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I have indeed been a long term holder and traded some on the spike so I ask you again are you short? i am not defending the company from before i am looking at the future since the decks have been cleaned. Tell me your reasons to be short here as the risk to the upside massively outweighs the risk of the downside. you got the debt figure wrong and trust me your short will soon be shown to be a wrong decision....if you arent short then why are you bothering with this conversation?
Are you still stuck in the past???? what is your issue apart from the fact you must be short and are getting nervous..rightly so
I am very aware that he worked for BC and he didnt deliver anything useful for MSG thats why they ended the relationship/jv. Results for the year Despite the Group's net loss for the year of �2,257,524 (2016: �1,667,270) and revenues of �29,395 (2016: �71,359), of which �4,755 (�2016: �34,104) relates to discontinued operations, the Group has an improved statement of financial position at the year-end, showing net liabilities of �645,884 (2016: �1,019,656). UNLESS i am mistaken the current debt pre raise was 645k not the figure you have spouted on about
Professor Michael Mainelli Executive Chairman Z/Yen Group A qualified accountant, securities professional, computer specialist, and management consultant, educated at Harvard University and Trinity College Dublin, Michael gained his PhD at the London School of Economics where he was also a Visiting Professor. He began his career as a research scientist in aerospace & cartography. His biggest technical claim to fame might be the first commercial digital map of the world. He entered the City of London in 1984 ahead of Big Bang, becoming an accountancy-firm partner and later a director of Ministry of Defence research. During a spell in merchant banking, he co-founded Z/Yen in 1994, the City of London�s leading think-tank, to promote societal advance through better finance and technology. He has led Z/Yen from creating mutual distributed ledgers (aka blockchains) in 1995 through Taskforce 2000, Long Finance, the Global Financial Centres Index, and the Global Intellectual Property Index. Over the years his clients have included virtually all major investment banks, as well as many exchanges, insurers, fund managers, regulators, and financial information providers. He is Alderman of the City of London for Broad Street, Emeritus Professor & Trustee at Gresham College, Fellow of Goodenough College, non-executive director of two listed firms and a regulator, trustee of several charities, and Senior Warden of the Worshipful Company of World Traders. He has written numerous academic papers and his third book, The Price of Fish: A New Approach to Wicked Economics and Better Decisions, won the 2012 Independent Publisher Book Awards Finance, Investment & Economics Gold Prize.
look at zyen.com and the guy behind it is Michael Mainelli
http://www.zyen.com/what-we-do/mutual-distributed-ledgers.html This guy is not a joke like the last one it seems
Mr Cummings or whatever his name is was a left over from the days of DW and was untested...the company did well to get rid of him once it was proven he couldnt deliver and now it seems the godfather of blockchain Professor Michael Mainelli is involved in the tech via his company Z/YEN You have failed to answer the 2 questions i asked...1.Are you short ....2.Where have you got the debt figure from?
I have been monitoring this board as a long term holder of this stock and am interested why you have no forward vision and continually talk about the past? Yes the co has been a total joke under the umbrella of DW but that was then and this is now...of course it takes time to clean the company after such a long period of mismanagement and excess cash burn but under new management there is only upside as far as i can see. Daveavt are you short of this and if so where are you getting your dept figure from as i would have thought their debt position is far far smaller than you say. Martin Heath is a serious character in the music media business so a JV with his company can only be good news...and again you talk of seed media being in debt...so what?...that's what businesses do as they grow and become cashflow neutral and then positive...of course many fall over but in my view the new team around milestone and with Mr Heath involved the sky is blue...stop looking at rain in the past where you are stuck