Member Info for Moneysponge

Shakydog/Aldebaran
Thank you both for the replies
Appreciate both points

Snow 1
I cannot see Sky buying gild
That is ridiculous
What is more likely is that they will have there own dedicated esports channel
And will promote gild like they are in that link
BTsport, ESPN and the like will also get in o this as the industry begins to really grow
GILD need to really develop there academy
so we dont pay ridiculous premiums for players
But I dont want to become a feeder team I want to develop our players and keep them

Hello
Has anyone had any clarity on the instruxions given to stifel by bids
Last I heard they was saying no profits until 2025 with cost going up
and that they needed to raise funds
Has anybody emailed the company for clarity
Or does anybody know a director for example
I dont like the way this has all gone silence
Will email myself later if nobody has done that already

I took some profits at 3p
as hope others did
Was looking to put back in and surprised to be able to buy them back this low
Still it does look like lower will be on offer soon
So I will wait it out before comiting more money
Kal has done exceptional getting the likes of Sky sponsoring us
We are in safe hands I feel
I am very happy right now
Beckhams fees cut too
BONUS!

Topped up today
Dont see what peoples obsession with news is
Only people trading this are looking for news every 5 minutes
Business growing exceptionaly fast
bored are very forthcoming when approached
just relax
see where we are in a couple of years
Keep buying any dips

This is good news JONNO100
It keeps our cash position more stable
that means less chance of fundraise needed
Probably no chance of it now
I would expect more deals in the pipeline
SKY Sponsoring guild will have got peoples attention
BT sport and Virgin must be jealous and wanting to get in on the esports action somehow
Everyone every company seems to want to be exposed to esports in some way
Because it is the future and growing ridiculously fast

From Canaccord broker note
Revenue expectation 5.7m this year with -2m of EBITDA
Next year is when company move to profitability
But next year means this year because it started in July 1st
This is all on the broker note Johnny dated 9th March

Hello City
Only thing with tweets is that the people with all the money dont see them
We need RNS and not RNS reach
Though I like the tweets as keeps us engaged and in loop
For new money to come MOS need to be RNS ing a bit more
Onwards and upwards

Morning
Expect and keep expecting RNS from BIDSTACK to clarify funding
They must be happy for sp to be in the doldrums
FWIW I don't think filtering people is sensible as it creates a echo chamber
best to listen to people and debate there points of view
I tend to agree that tech great but management are p1ss poor amongst worst I've known
Thankfully gild have released more good news this morning so should rise again
Plan to cut some of those profits soon to balance my PF of MOS GFIN BIDS and GILD
At this rate I am thinking do I buy more bids now or wait because 2p is possible
At what point will company say enough is enough and DO something??

People are buying at 0.25
Then selling at 3.3
Stuck in that range
I shall be topping up when hitting 0.25p

A max of 7m over 3 years
But is performance based
Team need to step it up now
and I think they will
Excellent day here
Almost sold last week as well and put the money into my other holdings MOS GFIN BIDS
Glad I didn't
This is why it is good to diversiy
have a bit in each as never just know what around the corner
What do people think chances are of fundraise now
Think we are out the woods or could raise a small amount still before yr end?

This company seem to be improving
But getting cheaper
I see on Twitter that they are now getting almost 20 million users to there GDM every month
wow!
GILD is flying today with Sky confirming sponsorship
the hole space is very hot right now
I could see some very interested foreign investors looking at a takeover
or definitely buying into the esports saas while exchange rates are favourable
Could be a interesting few months with gaming on the increase as whether gets cold as well

I have just read that again
Gobsmacked actually is the word
I think technology is great
but board are negligent or incompetent or just crooks
probably all 3
Torn for what to do
almost cashed gild out last week and ploughed in here
glad I didn't

Hello
I read that note and
It feels like this is being treated as a lifestyle company
Their just keep diluting shareholders but giving themselves options
and bonuses to offset there own losses.
IT IS CRIMINAL

