Member Info for kramreklaw

The word 'if' here is doing some huge lifting given this company's record:

"20% - 35% profit if £2m is paid to shareholders"

STOP POSTING COLD HARD FACTS, SAIN!!!

It's called running out of money FAST.

And, like clockwork, From this afternoon's RNS: "The reason leading to Lecram's decision not to proceed is, principally, that the financial condition of Purplebricks was found to be significantly worse than expected." Colour we 'derampers' shocked.

It trades to 16th June with a fair wind and the grace of the gods.

This might be it (finally).

This is 'stay afloat' money, trying to eek out enough to get the deal through with Strike.

*week (not weeks) ;)

Sain, by my quick calculations, once they get this month's salaries through, the figure you mention is ALL THEY'VE GOT LEFT at the bank.

Squeaky bum time for that 'deal'...

Hello Tuan6. I have December 22 on the phone for you. They'd like to give you a quick update.

you want to know? okay.

sadly the emperor's new clothes that applies to purplebricks also applies to any form of regulation enforcement in this country, sadly. purplebricks has traded illegally from day 1. and they have barely been picked up on any of it. a group of like-minded individuals have accidentally stumbled into being the only people in the country trying to hold these shysters to account. 1 even ended up in court having to defend himself from them (and he won, obviously). we knew it was always going to end like this and here we are, an absolute trash fire of a company.

if you know me, then you would know i couldn't give 1 hoot for shareholders. but even i felt moved to get off my **** and do something to try and protect them from the million deceptions purplebricks has wrought on them in its history. it would be lovely if the authorities got off theirs too. but don't hold your breath.

"THERE'S BEEN A RAPE!"

404x is spot on and it will be zero £, one way or another...

Oh I'm just here for a welfare check on a "Laura".

Do we have a "Laura" here?

"Laura?"

You still think there is a bidding process?

Sit down and let me tell you about the day's events...

How many times do I have to say that they have to get this done before the end of June or find a sudden cash donor or this is going to the Choir Invisible?

Slugmum2000, the cash burn *was* £1 - 2 million per month, but on their latest figures they have accelerated that to £4 - 5 million per month. Hence the need for some haste...

Woodstock, the brand name of a Pay Up Front outfit that goes bust with that money is MUD.

Oh Sain, I love you!

Yes, I too am struggling to see the issue. They lose £2k per transaction currently. Nope, I don't know why this is hemorrhaging money. It's a mystery to me. Almost like saying "we can fo it for £1k / free" etc is a bare faced lie. Hard to see how they've reached this point today. Boy, I don't know...