Member Info for MB_AIM

Cant have profits without revenue though If as declared that costs can be reduced by 40% next year then we could see significant upside. This is still a young company, maybe a dual listing could help?

The spread listed here isnt accurate, its based on the bid ask listed, which again isnt necessarily accurate to live trading. look at the real time trades or do a couple of dummy sells/buys to get the true spread

RP very disappointed with market reaction. I get the feeling he wants off AIM and to list in the US..... Quote "AIM is a joke" Just a hunch. Also confirmed is in discussions re raising funds and feels shouldnt be difficult to raise at 2.5p ish....Lets see shall we Think we might get a suspension via the NOMAD as some of the comments were a touch 'close-to-the-wind' in terms of insider info.

How low can this go? Disappointing that the company has hired a PR firm to communicate with shareholders and its been pretty much radio silence since. I know that The Mad Stork (after some heavy promoting with Baron) has sold out, he confirmed to me last month on twitter. This is after he had met the CEO personally to discuss the company. I assume the majority of promoters have moved on? Still seems mad MCAP considering the revenue build and increasing cash pile.

I think you are right in your assumption, however its worth contacting your broker for clarification I might be that you receive funds directly from the company (if the share register is up to date)

You do have to question why the II's are selling in big chunks? Rumour that they are reducing exposure since reorganisation Other umours suggest that SLP are going back to being private and will delist in 2017. Just rumours Im holding

No. I find it unlikely that AR will stay in too if we delist. His whole recovery is based around RTO strategy, which if we arent a listed company, no longer exists. We need some form of communication from the BOD, thats for sure. Get your share certificate from your broker

Just one point Gooba, with the nomad walking, the max suspension is 1 month, so unless we appoint another by 10th November we arent coming back unlessa future relist is in question, which is unlikely IMO. I contacted broker today to get my shares converted to certificate, i would suggest this was the best course of action once we are privatised to ensure your claim to your shares remains valid.

Blam, blame, blame No-one held a gun to your head to buy the shares, you made that decision knowing this was a risk. All cash shells are. If the previous RNS are true then nothing AR/NL has done has stopped this proceeding, it was the rotten old BOD. It all depends on what you believe.

As long as the company is active, ie still going concern, your shares in the company are still valid. You just cant buy/seel them on the open market. You could sell them privately, as long as you have your share certificate and a willing buyer. Although you will have to negotiate their value. The issue is news, there is no need for the BOD to communicate anything in any public domain. You will have to contact the company directly - ARs number is on the RNS..... AR needs to come out and say whats happening with the company, is it being wound up? are the legacy issues being resolved,?will the company re-list? what is happening to the BS loan?

we have nomad now but they are due to step down on monday, which means we have to suspend for a month to appoint another, however if we dont appoint then we are booted off ive already written this off now

there was a guy posting on here said he put his student loan in at 0.65 on the squeeze, he saw it tickle up to 0.74 then went to a lecture, came back and it was 0.4 and falling some people made a hell of a lot of cash on that squeeze, some rode it from 0.07 to 0.6 and made a packet, others who got in the top are probably still licking their wounds was a total clusterfvck at the time, luckily i was a fortunate purchaser at the near bottom, made a bout 4x cash at the time (squandered since) and bought back in once the dust settled and AR was getting involved. however, its looking like a lost cause right now, unless the old BOD can be held accountable then this company will bite the dust. The NOMAD needs to be fired and replacement bought in ASAP, that should be top of ARs list IMO. If he wants the company to survive it needs to relist and avoid being delisted automatically in a couple of weeks, granted the price could plummet further, it might not, depending on the way he words the next 1 or 2 RNS releases lets wait and see Good luck all

According to the RNS of 9th May, detailing the proposed RTO, it clearly states that if the transaction does not complete the Big Sofa will refund all monies. Which is secure by debenture. If BS don't have the cash then we take the company's (and possibly the directors) assets secured under the debenture to recover our outlay. Unless this legacy issue is illegal or binds us to O&G assets then we are back to square one. Until we have further information it's impossible to speculate accurately what is going to happen. It's all doom and gloom, and with the RNS today its going to be. The good thing is we're suspended so the SP can drop (yet). Hopefully this can be resolved. If you bought shares here with not knowing the risks then you need to take a look at your own strategy.

"UK/US — Video analytics company Big Sofa has hired Steve Aukers as president and CEO, North America, as it expands its offer to the region. Aukers ( pictured ) was most recently CEO of J. Reckner Associates, and has also served on the North American operating board at TNS Global, where he held a number of roles including head of strategy. “All types of business today are using video, but we believe they’ve only scratched the surface of its possibilities," said Simon Lidington, CEO of Big Sofa. "That’s why we’re pioneering the collection, curation and analysis of images in industry. The demand for Big Sofa’s services in the US has been clear to us for some time. Now that we’ve found the right leader for the US team, we’re looking forward to driving the revolution in video use stateside.”

I'll take a 30 bagger! :D

I have a feeling that Brexit will have an impact on the RTO. A lot of tech/media tech firms ans start ups get a lot of tax breaks from the government, this could potentially have an impact on our RTO. Also the number of clients listed as partners with Big Sofa will also have be assessing their costs due to Brexit. Im not getting the party poppers out yet (hope I am wrong though)

ive put my 2p worth in too

Anyone who bought in expecting a big bang may not have done sufficient research. This is a longer term story than one investment. AR has always said that funds will need to be raised. Its the ONLY reason a company lists in the exchgange in the first place - access to funding other than debt.

wowsers, sorry for you dude, thats a mad price to be stuck at. i assume youve probably averaged down over the years. shocking value destroying from the BOD, hence we need action to get rid. if you're not in already please join NWOG to try and oust the old BOD

essentially nothing. The shares in NEW cannot be bought or sold and remain in stiu until the listing reopens (hopefully a lot higher). At the EGM, we get to decide if we want the RTO from Big Sofa and accept any fund raise that will be part of such, hopefully with the option to partake in any fund raise. Upon the closure of the EGM and the resolutions being passed, the compmany will relist ansd allow trade again.