Member Info for LovableLumax

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Science day with the 100-1 ratio revealed and all biopsies confirming MoA we were close to 200p and some £500m market cap but the market value that correctly, likely not. Many months on and many biopsies and more data further underpinning the platform as well as 6103 which looks extraordinary we are adown here and again IMO the market has gone from one extreme to the other.

Get the share price closer to 100p than 50p and the CLNs are not an issue, the only way I can see that happening is some kind of deal which validates the platform which could be an indication for 6000 like STS or a geography. If and when that RNS drops I am sure we will be in a very different place and will maintain it.

So they only raised 50% of target and after they pay off staff and other cost cutting measures they're left with circa £700,000 so 16bn more shares to get £700,000, has there ever in the iffy history of the AiM been such a shocking raise?! What they raised this morning several of the retail 12% club could have bought on their own with what they've spent. What makes me laugh is the CEO will have taken 1/4 of what they raised this morning through his 6 month notice period. What a lad/crook!!!

50m dumped earlier for £7.5k. A couple of weeks ago that would have fetched £200k.

Some notable posters, leader and part of 12% crew are very quiet. Last raise LOTM was quiet and then came back posting apologies to those who’d bought on his recommendation. The clown wrote a waffly Mickey Mouse ‘research’ note he pushed on others to pump the share and still silence when this year worse than last and and a lot more obvious to those with a little sense. I wonder if these jokers are buyers now to continue lowering their averages.

I'd advise anyone to click on Phev's profile and head back 6 or so pages and see the number of loony posts referencing linked in stuff and his excitement for what this means revenue wise and questioning why there are no RNSs. Plenty saying LL spitting venom as lots of green boxes, disgruntled talking of a raise wen he can't see what's going on. blah blah and here we are again. You suggested MIRI was mainstream in Yellowstone and lots of other recent stuff (Q1) and the £80,000 3 month revenue shows LinkedIn is immaterial yet you continue to pump it. You need help.

OMG more LinkedIn drivel. You’ve posted more drivel from linked in last year and loads recently in Q1 and they generated less than £30,000 a month FFS. Give it a rest you clown.

You lambasted me when it was 2.5p last year and I said a raise needed for sign off and it was at 1.25p which you labelled mates rates and you did the same this year certain all your LinkedIn ‘research’ and likes FFS meant more revenue and here we are with 16-1 dilution and a raise at less than 1/100th of prior awful raises. You’re either thick as mince, tone deaf or both.

Where have you been, nocturnal, asleep?! Ha, great post.

Rembrand raised nearly £20m and also work with L'oreal, Pepsi, Prime etc whereas MIRI has to keep cutting more and more costs as it's unable to grow revenues and has to get the begging bowl out with a huge discount and raise £1.5m of which over half being swallowed and dilute at least 15-1. Shambles but no doubt the usual morons will start trawling through LinkedIn and post more drivel.

I mean a major co could have offered say 4p or £40m end of last week and all would snap their hand off. That's a pittance to heavy weights, many of whom have worked with MIRI so know their tech but no interest (like last year). A mere £40m market cap on 16bn shares is 0.25p. They're going for simple signage which is low hanging fruit and lacks sophistication, all that amazing IP and that's what they're up to and no major thought they'd take a punt at this awful level.

The retail group on here that had 12% could have demanded change yet they did nothing but wait for the inevitable and now they have less than 1% combined. Oh well. At least the advisors continue to make their fees and the CEO has built up a very tasty retirement fund. I'm sure he'll send Phevs a postcard from the Bahamas or the like.

Why hasn't any of the BOD taken part in the raise? Who cares. Let the pumping commence! What's guff is being churned out on LinkedIn? Phevs accused the broker on LinkedIn and suggested it had undersold the co at 1.25p for a mates rates raise and here we are less than 1/100th of that! I suggested a raise at 0.1p in Jan and got derided but once they've paid cost cutting charges they've raised around £600k for 15bn new shares. Ah, who cares they'll whack some billboards in small fry productions while L'oreal and industry big hitters invest in Rembrand and elsewhere. This time next year it'll be at 0.02p trust phevs and where is his partner in crime LOTM? He can spend less than £5k now for 30m more shares that cost him c£150k.

People buying now at 50% more than the raise shows no co has a mug punter like Mirriad

They'll take as much cash as they can from the retail offer as the 12 month runway is reliant on £1,2m in sales. Ouch, am surprised the auditor has signed that off but they've been transparent in what's needed so I guess they're okay with iu.

The net proceeds receivable by the Company pursuant to the Placing, being a minimum of approximately £1.5 million, together with the Company's existing cash resources, will be used to fund approximately £0.87 million of one-off costs associated with the cost cutting measures set out above, as well as for general working capital purposes to pursue the revised operating strategy.

The Board considers that the net proceeds of the placing, together with Mirriad's existing cash balance, payment of the accrued R&D tax credit for the year ended 31 December 2024 in line with the usual timetable, and subject to receipt of the £0.2 million JV Contribution, will provide the Company with a cash runway of not less than 12 months. This assumes that Mirriad is able to achieve cash receipts from sales of not less than £1.2 million in the 12 months ending May 2026.

