It is curious. Is it that the cash has been received but they haven't bothered updating shareholders, or that they haven't got the cash and haven't bothered to offer shareholders any explanation as to why? Neither is a great look.
We can but hope Stimpy. Loads of the spam has been wiped now, so hopefully the warning he's received will have the desired effect.
Lol, this should be good.
"As there is no disclosure for the 10% holding, I am a little sceptical."
Yes, given the source of the claims and the lack of disclosure, I can only believe that it's total hogwash. At least most of the spam from Friday afternoon has now been wiped.
Interesting that has been no RNS confirming the return of the last of the Dallas money. The interim results said it was due to be received on October 31st. It's now November 4th and not a peep. Challenger comms team living down to expectations as ever.
You might need to try that one again mannnan. That didn't make any sense whatsoever.
Baz - I appreciate what you're saying, but he contributes less than nothing. Cutting and pasting bits of old RNS in between messages like 'New investors are afraid to lose' and 'Good Times in still lower prices 0.17 buy' just clogs up the board with drivel and prevents any actual discussion. He needs to give it a rest.
Jetski, I thought we agreed you were going to condense your mindless rubbish in to one or two posts each day, instead of constantly spamming the board with nonsense and cut & paste sections of RNS documents?
Illustrates the difference rather nicely doesn't it?
Fitbit: A company with a strong global track record of releasing innovative, keenly-priced, mass-market products. Each new product is an iterative improvement on the last. It is worth something.
Cloudtag: A company with no track record of ever producing anything tangible, despite rumours of a broad hodgepodge of ideas ranging from heartbeat monitoring to 'blockchain'. Now squirreled away in a offshore location known for its opacity. It is worth nothing.
Ignore him Baz. He's an idiot.
Probably for the best, utter nonsense as it was.
The final $25,000 from the Dallas project was due to be returned yesterday, so we should see an RNS to that effect before long.
"Great... so Amit's now decided it's worth "commenting on" (not that he did) a paper talking generally about diet and physical activity apps that was published... wait for it... a whole three and a half years ago."
That is hilarious. He's basically just trolling the people whose money he squandered at this point. Sorry Dougal.
"I know you are not expecting anything, but take it you still have some sort of holding."
Indeed so.
I bet he does. He wanted the Jakarta wheel contract signed and for the NY Wheel & StarSanctum not to fall over as well, but here we are...
You're not wrong, but the key difference is that this company doesn't have any assets. Every investment it has entered in to (NY Wheel, Dallas Wheel, Star Sanctum, the Jakarta project which never happened) has failed. It's now rapidly running out of road - a tiny, ever-dwindling cash pile and a share price in the toilet.
If there's some miracle RTO to be had, then it needs to happen soon. Naturally the CEO hasn't bothered to update investors on what he's actually doing, so he might just as easily be trying to buy a burger van for all we know.
Lol. Always good to see a new face here. Expect an RNS tomorrow or Friday, confirming the return of the last of the cash from the failed Dallas Wheel investment. After that, the clock is well and truly ticking.
Best of luck with your buy.
Delisting perhaps?
So you have absolutely no idea whatsoever then? Thought not.
I hope you're not playing with real money.
No, that's just copying/pasting from the interim results. I asked you how long you think that $25k will last and to explain your thinking. Try again.
How long do you think that £40k will last? Show your workings...
Well done Jetski - more totally incoherent drivel.
"Amit can just happily continue to leave things exactly as they are - and I am sure he will."
Indeed so. The final whistle has blown, the floodlights have been switched off, the ball has burst and the rest of the players have all gone home. Meanwhile, Dougal remains on the pitch, plotting his next move.