Member Info for roleybirkin

Pojjy says "The trouble with ends of bells like Jibber, Riley, JD, Barry, Ready etc is they can’t back up their projections with real life facts and figures"

IF ONLY you knew where to look child...

The Polygon report I just ran off shows 2 Puma Ultimates sold this evening for $10,000 each"

Here are the two applicable lines.

FACT, FACT, FIGURES...

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ERC-20 Token Txns
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Latest 25 from a total of 633 transactions

Txn Hash
Method
Block
Age
From
To
Value [Txn Fee]
0x6b6e264cbf050df9b13be1c6d332135440725f95b2375906c754e95553729b9e Mint Non Fungibl... 40870351 2 hrs 20 mins ago 0xf50899bece26abd4182a09a3e5ccb45ee7d97848 OUT 0x27c05fe522a14c4dfe9f523c310a955c87d29555 0 MATIC 0.0421304024
0x533d38bba190b06d18c8a36b6a5437d1ac39ef2f466bcd761b9042327fd3b9a7 Mint Non Fungibl... 40870035 2 hrs 32 mins ago 0xf50899bece26abd4182a09a3e5ccb45ee7d97848 OUT 0x27c05fe522a14c4dfe9f523c310a955c87d29555 0 MATIC 0.0372703704

Grow up POJJY.
Child

Not fooling anyone there POJJY

If I was you System, I would worry about learning your 5 times table...

Thx Magoo...

1- Mo and the company have done a few recent interviews but another presentation can work
2- They have announced a cash distribution (not a dividend) and that should be formally announced next month so on it's way
3- They could be closing deals quite frequently - no need to RNS any individual contract under 10% of forecast or expected revenues - I would think we have signed one or two in Q1 about to end
4- Not sure why the house broker is at fault for predominantly retail selling in the worst market turmoil seen for decades?

So Magog, to be helpful and assist…
What would you do that you feel the company is not doing ?

For the record guzzler it has been fairly straightforward to work out the Q1 NFT revenues to the nearest $5k…
As System only deals in round numbers.
All about wallets and Polyscan reports…

800 at least

Wafer thin margins?
What do you feel the margin is then?

System, there is nothing like getting it wrong and then masking that with a negative post suggesting they are running low on cash....

Like I would trust you with numbers based on those previous two posts.

Get back to your Tommy Tippee keyboard.

For Mo to turn out to be a CF then we need to see evidence of that being the case.
I would argue that Mo is the total opposite of a CF.
Mo seems measured in his interviews... he is calm, factual, clear and concise and is more of the under promise and over deliver type of individual...
When he talks of £55m in revenues but then states "over 95% already contractually signed" in mid Feb then you know he is under promising but knows he will over deliver...
Bear in mind a contract for over £6m has been announced since that statement so suggests over 100% of that £55m is signed already by end Q1.

Incessant selling but we know not why?
Valuation at £89.5m
Cash likely through £30m
EV now of just £59.5m
NUTS.... simply crazy valuation

System now states - "oops per month. £300k per month easy to keep that going surely"
You do understand that £300k per month is only £3.6m per annum don't you?
Or do you?
It's like teaching children.
Basics System.... basics...
Oh dear!

“I believe it was a figure worked out over 6 months” says guzzler…
Do you now…
So not 12 months?
Okay…
Divide £15.6m by two and…. Oh, it’s £7.8m.
Still not £4m.
You uninvested negative ninnies do like to stick together.
Must do better guzzler.
Toodle pip.

System,
You do understand that £300k per week is £15.6m a year of revenue per year and not £4m?

You stated “£4m revenue to break even at that GP - over £300k per week.”

I like your optimism…

I have indeed stated that I can see a path to the £4m of revenue that two posters deemed impossible to achieve or a massive ask.
I thank you…

With all due respect guzzler, you are not putting words or statements in my mouth.
You say whatever you wish.
It has nothing to do with me…

Great leap their guzzler.
Let me ask you a question?

So POJ/Steve and System/Whoosher that's the best you guys can do?
Massive ask and impossible to achieve...

Yet they have delivered 280% growth in revenues 1H 2023 over 2022 - fact
And I would suggest £2.5m is achievable full year to end June 2023 - 144% up yoy - possible
And yet a more modest 61% growth in the year to June 2024 beats £4m? - possible

And surprised shareholders are not asking the question - why the high Admin Expense as the NFT project goes live and commences drops?
Maybe the answer is -
- license fee costs and up front payments - fact
- setting up the Mexican operation - fact
- employing local people in Mexico and adding staff in London - fact
- NFT platform development both primary and secondary connectivity - fact
Could it be that the Admin Expense may actually fall going forward?

Guys - you must do better as you are failing dismally. rank amateurs...

Highlights and lowlights...

Revenue up 280% at £1.069m - tick
Gross profit at £440k = margin of 41.16% - tick for now (needs to hold up above 40%)
Selling and marketing costs at £98k - 9.17% of sales - tick
Admin expense at £1.574m up from £690k - negative - rise looks high at 158% higher than equivalent 6 months in 2022

In summary, I am looking for sales to be driven across the twelve months of 2023.
I am looking for revenues of £2.4m to end June (up from £1.02m +135%)
and then £1.6m for the 6 months to end December...

Long way to go and costs need to be managed tightly, but good to see cash of around £250k spent in Q1 to date...