An investor relations strategy that could be described as almost complete blackout, providing no meaningfully informative update on the business to shareholders, leading to a reduction in the share price from a high of 34p to 1.63p, a decline of more than 95%.
Used COVID restrictions to exclude shareholders completely from the AGM in 2020, when so many other listed businesses provided video conference or online access alongside meaningful presentations of their businesses.
Allowed the sale of shares by Mr Draper (CEO & Co-Founder) and Mr Petruzzelli (CTO & Co-Founder) at 20p in October 2019 when he must surely have known that the results were unlikely to meet market expectations and the company duly released a profit warning in December 2019 that sent shares tumbling.
After this profit warning, presided over an equity fund raise at 4p per share in June 2020, at a significant discount to a previous raise at 12.5p in May 2019, with retail investors excluded from participating. This, after the business had seemingly made substantial progress but with no effort to communicate it prior to the raise.
Presided over an equity fund raise at 2p in July 2021, a second successive down round despite further substantial business progress, with retail investors again excluded from participating while the institutions that are known to have participated no longer hold disclosable interests.
Following the 2p placing that hugely diluted shareholders, approved a new option plan that reset exercise prices and offset the dilution of the placing for a number of the management team. This was a clear display of misalignment with shareholders who were the only ones left to feel the pain of what appeared to be a poorly managed raise. In addition, he even allowed the award to himself of 3 million of these options in December 2021, as a non-executive with no daily responsibility for generating the operational performance required to drive results.
A seeming inability to have enough clarity on the business to ever provide even broad financial guidance, or unwillingness to provide any benchmark against which to measure performance.

MasksNewNorm
Some interesting comments from the article showing how much growth there is in the Formula One esports series

Brandon Snow, Managing Director – Commercial at Formula 1®, said:
“We’re very excited about the new season of the F1 Esports Series Pro Championship and its growing success, and with so many promising big moves and intriguing driver shifts on the grid, we can’t wait to kick off the season and get racing. As always, we want to thank our partners Aramco, DHL and Fanatec for their continued support which enables us to bring elite sim-racing to an increasing number of fans around the world.”

Paul Jeal, F1 Senior Franchise Director at Codemasters, said:
“The new era of F1 has delivered incredible drama, and it’s time for the best esports drivers to take their seats in a fresh format for a piece of the £750,000 prize pot. With up-and-coming talent facing off with established pros, this season could be the most unpredictable yet, and we can’t wait for lights out.”

John Clarke, CEO at Gfinity, said:
“The F1 Esports Pro Championship continues to go from strength to strength. Last year’s viewing numbers more than doubled, which resulted in a record 1.3million drivers taking part in the battle for a place on one of the F1 teams’ rosters. That number has now been whittled down to the top 30 drivers who are primed to come together and test their skills on twelve iconic Formula 1 circuits. This year’s event promises to be the biggest and best yet and we can’t wait to bring the racing live to the world from the home of F1 Esports, the Gfinity Arena.”

Sky are no tinpot outfit
Congrats to Kal
I had my doubts but glad I held on
Esports F1 championship is massive
Look at the prize money here and number of people competing to qualify for the Formula One championship
https://europeangaming.eu/portal/latest-news/2022/09/16/121099/the-f1-esports-series-pro-championship-is-back/

Helx2
I am confused
Too much to read and digest
But why are you saying bids are close to breakeven point
BIDS have told Stifel they wont be breakeven this year or next year or year after
??
Can someone spell it out please because its all rather hazy

Good morning
Realsport101 amassed 2.4m views and 5k new followers on TikTok
200k views and 500 new followers on Twitch
7m ppl reached and 1.15k new followers on facebook
30k accounts reached on instagram
150k impressions and 14k profile views on twitter

This information is available on ADVFN and Twitter
Sounds positive
Impressive company can continue to grow at such a pace

Why
are they lower?

Newbie question
Is this new CRO
Replacing the CFO
I dont understand I cant see BIDS have replaced CFO since a year ago
Unless this is it?