Member Info for Midas3316

Doggo. Actually agree with you on this occasion. Share buy backs just like they did a few years back with this is a total waste of time to what would barely move the NAV up and also the share price. It’s on most occasions seen as they have nothing else to invest in.
But the Ed buying question. Ed himself has said in interviews that he’s has the chance to buy on several occasions but wanted to wait until he could buy a large chunk ……has to be the lamest excuse ever. He’s bought £10k chunks in his other interests

It’s very quiet from the ramp team. They are busy discussing tactics in their chat room. They will appear at end of trading or on the off chance it turns blue. They are creatures of habit.

Fatman. When I said those that take the £50m seriously I meant those that use it to ramp. Nothing other.

We better not say too much Fatman or doggo will be along saying we are trying to get in cheaper …LOL…. I think I topped up a bit premature. Bought another few 100k around 8p. In the last couple of weeks. I think we will be around here for a couple of months yet.

I think it was Draper LOL. . Lorne sold over 12million of his shares for 17.6p. He isn’t that stupid. Just a bit careless with shareholders cash to give to buddies in Factom

I’m still not so sure about Ed. He’s been around a while and has openly said he’s had times where he could have bought in the past but didn’t as he wants to buy a decent amount ( which is obviously bull as he’s bought small £10k chunks in his other interests ). Also picked up on the statement he made about not caring about what people think about him as he’s thick skinned. So I’m pretty sure when….I mean… if… he doesn’t reach the £50m MCAP he wouldn’t give a **** about it anyway. The thing I find odd is people who actually take this £50m thing seriously. I sarcastically mention it and as most sensible people know it’s just chit chat just like Factom was to be bigger than IBM Apple and all that cr@p.

Well if Ed achieves the £50m MCAP with an amazing return from Leap or whatever magic he has up his sleeve and as expected a lot of LTH’s bail - even if the share price then falls by 50% most would be happy to bail at that price too. Seriously though. I don’t think a divi would work. Not sure if even many of the newer investors will hang around that long after Leap too There are some good Cannabis ETFs that have produced very good results this year unlike Seed which is really just a p@@p show. As for the idea of liquidation brought up by Mat. It’s still down to Leap to give a boost to the NAV otherwise liquidated it would be only around 10p. ( that’s assuming somebody will take Yooma holding off our hands as if you sell more than £100 worth it will tank. So once again it all points to Leap, it really is the only thing that can give a large boost to NAV in a small time scale.

Though doggo did say at the end of 2020. That If the share price wasn’t north of 30p by the end of Q1 2021 we could call him a bell. End.

Ed the saviour. Over 20p a share. I can’t wait, and all within the next 10 weeks. I don’t understand why this isn’t flying right now. Over 20p a share in 10 weeks and you can buy for 7p. What’s wrong with people ??

I put my kids money in Scottish Mortgage. Telling them it wouldn’t it wouldn’t get the high returns I would normally expect from my private equity investments but probably a steady 15% a year. Their investment has more than trebled in the last 3-4 years and this has lost about half its value. Lol.

Most people will know it’s just talk. Ed can say anything in general chit chat, doesn’t mean a thing. If he does pull it off I’ll certainly not complain. Can’t see it. Anything close even. TBH. I’m hoping for 12p - 15p depends on how many bail after Leap.

They did buy shares in their own investments with the cash too. Just transferring it to each other. At least with ED. We know we will have a £50m MCAP by the end of the year. Ed will be the man if he pulls that off. Lol.

That was at the start of FFWD. In the days of hope and belief. Just before Lorne sold 12million shares at 17.6p. The legend. Lol.

Must add they said that when listed NAV was under 10p and share price was averaging 16p. When they were buying back shares. It’s normally the other way around - to lift share price up to NAV.

Four years back they did a share buyback They bought back shares around 15 - 18p a share as they said the share price “ significantly undervalues the underlying value of the Company's investment portfolio”. Pmsl. Definite dates, figures etc with Leap and that is the only thing going to give this a decent boost anytime soon.

I’ve had a chat with a few of the big holders here and they have confirmed they are still selling due to the lack of doggo ramps. I’ll have a word with a few of my contacts and get those shares bought back

I’ve only asked twice. Obviously doesn’t want to answer. Not sure why pmsl.

Lol. Quint wouldn’t tell anyone he is selling. He’d just start another group. Quint who are the two you suspect were selling ?

When you say stature ? Not exactly wealthy. Still have to work until 55 in a couple of years so not rich. Added 400k as you will see in the last month but not holding a huge amount Mat. Are you here until Leap or staying longer ?

I’ve already said what I’m looking for. 50-100% hopefully in the next few months. Like I’ve also said. Some of my biggest returns have been from pump and dump and ****e companies. A good return
From Leap will I believe give a share price up to around 15p.