Member Info for Lothbury

Why isn’t Mark Barry and his 7%+ shareholding being more active with this mess?

At 17.03 the Company issued a correct RNS with the AGM now in 2024. Someone ar MoS or their advisors are ready the comments on this BB. Anyone going to the AGM?

I question if MoS will be alive long enough for the March/April trading report.

In todays “Final” Statement and AGM Notice it says that the AGM will be held at “… noon on 31 January 2023 at Panmure Gordon, 40 Gracechurch Street, London, EC3V 0BT…”. Not even Panmure Gordon is interested in announcements to the Shareholders. Something so important and simple and these bunch of Corporate Hooligans don’t bother proof reading. This is tragic.

Morning Dave (weedavemac). I totally agree with you. You don’t have to justify to anyone what you do and why. I think we are all dumbfounded by the situation and would be grateful for any viewpoint you may have to keep our spirits up with this investment. Is there something that many of us have missed? Your guidance, observation and founded opinion would be very much appreciated.

Hepseal.. very interesting. Regretfully, Ignite only needs to file micro accounts, which show 100% of nothing. What the various posts COULD BE ALLUDING TO is that the MoS Directors take Options in lieu of salary but MoS pay Ignite £xxx’s and Ignite pay their Directors/ consultants etc (all of whom are associated with MoS) a salary or consultant fees? I wonder what MoS received from Ignite for their £197,480? Barry, anyone with greater MoS knowledge than us - please enlighten us.

And the 2023 Winners are: The Auditors with a fee of £96,000. Never read such a qualified Going Concern Statement. I think I may attend the AGM… if only to have a drink with fellow investors and provide a shoulder to support “Barry” and his 7%.

Good morning “berniebassett”.. apologies:: results issued 48 hours earlier but still the same principal (at the last it opportune moment whilst recovering from over-indulgence in the last few days revelry). Huge losses .. probably won’t have managed to get a “Going Concern” statement without the recent raise .. but, hey ho.. enough cash in bank for salaries and expenses for next 12 months and hope we can find another business sector to pitch our story to new investors.

29 Dec :: last possible minute awful set of results / reality…

Friday 29th December / watch this space… 😩

I wrote a post about 4 hours ago and it’s vanished. Has this happened to anyone else? It wasn’t defamatory or personal.. it said :: don’t buy any Placings etc.. let the initial shareholders now finance the company .. you’ll either go down with them or ride on the back of their success.

Weedavemac:: accept your loss to date… let the people who have already taken out serious money (Krunch payment) take up the offer … they will; if they don’t then they’ll loose everything and whilst there is a chance of getting some money back they will continue to support. Invest your money elsewhere… The Warrants aren’t and won’t be worth a bean.

Don’t understand why Charwell sold in such a fashion as the Company, with its large cash balances, could have bought the entire holding. No Directors buying, under these circumstances , tells me that something may be afoot.. I think at this price it’s tremendously undervalued depending on what the various business are valued on a stand alone basis.

The accounts need to be delivered in the next few days.. whilst there may be a few financial bits of smoke & mirrors and upbeat comments about the future project of selling freezers to the eskimos .. I know that none of you (well the majority with the heads screwed on and not in the clouds) will take the figures apart and bring reality to the situation that the company has been put into by the BoD and fellow cohorts. It’s a sad fairytale.. BUT it’s Crimbo and Santa may find a mug to buy this company for loads of dosh (I now getting the “upbeat it’s a great future) disease..

Where’s Panmure Gordon in this deal? Their name and money (underwriting & Placing) on the deal seems to be non existent.

“Company breakeven in 12 months…” it’s down the pan now..

It’s all summed up in the RNS sentence …” Given its limited recent operations, there is no financial information regarding Estadio to report…”. The Placing had to be taken up otherwise these major investors would have lost their shirt :: they had no option other than to subscribe to keep this basket case afloat. Totally unimpressed with this new storyline but it keeps enough money in the kitty and an excuse to rack up AirMiles. WA operate out of Portugal and haven’t taken up the EU approved SDM tax initiative, which is far better than using Malta. Looks like Scoffman has also been bailed out.

Exciting times “Guzzler” :: this could roller-coaster very quickly down Carey Street. I feel we’ve all given up any hope of breaking even let alone getting anything back other than a tax loss carry forward. S*****g brick times but if this goes down the pan then Epstein et al will become unemployable; unbackable and not trusted to manage OPM.

Rather than look at the so drop on the basis of fundraising discount :: how about the premise that the draft accounts have been perused ahead of publication and its “dump and run” at this or any price?

Hopefully Messrs. Barry, Maclean & Barker will have a joint strategy to support the “adjusted” SP when the results are finally announced.