Member Info for oldandtired

Mysteron, many moons ago, I had shares in this company. Why don't you take the time to read the posts here for the last year? The posts about Fastbase will be very illuminating. I occasionally pop in here to see what's happening. It's like watching a train crash; it's very hard to take your eyes off it.

The mugs who bought this morning have allowed people to get out of this dog of a share.

Liquid1, what is the source for your quotation on third party fundraising?

If you look at my posting history, you can see that I have been a holder for quite some time. I have been very happy indeed with the rise and I have taken full advantage of it. to sell all of my shares this morning. Best of luck if you are still holding after such a sharp rise. You are obviously a lot braver than me!

I'm surprised that the share price has risen so much. After all, Oyster tried to get joint ventures for years for their licences but there were no takers. Any company that was interested could have bought Oyster for a small sum but nobody bothered. Obviously, some poeple think Gunsynd can do better than Oyster did with the same assets but given Gunsynd's track record, that looks very optimistic.

Don't say that you weren't warned. This is my post from 1/6/18.
" The administrative expenses alone are over 6 million dollars a year. For what? At this rate, it won't take long for all the cash to be extracted from this company. I presume that it will then be quietly closed down or the directors take it private for a nominal sum".

I see that MasterRSI has been utterly humiliated on the Advfn board. Witness the following post from King Suarez.

Master RSI,

Re: your post 805 - this is disingenuous - the actual definition is as follows:

Total debt to capitalisation = (short + long term debt) / (short + long term debt + shareholders equity)

For MRS as at 31.6.18 = (16,025 + 4,522) / (16,025 + 4,522 + 10,277)

= a ratio of 66%

This has improved markedly from 31.6.17:

For MRS as at 31.6.17 = (11,127 + 7,971) / (11,127 + 7,971 + 3,722)

= a ratio of 84%

Note the above has NOTHING to do with the share price (market cap) - it is based on the balance sheet (financial fundamentals) values of debt and shareholders equity.

hxxps://www.investopedia.com/terms/t/total-debttocapitalization-ratio.asp

The above demonstrates an improvement in debt/capitalisation ratio from 84% down to 66% in one year - demonstrating the improvement in the position of the business.

Try again? (or maybe not).

KS

I see that the trolls are out in force today. They sound increasingly desperate. I think their trolling would be more effective on a company which doesn't make money.

MRSI, I got the figures from your own post this morning which you posted at 10.31 am. Can you not remember that far back?

MRSI, I got the figure of less than three times earnings from you. Do you not read your own posts?

MRSI, since you are not invested here, why are you wasting so much of your valuable time posting here? Or do you think that you are providing a public service by rubbishing companies you have no interest in?

MRSI, so you are saying that the company is overvalued at less than three times earnings. Do you invest in the stock market much?

It looks as if the selling has finally dried up. Is saying this just asking for trouble?

Win4call, I have been wondering about that for a while. I am convinced that at least one of the major holders has sold down their holding and haven't bothered to update the market. It is either that or multiple private investors have simultaneously sold several millions of shares each recently. That sounds highly improbable.

I find the movement of exchange rates even harder to forecast than share prices. If a no deal Brexit happens or there is a new government with Jeremy Corbyn as prime minister, who knows where the pound will end up (or down).

There has been a good recovery today from the fall this morning. There has been good buying this afternoon.

Ian, did the holder say that he had finished selling? I must say that the big sell this morning looked like somebody had dumped the last of his stock in one go.

MasterRSI, how dare you imply that I am in a nursing home! I am only 98 years old. Even my father finds your post offensive.

Says the man who forecast the shares would be suspended.

MasterRSI, so you enjoy laughing at people? You really are a piece of work.