RE: This time next year...4 Sep 2018 17:03
so, here’s what I think, based not just on my experience with COMS but with a number of other AIM companies. The first thing I will say, is that no amount of warning or anything else I say, based on a genuine desire to help prevent the gullible loosing a lot of cash, will dissuade those who are “believers” . Seen it happen / occur soooo many times. You will believe what you want to believe... you will listen to only what you want to hear. I know...done it myself ...but now know better.
The contract win... who knows for sure. Certainly there is a good chance it is new business of some sort . I don’t necessarily dispute it. There used to be a lot of these on COMS ...eventually they turned out not to be as good as publicised. But it will take a whole load of such “wins” to make this business profitable. Diamond has illustrated thus. What I am seeing is a re-run of the exact “game” played on COMS...the truth is that the small shareholders are merely sucked in for short term funding. Then there will be the inevitable placing and further fundraising. I actually didn’t loose too much in COMS (around £10k) ...but only cos the new chairman was honourable and decent and gave the small shareholders an opportunity to recover some losses through a very cheap open offer. This helped enormously. But thank God he saw through `Breith and his games and got rid.
The one “good”thing here is that Breith is “gone”. He didn’t lose out one bit though...so perhaps ask yourself why, if this is such a great opportunity, he has made off?? It appears I got the brother in law bit wrong...I couldn’t remember exactly the relationship but knew there to be one...but someone on here corrected the family connection to the CEO. The point is that there is / was an incestuous relationship and Breith will have been / still is steering the ship from behind... be assured.
I say again, look at how the operation was funded from the outset ...dodgy to say the least ...and Breith ... away Scot free...again.
I really don’t mind / care if you take me seriously or not. You would be wise to though. There are a number of folks on these boards who “know” me, some have even met me and will vouch for that fact I am no “deramper” (actually it’s the rampers / multi bag idiots who are far more dangerous). If anything I can say prevents just one person being suckered in to another hot air venture, then I will consider a good deed done.
I’ve been around these boards, off and one for many years and made some serious cash on AIM “gambling” ...but one thing I’ve learned for sure is that the winners have always been if you put serious money behind those with reputable BOD’s who invest their own cash significantly too. They are rare and hard to find.
If one bought in here at the near 0.20 wipe out (from 8 p ish funding) and gained on the hot air rise last week, then well done...you;ve been LUCKY. But see it for what it is...short term luck.
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