So they've basically issued 15bn more shares and once they've compensated staff they'll have £630,000. They had £2.7m cash end of March which will be less than £2m now and creditors say £1m so will be left with c£1.6m which is likely less given they need £1.2m in sales receipts in the 12 months from now. Delaying the inevitable.

The exec chair isn't taking part in the raise so isn't throwing good money after bad and I suspect will leave once he has recouped his investment in salary. Don't blame him at all.

No programmatic and now basically easy rubbish any co can do -

The Company will also increasingly focus on delivering predominantly signage integrations (i.e. inserting image on billboards/signs as opposed to placement of products such as bottles or packaging) which offer greater efficiencies in both automated analysis process and campaign work-flow delivery. This enables either a higher profit margin, or the ability to provide a low-cost solution to clients and thus access to content opportunities which would otherwise be too low-value for Mirriad and/or its partners to take to market. Signage integrations also allow Mirriad clients more streamlining with the approvals process as they avoid the requirement of 'talent approval' or pre-approval of placeholder scenes where signage has been earmarked.

What a joke.

So you can buy 10m shares for £1k. I mean 10m shares will be worth the same as 10bn shares within 12 months which is feck all.

I remember when Jonathan Milner sold all his 1.25p placing shares and Phevs said it was to mitigate gains elsehwere. Honestly so many bizarre posts. His missus could be caught being gang banged by his local rugby team and he’d say their morale was low so she was doing the right thing in geeing them up. And these clowns berated others for selling here or suggesting it’s a lifestyle biz.

So the chairman hasn’t invested or CFO? I assume they’ll just take their salaries. Especially the chairman who is looking to get back his cash from the Phevs’ mates rates raise. That was a 40% discu t at 1.25p and now we have at least 15bn at 0.01p. Wow. I bet the moron Phevs will be back here posting LinkedIn garbage before long.

Nearly £900k is going to redundancies and other cost cutting measures. With existing cash say they will have £3m total. With 16bn shares a share price of 1p means £160m market cap which given turnover is a long way off. 0.1p is £16m which is a way off so they’re worth 0.025p or £4m at best IMO.

There might be a small rise who knows but this is ugly as.

Look at rembrand getting a mirriad client L’Oréal as a strategic investor and look at mirriad. A joke of a co

so there could be 16bn to 18bn shares in circulation. what’s really funny is over half the £1.5m raised will go to paying off staff in one off costs. so really they’ll have circa £700k left from 15bn new shares. absolute gold. if you had say 30m shares before or 3% you’ll now have 0.1875% of the co and even less if retail take part. even less of **** is is still **** all.

so no programmatic (i said triplelift walked away for good reason) and basic vpp of signage and nowt sophisticated. christ this looks worse than i thought

the net proceeds receivable by the company pursuant to the placing, being a minimum of approximately £1.5 million, together with the company's existing cash resources, will be used to fund approximately £0.87 million of one-off costs associated with the cost cutting measures set out above, as well as for general working capital purposes to pursue the revised operating strategy.

the board considers that the net proceeds of the placing, together with mirriad's existing cash balance, payment of the accrued r&d tax credit for the year ended 31 december 2024 in line with the usual timetable, and subject to receipt of the £0.2 million jv contribution, will provide the company with a cash runway of not less than 12 months. this assumes that mirriad is able to achieve cash receipts from sales of not less than £1.2 million in the 12 months ending may 2026.

I think the BoD wants to eke it out for as long as pos to get their crazy salaries. As if today they have less than £2m cash, likely owe creditors £1m and will have BoD on 6 months notice and staff on 3 to 1 month so after that little change for the administrators so a decision needed in the next couple of days.

They’ve said no new takeover talks but talks of equity raise that would surely dilute existing holders 10-1 at best. Either way retail getting shafted but my money is on admin by Weds possibly as late as Thursday.

nowt to do with the nomad although they'll make sure remuneration transparent on website and annual report. chairman, rem committee and shareholders approve it. i called out the ludicrous salaries years ago. lotm had a shareholder list to boast with no other agenda when the moron could've used it to effect change. instead he wasted his time writing mickey mouse research notes and ramping on other bbs as well as getting a hard on with immaterial linkedin posts and likes ffs. it's funny as **** and sometimes retail lost their money unluckily but this twat even had a trading pot of 5m which appreciated over 100% and he didn't sell any. funny as.

Given what happened last year when he and Phevs were Convinced a raise wasn't needed with break even imminent it's bizarre they didn't learn a thing this year. All the LinkedIn nonsense the years before meant nothing for revenue (hence few of the LinkedIn guff was subject to an RNS) yet they convinced themselves this year was different. They're either incredibly stupid or they aren't actually holding and have some other agenda. I think Phevs definitely the former and I'm not sure re LOTM. I mean phevs just posted he thought it positive the co had filed with companies house when it's a legal requirement and no more. The clown is still deluded. LOTM who knows, maybe duplicitous or more likely just stupid.