Member Info for paulwi

This will slip to 0.15 in my opinion. Fall in net margin of 7% due to additional expenses - okay happens. Issues remain, they have lost confidence through over promising and failing to deliver on past RNS. Was amused to see Casino Cash mentioned again today when it actual fact was meant to have been launched a long time ago. We wont see any up tick in this share till a new CEO is on board.

I also read in twitter that the NAV is now something like 1.3 and we are at what .46?? I'm reading some people are struggling to buy with TD it was no problem for me.

Any feel for the value of the sale??? Im getting in while I can!

What is this on Twitter that Bekon Asset has been sold?? This is huge if true....anyone know anything?

Dipping a toe, no more than he is very experienced in the AIM Market and sees the situation, albeit with caution, the same way as we do.

Good, I stand corrected then. As I said just a hunch.

We go from zero volume to a strong tick up followed by some round figure sales. Nothing, just more of an observation having seen and being caught in spikes on this share before. Just my opinion.

I get the distinct impression we are being lined up for a forward sell. Some very round figure transactions going on this afternoon.

...................... the discussions go after 10.56??

Lets now examine another RNS 21st June 2016 “Lord Razzall, executive chairman stated, "The strong first quarter performance is encouraging and comes at a time when the company is completing significant improvements to our payment services. Along with the roll out of FreepayMaster, the payments division has agreed a partnership with Clickatell, the South African based industry leading SMS messaging service provider, which will allow customers to utilise certain features of the FreepayMaster payment platform via text messaging, particularly for access and payment authorisation.” In this RNS Mr. Razzle comments on a partnership with Clickatell….what is this partnership? Clickatell send SMS. There are hundreds of companies that can send SMS, where is the value added to Freepaymaster in this apart from now they can inform a client of an inward or outward payment via SMS?? I just don’t get this or why its in an RNS?? I believe the company has a strong payment business working in the Grey Economy where they can get large margins. I also thought Casino Cash was a good project as it followed what they knew…Grey Economy and large margins. Now the company is trying to move in other directions and I really do not get the feeling they know how to do this and Razzles comments to someone that understands a little about this industry exposes this lack of knowledge. TW posts that a cash call will be needed….should in theory be impossible as the payments business generates commission payments at the time of the payment…so the company should be cash strong. If a Cash Call is made for other than acquisitions or investments etc then serious questions need to be asked. This issue of Rolling Reserves I have read regarding other BOX related companies I also find hard to believe. If the BOX related company is charged a rolling reserve from their acquiring bank, this rolling reserve is passed onto the client….meaning the a reserve is deducted from what is owed to the end user of the payment system…..thus the reserve needed at the acquiring bank is collected from the reserve taken from the end user. Any comment saying that BOX pick up this reserve cost is in my opinion cannot be. Anyways, im just a PI with some experience in this arena and the above are my opinions based on my reading of the recent RNS, which I am ready to debate. I promise I will not block anyone on Twitter if they do not agree with me.

But now lets look at some earlier RNS from BOX, which in my opinion they have failed to deliver on: 11th June 2015 “The Casino Cash pilot at the Hippodrome Casino has concluded with positive results. The pilot succeeded in delivering real life data on the use of the machines in a high footfall casino environment and there will be a number of improvements made to the next generation of machines and software. In addition the Company is working on an innovative funding model allowing for the roll out of the schemes whilst reducing the cash requirement to keep the machines compliant with UK regulations. The Company has interest from overseas operators in rolling out Casino Cash in other countries and expects to make an announcement in the next quarter with more details about Casino Cash.” Pilot completed. Great….so on to the roll out?? 7th October 2015 “The Casino Cash machines remain in redevelopment, implementing improvements based on the lessons from the pilot scheme which are taking a little longer than planned. Additionally, the funding model for the machines, now that the Company is profitable, will change to reflect the Company's stronger operational and financial position with the aim of improving the effect on cash flow and finding a solution that reflects shareholders' needs.” Changes now needed to the terminals, based on pilot feedback. Okay, this is normal. 2nd December 2015 “The acquisition of Emex and the subsequent structural changes unfortunately mean that the roll out of Casino Cash is once again delayed; however, the FreePayMaster software directly supports the back end and escrow management feature of the casino cash mode, and this is expected to expedite the roll out of the machines over the longer term.” Delayed. Due to Emex Pay, but Freepaymaster supports Casino Cash – Don’t understand what is being said here. The Pilot was a success – but using what software and payment platform? Why has this now stopped – what happened? After this announcement in December 2015…….we have heard absolutely nothing about Casino Cash. Something the company claimed was transformational? Why? I do believe however that Casino Cash was mentioned in the recent AGM…but as I said as I was blocked from the BOX Twitter Group I cannot review what was said. But, If I recall the comments were Casino Cash is coming soon. Lets Hope. Lets now examine another RNS 21st June 2016 “Lord Razzall, executive chairman stated, "The strong first quarter performance is encouraging and comes at a time when the company is completing significant improvements to our payment services. Along with the roll out of FreepayMaster, the payments division has agreed a partnership with Clickatell, the South African based industry leading SMS messaging service provider, which will allow customers to utilise certain features of the FreepayMaster paym

