Member Info for reefles

Longlad - is that meant to make us feel better?? Try thinking positively.

Your posts are depressing.

Awh what?! I was just celebrating our highest close since the summer, and was pouring myself another gin, when we dropped back to 1.60 - after hours!

Once again, BOD doing great work but we're being stiffed by the conspiring MMs.

If the SP stays like this until close, it'll be at its highest point since July.

I think the market is starting to realise that Ed DOES know what he's doing after all.

I'm late to notice the RNS about Ol' Jim, but that's pretty cool, right...?!

I'm excited, anyway. I might buy friends and family some shares in SEED for Christmas this year.

Did you invest your hard-earned money here??

I put in almost £50k, but I'd be lying if I said it was hard-earned. I got it by fleecing the administrators of a company I'd been working for, and basically thought I'd go double or quits by sticking it on FFWD.

Ed hasn't delivered what we wanted, but does that make him a lowlife? Aren't we all trying to get money for nothing?

There we go!! The bulls are running. Not just one purchase of SEED shares, but three.

If things keep going like they did between 08:00 and 08:03, we might all get our money back...

...the last time someone bought shares in SEED??

Hah - I was being more basic than that, and thinking of it as a tautology: Yes, if you wind up the company, that will indeed be the last action you take as a Board... as the Board will no longer exist.

Lads!

Yes - you've pretty much hit the nail on the head. After the AGM I was so impressed and overwhelmed with optimism that I've been trying to pitch a hard hitting biographical film about Ed and all the work he does. It won't be exactly like The Wolf of Wall Street, and obviously I'd want Ed to play himself, but everyone's expecting a big success. The working title is: "Deep Valley Opportunities in the Growth Company Space"

There were plenty of other great quotes from the AGM that will make it verbatim into the film. I think my favourite was: "As a Board, winding up the company is the last action we would take." It's hard to disagree with that.

Is there anyone else knocking around in Guernsey, waiting to go into the AGM?

Shall we all meet up for a pint before it kicks off? I'll be at the bar in the Randy Paddle for the next two hours...

Haha. I'm not sure that *was* sincere...!

But it did make me chuckle.

I also appreciated the variety in not calling Ed a clown, but saying he should be replaced by a top quality lobster. I can't claim I was expecting that, but I also can't claim to disagree. Top work.

Oh Longlad... I do find your posts exhausting and depressing.

A well drilled well.

...based on today's trades.

Anyone got any insight?

...survives again! They've just secured a deal for £2.5m in CLNs.

I bet they're wishing they hadn't sold off their whole stash at a 90% discount, now! But still, they will re-grow. Happy days.

I have received mine for my regular account, but not for my (much larger) ISA. Has anyone had the same? Is anyone else with Halifax? (Why would you be... unless your Dad had spent decades working on the backend of their share-dealing platform. I could ask him, but then he'll probably look at how many tens of thousands of pounds I've lost on Seed and cut me out of his will.)

Nope. I'm with Halifax, and nothing yet.

No go on, why...?

Mat D'or - this is something that really annoyed me. (I say "annoyed", when I mean... lost me thousands of pounds?)

From what I can see, Northern Leaf is an objectively good operation. When I first invested, I thought I was lucky to get the opportunity, because they were so oversubscribed. (I went in at the same time FFWD did.) Since then, they've done pretty much what they said they would - most notably getting medical accreditation in the UK ahead of anyone else. The only thing that has let them down is corporate advisors and the downturn in the market. If they had been ready to IPO a year or so earlier... boom.

Now, their business has been absolutely crippled - almost exclusively down to the availability of cash in the short term. They were so close to hitting operational breakeven, after a lot of (understandable) setup costs. SEED could have loaned the money on preferentially secured terms, instead of writing off their entire investment. It makes no sense.

Northern Leaf's Board is a bit dismal, but they've got great links with the States of Jersey, which is absolutely as important in their situation as having experts in the CBD world. Lobbying the States in Jersey is a couple of conversations between mates, rather than months of legislation. Northern had SO much potential.

So - Mr Salad and Mr T'berger have had their share of the company increased by about 0.5pp thanks to the buyback, but ol' Melloni appears to be very bullish