Member Info for Midas3316

Lorne conned Saladino into buying that holding for 17p Lorne then dumped his remaining holding before the Leap disaster and we should have known then it was time to cash in. Jim hasn’t bothered with his holding as it’s just pocket change to him. He wrote the book FFWD. ( Seeds previous name ). Then Jim left the BOD just as Lorne did tonsave the embarrassment of the suspicious looking mates deals. So it’s not as though they have bought in recently hoping for a change of direction.

The only way I can see it ever getting close to NAV again is to liquidate the fund. Which isn't going to happen, Ed on his £150k for a part time job. What do they do? It's not like a regular IT where they are buying and selling and researching Mon to Fri, Ed may do a couple of hours here and there. They buy into their own or their mates companies one a year if that, and just sit and wait as it dwindles away in value, or like Factom. Give them £5m, their biggest investment ever at a time when they were the smallest shareholder and all others had refused to invest any more........Well that didn't look at all suspicious did it????

Have to agree with you there Mat. Performance has been absolutely Shyte. Apart from total incompetence, a lot of it boils down to not managing the fund. They invest into their own interests or they of mates and then just watch it drift down to next to nothing or as in 5 cases here- get written off.

Yes he posted, then deleted when he got scared. He normally gets all angry. This time he thought Leap was worth £200m so threatened Ed. Then like all the other occasions he then came back with the usual "oh it's quite a good deal getting zero return"

Doggo is like quint..........take them with just a tiny pinch of salt

Yes

We've got our Alfredo looking after Avextra, as long as Ed keeps a safe distance we should be ok....All joking aside it does seem a decent company and we hold a decent chunk. It also had a recent upgrade on pitchbook and VC invstor.

Sounds like he would get on well with Ed

The uk trials are showing promise

I really don’t envisage anything moving this. Mostly due to lost faith. Liquidating the fund probably the only way to get anywhere near NAV.

Is that you ramping again Fatman. Lol. That would be over £150m for seed.

I just hope they get something decent with the small amount of cash coming their way. There really isn’t anything left in the holdings that could give a decent boost. Maybe if quint were to pump this instead of the Shyt.e he’s pumping right now we could get our money back. Though he’s changed his identity again. He’s down to only 15 years experience and now the VC guru. Oh well. Let’s just hope Ed is
Lucky. Somewhere along the line.

Still life in Yooma yet!!!!! Still worth £100k only down a couple of million...pmsl....Seriously though it was Yooya.....the next Facebook to be worth billions somebody said...then it was cobbled together as yooma..Leap was the last real last hope of a decent boost.....

Lol. I saw that 12 months ago. A certain poster said Seed would rocket with that news. Of course everyone else knew it wouldn’t

Well at least they haven’t done as bad with LGP as they have with some of their other investments. Their £2.5m invested in LGP is still actually worth nearly £800k. They haven’t totally fcukd this one up……yet

Unicorn of the fund

What!!!!!! Doggo said it would be the

Lol. I’m pretty sure it’s not LTH’s that are buying down here. Most likely buyers looking for a recovery play. Maybe hoping to double their money in the next year and then dump them again. Even the most ardent fans have admitted this is only good for the occasional pump and dump unless something drastically changes. Like maybe having a fund manager. Somebody that will buy and sell at the right time. Not invest into their own interests or that of their mates. Then watch it drop in value from £2m to £90k. Maybe a fund manager would have realised where it was heading and sold. Everyone else did!!!! But no they buy and keep forever, until it’s either gone bust or worthless like their other holdings.

55p offer

Please leave my BB Onefor........You are not welcome