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The problem City is that you can’t refute the extensive evidence that Lost Money has posted. Your reply was about “stock-basking”. Why don’t you provide factual evidence to counter Lost Money’s claims and the new NonExec DID NOT attend the party? Did the NonExec ever publish on this BB?
Good evening “City”. I’m not sure why you feel I would, as a shareholder, wish to deramp. Perhaps you don’t like my view on this matter? Just accept there are too many unanswered questions; some of which are of concern as to the motives of this new appointment. No need to be personal : just be practical.
Reading your comments makes me think that he has, be it on the periphery but with influence, been part of the many and various debacles and failures and is now taking a stance to protect his 300 million shares. Maybe, and just conjecture like many of today’s posts, he will, at some later and opportune date, reverse a business that he has in his stable? Was part of the Placing an agreement for coming on board? More than meets the eye to this appointment…
TechnoInvest / there’s not much selling because it’s matched bargain basis.. no one is holding a book.. History is known to relive itself and on the past history of the management and promoters :: that about says everything.
Let’s look at the numbers that have been glossed over without a reasonable explanation .. Revenue down by 84% (why is there such a huge reduction in Revenue whilst the legacy business is producing a profit? ); GP down 70+% and Cost of Sales reduced by 96%. If they can get their £395k in current trade receivables then they have, at the current rate, just under 3 years of cash to pay o’head costs.. so, it all hangs on this Mexican venture to start to pay serious dividends..
Good evening City. The chance of getting to break even is slim but if I had the opportunity to get out at b/e… I would be onto my Brokers asap (I expect many other longer term shareholders probably would like to get out at b/e and invest in a different company.). After this debacle I am happy to sell my shares and the gazillions of capital gains to someone else.
My guess TechnoInvest is that you have a line of info from someone in the Co or , based on past performance of the Management , you are seriously deluded .. whatever amount is raised will be frittered away to “friendly” clients & stakeholders…
TechnoInvest :: no one wants collapse .. they want success.. so, we all wait patiently (except those who have given up and sold, which depresses the share price) for performance (income, pbt; ebitda) that can be independently verified.
Good afternoon TechnoInvest. You say that you’re a novice investor and new to MoS; but you have an amazing grasp of past history and a near sycophantic defence of ME. I just don’t believe you are what you say .. more, I think you may be a”plant” on this web site to defend any criticism lobbied against ME; the Board and the Company. You’ve told us how many shares you’ve bought and when, so an inspection of the share register will tell us who you really are…and if my assumptions are incorrect then I will be the first to apologise.. No doubt you’re aware of the consequences of seeking to manipulate a share price using BB’s. I’m not back in the U.K. until end of March …Just remember, there are many people on this BB who have lived through the whole history and trauma and are very astute in the ways Comoanies are run :: they are clever principal investors…