Member Info for kramreklaw

It has never made £10s of millions of profit. This day was always inevitable. The Emperor never had any clothes on.

The problem with keeping up with equity > cash is this Board's rampant cash burn. Like the South Park sketch, "and it's gone..."

I think I know what the good news is.

They have managed to get their review score up from 3.8 to 3.9 on Fakepilot, with the deluge of very, very short and to the point 5-star verified reviews that started showing up in the last month or so.

Now why would a worthwhile investible company need to do that?

They've only lost £1 million of the cash pot this month and not the £3 million we're thinking?

There's a difference to bidding and just having a look at the Due Diligence because you fancy a good laugh.

Have all the "jump on this" day traders gone now?

US refuses to bail out SVB. Get the popcorn ready for tomorrow's stock market.

From a.n.other board:

firestorm9117 Mar '23 - 11:17 - 10842 of 10843
0 0 0
I have warned you all a pre-pack administration is coming. In the best case scenario, the business sells the assets to an entity at £2m-£3m and then delists, just like ITS. Management keeps their jobs to the detriment of shareholders.

There will be no buyers, and you get the rns in 4-5 weeks times about delisting or pre-pack administration.

Salvage what you can before it's too late for the inevitable 0p.

Regards,
F911
RMC

Can you imagine what the Due Diligence is going to throw up???

*had

*also, a vast amount more than that at one point

Thank you Paul, for sharing actual industry experience.

I would just like to add to this that there was always a feeling from sellers via traditional agency that their commission payment was supporting those who hadn't sold yet. But the PB pay anyway marketing fee flips this to unsuccessful sellers having their fee increase the fee paid to PB on behalf of successful sellers.

The gulf here being that on the one hand is a mardy person whining about paying for getting what they wanted out of the successful cash funds raised and in PB's case a potentially destitute individual having to fork out a not insignificant fee with no funds raised on their behalf.

One side of this will be far more livid than the other and eventually the real reputation outside of slick marketing would get out there and these are all dead online agencies walking.

What all time low SP do they have to drive this down to to correct said opinion?

Can you imagine what the Due Diligence is going to throw up?

*"You've got what massive legal payouts heading your way!!!*

Their... their conveyancing???

ThierryHenrysmirking.gif

I have never smoked before but I think that I would like to smoke whatever you and the author of this strategic review were smoking.

What happened to Maninthewoods?

A business so strong that it can be talked down by some randos on the internet. ThierryHenrysmirking.gif

Yes, Sain. How dare you miss out all the very, very genuine 5* {insert name} reviews like the Thomas Monahan one:

https://uk.trustpilot.com/reviews/598d83d5a64b41086cf3fdbf

How very dare you!

Wut?

Current cash burn into the treasury exceeds their own projected time to return to profitability. Cap in hand to investors lies in the future. Again.