time is a bit distracting I think.
And where does BBC Sport come into it?
The main short term issue with the SP is the fact they still need £4.5m funding. The SP last month was similar to current levels and the subscription of new shares was at 0.2p and equity/debt conversion was at 0.17p. All to raise approx £2m in total, now in need of double that amount meaning massive dilution in the coming weeks.
Will be a great buying opportunity once the shares are released though, they will surely have to be at a decent discount to get rid of such a large amount.
All just my personal opinion obviously.
ART
If you go into Playstore and click on the Bigdish app it says Bigdish - Restaurant Discount (Beta), then below it states "you are a Beta user for this app". Doesn't get much clearer really.
Just a note for people complaining about the app, it is still at BETA PHAZE, the whole purpose being to find and fix flaws in the software. There's an email address to inform them of any problems and I'm sure they will take on board suggestions.
The whole company is still in Beta PHAZE really, the core concept will stay the same but everything else will be tweeked until they find the best process for delivery.
I thought any investor surpassing 3% shareholding has to declare themselves via TR-1?
From the RNS regarding this, the Institution purchased nearly 10% of the enlarged current shares total.
Am I right in thinking there should have been a TR-1 following the Institutional Funding share issue "oversight"???
Still not seen one since, strange.
It seems to have crept under the radar that JW may have pulled out from DISH because of other reasons than meet the eye.
DISH had a contract with VOX markets for the social media coverage and interviews which DISH recently decided to cancel (when I wonder??). DISH have decided to recruit a Social Media manager rendering the VOX contract surplus to requirement.
Anyways, read for yourself:-
https://lemminginvestors.blogspot.com/?m=1
mart had pointed to this and I saw someone else who was aware tweeting VOX about the situation but had no reply.
RNS time!