RE: Sone news coming?28 Sep 2021 15:36
@Amran - you say that mention of a placing coming at some point is absolute nonsense yet your claims of 20p by September etc are not?
Whenever I have mentioned the topic of a placing in the past (never popular) I have suggested it is possible (note the word possible) because of the costs that come with production, marketing, distribution and putting the company in a position to generate revenue that will drive the SP higher. Every time I have mentioned that a placing has to be considered (the claims of the money in the bank that are posted here are NOT based on fact as no-one knows what expenditure has happened to date) I have also added that placings are not always to be seen as a negative. If a placing comes to finance a roll-out that will generate profits then I for one support that as it may be the catalyst needed to push the SP upwards.
Your claims that the SP is going to x or y are never backed up with any substantiation or your reasoning so quite rightly are dismissed as mindless ramping. You've gone from someone planning to spend your millions by the year end to a constant moaner complaining the company don't have products yet. You change with the wind and have been more negative than most recently. You have also made it clear that you are massively underwater (and keep buying into the drops) and will be exiting when you can but you still expect us to believe your ramping to enable you to do that.
The company have a good looking website, are busy finalising their initial launches and the products will be released when they are ready. This isn't a short-term play (it will be 2023 at the earliest before the company show any sort of profit) and the BOD aren't focussed on getting the SP to your exit point but are making sure they get everything in place to ensure a successful launch.
Those that can sit on their hands and not chase the SP are the ones that will do well here