Member Info for Midas3316

Lol. Like losing a tenner and finding a quid. Lol.

Lol. Well I suppose. Like losing a tenner and finding a quid. Lol

Well Yooma is currently only worth £500k on the balance sheet right now, £2m less than last report. Not really huge news right now.

Looks like I’ll be locked in for a while longer. Wanted out of this POS. What a joke. Not the good news I was hoping for.

Old man. That’s right. Factom was the biggest one written off £5m. The other 2 written off weren’t a big deal. There are many who like to post the rosy figures. Posting the huge increase from last year does look good. But like you say the previous year had £5m plus written off.

It’s a huge increase but the NAV was around 11.4p over three years back and more than 5 years ago it was over 8p. At present it’s actually just under 11p. So in perspective of the the LTHs it’s not that good a performance NAV and SP wise. Hasn’t moved in over 3 years and up less than 40% in 5 years. Leap will hopefully change this as well as the next report due in just 2 or 3 weeks.

Yea Barwick. He’s still holding a big chunk after leaving the board - even after writing the FFWD book - not sure how many copies he sold. I thought it was a couple of hundred copies - I’m sure one of the ramp squad said it was more copies published than the Argos catalogue. Fatman. Totally agree. I think especially from this low price there is the possibility to double your money from here in a matter of months. It’s been an absolute POS for LTHs but at this level surely there can’t be much more downside??? Well enjoy your weekend all. Off out

Anyway. Jim and Lorne are out of the picture right now and it’s actually looking quite decent here. Lack of confidence has it where it is right now. Even if Leap isn’t as huge as many would have us believe, I’ve invested quite a bit of my portfolio here’s for a few months and believe a decent profit is totally achievable from here. Enjoy the weekend.

The expenses are fine now Dapr. After publicity it was amazing reduced. They were paying themselves crazy money for basically a fund that held their own shares.

I also posted how I thought like others that Moon sale was unbelievably cheap - mates rates for mates. Sold for £500k That same number of shares sold just 18months later for £50m. That would have put Seed in a good position right now. But of course that was deramping, then Factom £5m deal I posted when it was
Announced that it was a huge red flag. Deramping again. So although I’ve made mistakes like many I’ve been right on these points. Yet fools believe those that have. Orchestrated ramps in chat rooms, changed a copy and paste RNS to make it seem like Factom was booming to encourage buying ( while they were selling ) then the crew all ramped the BB saying it was all amazing news ( they had planned it and all knew it was false ). So you prefer to listen to those - yes the same brilliant researchers. Pmsl. Some people are so easily led.

From first buying this over 6 years back, when I thought it may have a few good investments and could possibly make me a few quid I have always posted my opinion as I see it and not the ramped rubbish from those that in reality don’t have a clue. It was the reason I would post just before I would buy to prove that I was investing and unlike the ramp squad - ramping as they were selling . Some of my biggest gains outside private equity have been from investments that have been in cr@p companies, ones ramped and bought by the pump and dump crew, I would buy and sell knowing that it was just a quick short term turnaround . I first posted my concern of annual expenses, mainly being Lorne’s salary and expenses for a secretary and office which was huge. It was 12% of the NAV. Over £1m a year In the early days before it was widely slated and also mentioned by the Sh@re Prophets site. It was later reduced. I was said to be deramping. Really. That would be £3m a year now. Wouldn’t be much left of the fund right now.

GardenEye.......PMSL.....Really.......You are the same one who put together a ramp brochure and spreadsheet that said by 2017 it would be £5 a share and 2019 £50 a share.....LOL..... Quite frankly THAT Is hilarious...

Haven’t seen him for a while. Don’t tell me he’s given up after 6 years of ramping this.

The same stalwarts who ramped the hell out of it as they were busy selling. ( and later admitted it ) and the same stalwarts who I exposed several times for misleading information ( including changing the wording in an RNS to make the value seem a huge amount more ). Yes we should thank them

Well once they get Leap sorted they will have quite a decent cash pile to invest……hopefully

The Aquis market is a joke. The CSE doesn’t seem much better as the performance of Yooma has shown. The other 200plus cannabis companies that are listed on the CSE seem a lot more liquid than Yooma. It’s just not a popular Choice as the 80% plus drop in its share price has shown.

Yes at first glance there would seem to be an arbitrage opportunity but have a look at the trades on Aquis. No chance…..

888. Our holding in Yooma is currently only worth £750k by the way. That’s £2.5m less than it was valued at 6 months ago on the balance sheet. That’s even though we’ve added another £220k also.

Exactly Longlad. Let’s hope he didn’t get her to invest in Yooma. Lol. She’d have lost even more than being in Seed.

Come on. Lorne’s mum didn’t understand the investment so she sold - that’s what our Ed said. That’s why she sold. Pmsl. He also said the other large share holders are very happy. Lol. Really ?
He did also say he’s had many chances to buy Seed shares but wanted to wait until he could buy a significant amount. Lol. Really.
Ed also said £50m MCAP. Within the next few weeks……Surely Ed wouldn’t just be pulling out p1sser would he ?