Member Info for MrMagorium

This has a book value of £10 mil and on Friday traded at £1.5m MCAP.

Even those in at 1.5p are in 3.3x lower than the book, suggesting potential upside could be at least triple and that's before the true value of the investments has been realised.

Time the market woke up to companies like this one.

Well this is an interesting development.

A company which seemed more focussed on pursuing a greater online presence (Look at the name!) will now remove the ability for its customers to order goods there.

Personally, I think it is a step in the wrong direction and a rather 'short-termistic' way of looking at things. Just becsuse fulfilment hasn't been where it needs to be, should be an excuse to cease altogether.

TheWorks.co.uk had an opportunity here to at least implement a Click and Collect service, combined with continued Digital Marketing in order to drive demonstratable footfall into its highstreet stores!

A website that provides a shop window just seems an unecessary expense to me. But... that could be due to the costs of changing the name and all the costs that would come alongside that particular rebrand!

All sweetened with a more positive outlook on 2027 performance (who cares? That's ages away...)

Was it Tuna who wrote the script for the call?

Well it's been a few months. What more is another week.

Is that going to be in the interest of the loan note holders who have been keeping the lights on whilst this has been in suspension?

ZagEgypt : I would also add another to the pile of main market cash shells provided by Delta, trading at 300k MCAP.

https://www.londonstockexchange.com/stock/DISH/amala-foods-plc/company-page

This situation has unfortunately been a very common occurance over the last 5 years.

Here's my opinion on this information relating to the new charges:

It appears to me that RMD have secured their debt on any Assets PPP owns. Should RMD now put in a redemption notice, either PPP would need to redeem the debt or handover their assets.

So the question is, what do shareholders actually now own if the assets potentially end up belonging to RMD? It looks to me like a Cash Shell scenario at best. (Although there could be questions raised over how much cash this would have)

I have seen Main Market cash shells trading at roughly 300k Market CAP (cash dependant).

Divide that by the number of shares in issue to get an opening share price prediction.

To maintain their Main Market listing, they will need to RTO a company with at least 30 mil market cap.

If they struggle to do that, there's still the option of moving to AIM with something smaller than 30 mil.

We'll have to see what happens, punt money only! Don't put in what you can't afford to lose.

DYOR, GLA, AIMHO

These people don't typically throw money at nothing, I would imagine they made the loan available to keep the listing whilst they explore a suitable RTO, then convert it to equity at the raise price.

Also, the new BOD member joining is interesting...

Doesn't feel like it's in their interest to fold right now, but as I say, it's a Big Risk Punt! You can lose your shirt on these types of stocks! But they can also do 100+%.

Has to be one of the smallest MCAP shells right now and no reason for the drop... yet!

Can't buy a dime either, something could kick off here with a multi-bag, but definitely a risky situation and could lose the lot! Only for the brave. GLA DYOR AIMHO.

This just doesn't seem a viable commercial proposition, unless it was able to scale revenue at significantly higher levels than it currently operates.

Given it's lost 84% of what it had, that makes it look pretty impossible and hence why liquidation looks like it could be on the cards.

When companies that keep all their eggs in one basket and don't diversify their revenue streams, they end up becoming entangled and squeezed until they finally pop.

At 500k per month burn, how quick can the coffers be emptied?

Where's the FDA approval Stratton? If it's nailed on, why hasn't it been announced... to keep the mugs buying more shares... to fund BOD Champagne Lifestyles! That's why!

Mister Positiv, posting on multi-accounts could be deemed market abuse.

Your friend Stratton is quoting FDA approval as nailed on but the SP is 1.2p, not 7p.

Why the massive delta? What risk is being factored in?

Ohhhh. Maybe the 500k per month CASH BURN!

Yes, but "if" it gets FDA approval isn't a guarantee it will is it.

I'm focussing on the facts, here and now.

Try prompting AI without that MASSIVE assumption.

Hey Stratton, what do you mean Deramper? It was an impartial and balanced analysis.

The probability of failure is much higher than the proverbial moonshot which the agent alludes to. It feels fair to me.

Are you saying this is 100% going to make all investors rich?

Hey guys, I just screened this stock using an AI agent, here's the verdict on what it thinks:

If you're a conservative or fundamentals-driven investor: No - this is not a buy.

The company is too small, too loss-making, and too speculative.

If you're a high-risk, asymmetric-return speculator:

It could be interesting as a tiny-position moonshot, but only with the expectation that:

Dilution is likely, volatility will be extreme, and the investment could go to zero.

This is not a stock you buy for stability - it's one you buy for optionality...

How often does AI get it wrong?

I think these will get hammered by the expected fuel/reight cost increases causes by the middle east war.

Massively unfortunate, as they looked to be on the right path, but all that's gone out the window now.

I think we're going to be seeing 20's in the coming months.

This company has devised a brilliant new strategy of selling Bitcoin at a loss, to then plow the proceeds into prospective gold projects.

Of course you want to buy more.

What happened with the review of Texas that was coming up? I hear they have some brilliant Steakhouses in that part of the world.

No, i think you are wrong Stratton.

They could easily do a discounted placing and the SP can go lower.

Good luck with you Pump & Dump.