Yesterday, I was kicked out from the BOX Twitter group for asking simply what did my fellow group members think of Razzles recent RNS comments. A Twitter group which frankly had moved on to other stocks , the only connection remaining was the name of the group, BOX. So, I now give my opinion on the Razzle RNS comments. Good luck to whoever blocked me with blocking me on LSE. But feel free to debate my opinions, this was always my intention and nothing more and one has to question the motives of whoever blocked me. Stocks always will have people with two opposite opinions – this is the nature of the markets. "Working with our New York based partners CFP International, Freepaymaster is now part of the SWIFT network and will soon be able to issue virtual individual IBAN (international bank account numbers) to existing and new customers - ensuring that sending and receiving payments is as smooth as possible. " I googled CFP, who seem to be a trade finance company. Bottom left of their website is a small SWIFT logo. And yes low and behold they are a member of SWIFT with the SWIFT code CFNYUS33. But seems an exotic partner for BOX but okay guess it can be. But how much business will BOX do and what could they charge for this? I would suggest not much, unless you are in the grey economy and cannot be served by the banking market. Thus I don't really see this as transformational. "Freepaymaster is also piloting a number of innovative applications including enhanced services for existing Emexpay credit card merchants, in particular with speeding up settlement cycles; encouraging users to engage in peer to peer payments thus creating an alternative payment channel within our own financial ecosystem, in most cases avoiding credit card processing charges altogether." A Financial Ecosystem is VISA, MASTERCARD and in modern terms Paypal, Skrill, Mpesa (in some countries) and in the uk the faster payment platform can also be considered as an ecosystem. To create an ecosystem you need deep pockets to spend on marketing to get adoption and then a model to make money. I really struggle to see BOX doing this. I also hope this Pilot goes better than the Casino Cash Pilot…see below. "We are continuing to develop the platform with mobile devices as the key focus area and adding technologies which support users who want secure payment services available on their mobile devices." The mobile is now just a channel to deliver services, including financial services. There is no magic to this anymore and as a channel its a MUST. BOX have to deliver solutions thru this channel, as everyone else does.

Ian - can you add me to the Box group please.

You can read it here on Vox Markets. https://www.voxmarkets.co.uk/company/PIRI/ Basically that it is a Shell at a rock bottom price and he believes that there will be a Vend In. I tend to agree with him on this.

Seems according to Doc's Podcast that he has dipped his toe and bought into PIRI. This is a good sign. The stock is not without risk, but with a Market Cap at these levels...it wont take much news to move North.

Guys, this is good news in reverse. The companies investments have been a pile of crap. Hence the need and announcement to do an RTO. RAME was already bust and this was known the day the shares were suspended. RAME can now be written off and dumped. Result a cleaner Balance Sheet for the RTO. Doesnt deserve a 17% fall in my opinion taking us to 340,000 Market Cap.....Perfect now for the RTO.

I think we will see Ambrosia take the current assets for 2 Quid....like they did with the wind project and then I assume their shares will go to the reversing group. This will happen simultaneously in my opinion with a suspension too.

Think this is shaping up for the RTO. Would make sense based on what we have seen recently from the company.

Hi, I'm new to this stock. Curious why do you think there is an RTO on the cards? I have to say im also curious what the 100,000 was raised for....working cap = regulatory costs to keep the stock listed?

Guess this is for the incoming CEO to get him/her motivated! The Group is also introducing a share option scheme, which includes HMRC approved Enterprise Management Incentive ("EMI") and non-HMRC approved elements (the "Share Option Scheme"). The Board intends to make the equivalent of up to 15% of the Company's Ordinary Shares available under the Share Option Scheme, and shareholders will be asked to approve the scheme.