Member Info for roleybirkin

2. THAT salaries of all directors and any board members be reduced by 75% and benchmarked against similar companies to the Company;

I actually find this resolution does not make sense?
Board members to take a cut by 75% but also benchmarked against similar companies?
Weird.
Which point are shareholders voting against as the two statements could easily be vastly different....
Whichever lawyer drafted this point needs to be chastised as an imbecile could have written it better in my view.
Thoughts?

Maybe worth taking each resolution one by one for people's opinions?
1- 1. THAT Andrew Male be removed from office as Chairman of the Company with immediate effect pursuant to section 168 of the Act;

I have talked with Andrew a few times and he seems studious and knowledgeable so not quite sure what he has done incorrect? I feel that items like marketing spend have certainly been out of control but that was a board decision and not necessarily just down to AM?
Thoughts?

Morning SamBar and thank you for your thoughts.
My question is also around CEO and director salaries. Has anyone had any confirmation as to the salary of the CEO which I have seen cited at £250,000?
It is important we vote with correct information to hand.

“which has already secured several key customer wins in 2022”
States Brandshield…..

Crypto gaming mandate secured.
Growth continues apace.

Newunc, the global market conditions are somewhat unprecedented and the falling share prices are across the board.
That has nothing to do with how the company may be progressing and I for one am happy to be hearing from our CEO as to positive things taking place.
It gives me solace that once we are out of this crazy situation we may actually have a successful growing company.

The markets are in turmoil especially in the nano/micro cap space so the likelihood is you will be able to buy cheaper.
We shall see, but for me I am sitting where I am.

The full listing should be completed before the end of March so time is creeping up.
My only concern may be that the FCA are swamped given all that is happening in Ukraine, and Russian firms and Russian authorised individuals may be taking priroity?
We shall see...

I take solace from Nigel Burton taking up 200m shares at 0.10p - £200,000 which shows significant intent that all is going okay behind the scenes.
That suggests for now that 0.10p would be a floor.
Then you add the update/s from GB I would again suggest that positive things are taking place.

Gerry Brandon, Non-executive Chairman of Microsaic Systems, commented:

"The exercise of warrants and investment of £200,000 by Dr. Nigel Burton, Non-executive Director, and our receipt of share based remuneration in lieu of our respective salaries for the second year, represent a strong signal of our full support for Microsaic and the commercial potential to come from its under-exploited technology. It also reflects our continuing belief in the quality of the Microsaic team, whose capabilities and expertise continue to impress."

Finally, the company is valued at £7.4m or thereabouts so the downside at 0.115p would seem low whilst success will deliver a great upside.

Bumble, here is the consolidated reporting for European markets - delivered by CBOE.
It is useful as it shows how many key venues trade and report in Europe - where there are 'dark pools' they trade 'non-displayed' and thus these trades are not likely visible to retail investors.

https://www.cboe.com/europe/equities/market_share/market/venue/#dm=tbpcan&dr=day&mt=1&ms=0&hc=1&f=0&ID=e6bf20a14833c25152c7&V=d6d8ef7b58eade4d59e9

Morning Bumble.
The MM's have a much bigger picture than retail investors. They may at any time have numerous large orders on there books, some with limit prices and some at market. Some of these orders never trade as limits are away or the size cannot be sourced.
The MM's will use dark pools of which there are over 30 that trade UK equities and most (maybe all) do not report trades to the London Stock Exchange so in effect they are 'dark'. They are reported through CBOE - European equities and combined often trade more than the LSE.
All I am trying to say is that the share price may often move and we see no reported trades real time or even delayed as many executions can be reported elsewhere.
My feeling is POW has further to fall as I am aware of some forced selling across the board (especially small caps and below) but that will not last much longer in my view.

Hi Dusty,

If it’s really good you should see a rise in share price but maybe 5 to 10%, and it could easily pull back quickly as there are simply sellers on any strength across all nano cap/micro cap stocks in the current climate.

Not a good time to release news.

Given the nano cap and micro cap market 2.5p is very much a possibility.
Bids have actually held up well in what has been a 9 month significant sell off in the sector.
What can be sure (imo obviously) is that the TU has to be spot on factual, with a solid believable guidance on 2022.
This market will hit any company hard if the TU comes across as lacking.

Watching the game tonight and poor old Norwich looking bang average and see that there shoulder sponsor is JD...

Was wondering if that is JD Sports or the one and only James Draper?

I agree, a great name in mobilegaming.com...
Will be interesting to understand how the site will work?
- For example will there also be an app (is there already an app?0
- How long will it take to build registrations and an audience?
- Will the site drive content et all thought o the Telco's?

Exciting time and more news to come it would seem...

The truth is simply more selling than buying...
Which does not mean there is anything wrong with the companies progress.
Just simply selling is happening for a multitude of different reasons.
If you believe, switch off and bide your time...

The 4.166m was indeed a sale closely followed by a 4m buy….

Interesting as my understanding Tencent are invested and committed elsewhere?

Good presentation.
Lot of information provided so some time needed to digest.
Overall, there is a huge opportunity for MOS to drive partnerships and revenue growth.
Great that cash burn is being managed and NO raise is required.
Let's see how the company progresses through to end June and the shares will re-rate upwards if the team continue to drive revenues and growth.

The number of $150,000 is likely the January revenue number as invoicing is one month in arrears…
Quarterly growth at 87%.
Superb progress.