The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Maybe bizarre but I'm not sitting on a loss like 99.9% that are invested here. That loss doesn't include Echo's next adventure. That my friends will be carried by who ever comes up with the cash for the new venture.
We can all slaver p but the reality is the 17 odd billion shares are for the current assets which is a 5% stake in a loss making asset. (Well echo couldn't make it profitable)
You spend more time on commenting on me the the news that Echo has put out in the last 5 months. Which I'll remind you is not a peep.
Jog on
I'd need more than drink if I was holding half a billion shares of a company that owns nothing (5% of not a lot) and has no funds to buy into anything and has a p poor record. What's your average SP for your half a billion?
Other than that all is good.
Well done CDiF I still hold the Javelin record at the Grammar School 41 years on.
I also support a football club that's currently sitting 2nd bottom so we're sorting of equals.
When Chadster feel into the 3% club did they put a Gagging order on him?
CDiF could be Teeth Toilet Bed soon.
NY4Ever
The change in direction will it surprise most? Hydrogen would be my 1st choice but CDiF will remind me of my prediction bit at least there are no horses involved. Do you remember the scene in Rainman where he tried the Wheel of Fortune? Lol
CDiF
Might need the 50 later this week as I to the 30c's.
Not sure gambling is legal here!!
Here is The Barut Lara. I think I saw MH at the beach bar with Parsnips
CDiF
No not back, still soaking it up in Turkey.
NY
Everyone can come up with a new strategy and they all need financed. The line is very fine in burning and starting a fresh and being a phoenix. The Phoenix carries the credit history and the vast shares. Fresh brings with it startup costs and a novice feel.
So reinventing a failed company or total new start. SB is his strengths in start ups or renovation that is where Echo is right now or was he just on need of a job?
So far he gets zero out of 10 for communicating his intentions and Comms skillset.
Ny4ever
Thanks for the update. I wouldn't have expected him to be negative as he shouldn't be in the post of he was.
We will find out when and if a dune deal is done and how deep the hat needs to be when it's passed around.
Ny4ever
Do you remember when a million trade was a massive deal and a talking point. Now you need that to turn a 100 Mil to make a couple of hundred quid as a day trader.
Better chance of making some cash on Corach Rambler this afternoon. Its worth a £100 E/W
The weired thing is a company with half a dozen employees and 17.3billion shares has a CEO that doesn't communicate at all.
I get that the majority of posters don't like what I post, most because they don't want to be invested in a company with no assets no cash and a SP that keeps falling. Everyone likes a good back slap and a feel good moment.
I try hard to keep to the subject as in Echo and to balance the rhetoric.
Not negative vibes, just someone needs to hold onto the strings of some of the helium filled posts and hold Echo to account. (No pun intended we all know the auditor had a struggle passing them)
I don't want any investors to loss their hard earned money here, but many have. But this isn't a coin flip or a red or black bet where the next chance must be red as the last 15 have been black. The last 15 have been black for a reason.
It does puzzle me when a 6,000 + poster drops in a line of a billion and £10k?
Anyways time to look out the Panama hat.
CDiF I was waiting on one of the more enlightened posters to ask which of your invested companies dividends you converted into your todays £4.4k share purchase.
Anyways I only spent £139 on my lunch today not £4.4k My daughter drove so no walk, but we did have lunch.
I'm heading off for a few weeks on Thursday so you will get some rest bite unless SB says something.
A billion what for £10k Steve?
CDiF paid £4.4k for 100,000,000.
All these zeros confuse some people, unless you already hold 800M+ shares.
That's why consolidation should be taken seriously.
To reach his 1 billion target it was going to cost him £50k and his holdings would be worth around £40kish (selling price).
Crazy low prices just keep getting lower.
Before any super-duper news arrives do you think a consolidation would be on the cards? Is the such a thing as a better time for this to happen?
How did it work out for you at VAST CDiF?
Morning CDiF
I notice you used "had" (passed tense) and not "has" (present tense)? does make it read slightly differently.. As far as we are aware he still holds his 771,000,000 shares . which in his own words he was underwater by thousands getting into the TR1 club. before it's further 15% drop. I wonder what his feeling he's getting in his gut at the moment?
Sure he has a chance of going big if it gets above his average by at least a couple of times.
Was that Chadster singing there? he's down 15% since his entry into the TR1 club.
Hardly a peep in the last month. hope hes ok
Nicely dodged CDiF
CDiF
When did you realise VAST was a Lifestyle company? What is the difference to how Echo is run?
Asking for a friend
That 5 % interest was 20 odd % down MoM on production from Jan to Feb latest figures. I guess still liable fòr 5% of the costs. No issues here move on.
Good Lad Stiff Upper lip.
You keep buying them and they'll keep printing them.