Member Info for mcsquares

Have we just become a conduit for the Chinese poker community. Virtual currencies and payment services could blow this company in to a whole new arena I didn't see this coming Was prepared for medium term growth but if they somehow pull this off then the coming months could be extraordinary Fingers crossed but I am not expecting any rns tomorrow

Think thats what I just said Diego. My valuation is like I said my valuation. You come up with yours based on your expectations and trade away to those figures. I have been consistent with mine and I am happy to that they stand up for my considerable investment to remain Good luck

I said from the start of the conversations re-takeover that we would be lucky to get 12p a share. Since then we have had dilution that has taken my estimates to slightly below 10p a share. In real terms that gives a buyout figure of roughly �70million The idea that we get multiples of this is simply not a realistic view for me and most other long term holders unless monetisation of the user base takes a massive leap forward or the payments platform takes off alot hotter than expected. That said. The share price is 1.45p Anyone coming in at these levels stand to make over 600% should this company do a deal at the 10p level. For what its worth I think the earlier open gambits from tencent where tentative and around 4/5p. Tencent may have said add on e-commerce capabilities and a payment system and then we can look at 10p a share Either way the company is growing rapidly, albeit as per any other growth company it has its teething problems (including a concerted short campaign). As these are sorted out and the revenue increases from now multiples sources - Gaming, advertising and the soon to be included payment services and the future of the company looks a lot more like 10p than 1.5p (Don't forget the institutional position that was taken) Good luck to those LTH but I don't think we will need it

No reason to think that it couldn't happen. Tencent and others have been in discussions with Mysquar. Unfortunately its seems that they are not prepared to pay a premium for our proposition just yet. Eric has not been prepared to hand over the company for pennies hence we are where we are. What can change? For one thing the current sentiment and momentum around the company is hamstrung due to the conversions. As was pointed out Atlas can convert at an attractive price even if the company release a very positive RNS and the SP jumps significantly. As such I would hope that the new strategy direction of e-commerce and payments coupled with gaming opens the way to a reinvigorated set of results that will bring Tencent back with a realistic offer. The SP at this price is a reflection of poor sentiment and opportunistic conversion manipulation. It would be nice if the company could issue an RNS that boosted the sentiment but I think we may be waiting for a few more weeks

awe no - I forgot about him. I assume he sold and made his fortune elsewhere. He only tends to buy above 25p so he should be along by the end of the day

in circulation now :)

it is nice to see an enthusiastic board again. For a while we got very quiet and it seemed like we had a wee cult going. Today effectively is confirmation from the OGA that our strategy is bang on target and that IOG.L can deliver what they have set out they could. A very positive day all round and hopefully only the start of the grind higher. A few of us have a lot of shares in the bottom drawer so the free-float being so tight should make this interesting over the second half of the year. Patience and belief is paying off. Once the 20% traders have sold up we will get back to today's highs and kick on for the rest of the year. Enjoy the ride higher

in Myanmar. Tencent had an opportunity to get a foothold in the country ahead of Alibaba and blew it. Tried to poach us on the cheap. Our strategy is progressing albeit slower than we would all like but it is going int he right direction. The move to bolster the proposition with an e-commerce and payments proposition will mean Tencent will have to come back with a higher bid price if it wants to get access to our 22 million plus registered user accounts. The Fund raising was our way of showing Tencent that we were prepared to play the long game and not accept any silly offers (unfortunately for us it was done through convertible debt. A straight forward discounted placing would have removed this lingering conversion process and the manipulation would have been unnecessary. Atlas are not converting here as they are hoping Gad and co can do a job on traders and force a few sellers to hammer down the price to the 1.29p levels again. Silly game for them to play but I am sure they are fully aware of what news and its timings is due. I for one continue to top up on these attempted manipulations. Anyone else who is complaining about manipulation should do the same and therefore get the same price as Atlas. Good luck

conversion phase begun The Share Price has traded in a relatively tight range amidst no new real price market moving moving RNS's from the company. The facilitation of the conversion should be complete by the middle of June. In the period till then the Share price will be flat with a combination of manipulation and bored traders moving on. I am surprised that conversions have not been happening over the past week. I expect at least 2 tranches this week to be announced. Maybe another 2 x �350K Patience will pay off when the handbrake is taken off.

Nice to see the price on the up. Market waking up to the proposition that we now have? Hopefully a sustained rise. Momentum will also bring in new investors to this tightly held company

Killing the sp at present Chong should formalise his vox pop in an official rns stating quarterly activities and revenue It’s time that the manipulation of the sp was stopped.

Unfortunately the conversions are keeping a lid on us for the next few weeks Good news this morning and a nice after hour print at 1.51p Price is slowly drifting up

The chuckle brothers are looking for a tenant - I think you will fit in great

time to manipulate the price down for the next conversions :) Ah well - gives me a chance to try and add Enjoy the bank holiday folks

to hold it so the conversions are ramping up. Great to get them out of the way

Since the conversion process has started the Share price has gradually crept up. The speed of the conversion is an insight as to where Atlas "know" the share price is going. Unfortunately for us it is being held down to facilitate the conversion - Most likely Market Makers working to an order that's chunky and at a price that will maintain the SP at a decent conversion price. The price has moved up in steps from the start of the conversion process. I expect a move to 1.55/1.65p shortly after the next conversion notice is issued Have faith and patience - the big boys are in the background

Back? Or Squaring the book after keeping it down for the day? Manipulation

so the conversions can be done at bargain basement price. A placing to existing shareholders would have been a far better way to raise the �2m. (considering an institutional buyer was lurking in the background) Get the news out and let Atlas convert into a rising share price

looks like the manipulators are keeping us down for conversion rates to be favourable. how greedy do they want to be with these conversions. Half the shares converted sub 1.5p or all the shares

That may well be forthcoming