Current m/cap is 15million Seriously what would any of you pay to take over now as it currently stands and on performance over the last 12months or last 6 months 15million anyone (didn't think so) 10million ( nah not worth that either) 7million ( not after having to dilute share holders within 1st year) 5million PLEASE someone has got to thinks it's worth 5million now it has 111 restaurants Currently worth about 2-3 million imo
To warn potential investors not to invest a penny until the board delivers on multiple broken promises
You obviously want to create demand to try to make more money or recoup losses at other people's expense.
I have no agenda but I've never been on a board with so many desperate people like you beeba an vino (bottm) to persuade others to part with there hard earned flogging a dead donkey Every time you post lies ( an dreamt up forecasts) I'll post some facts LOL
Scottish It's nothing to do with what they get charged The fee is minimal 50% discount =50p per dinner 25% = £1 per dinner Problem is they force the 50% on restaurants What restaurant owner in their right mind would sell a fillet steak with all the trimmings for £10 and pay a £1 for the privilege? Answer = 111 that will probably end up going bust
Vino (bottm) told you I jump ship with 60k profit when imo the issued shares to forward sell taking the p out of share holders If I'm wrong you tell me what they have delivered and give everyone the evidence ? Until you can stop repeatedly talking shyte Brighton arrived 2months late and still only 5 restaurants ( SAYS IT ALL)
Many restaurants there is 111 and falling Don't forget they started a year ago with 47 In the space of a year they have managed to increase numbers by 64 LOL and restaurant retention figures are appalling Another sure fire sign they can't make it work Like I've said before open table a free platform that leaves restaurants to decide if and what offers they would like to advertise. Dish = no chance until the model is changed the 50% is the stumbling block everytime.
Exactly they said already funded before the dilution Absolute bull why dilute if there was no need to More likely they spunked most of the float money and had to issue more shares to forward sell to fund their salaries I'd predict more shares being issued before December on at least one occasion.
Let's not say by early September just judge them on facts instead of pretending it is something its not, Good restaurants don't want to give 50% discounts end of
Very very hard signing 5 to 10 restaurants each a week Stop talking wet It's taken 4 of them (including Sanj who admitted being in Brighton talking to restaurants) 4 months to get 13 restaurants on the platform 13÷4months = 3.25 restaurants ÷ by 4 people =0.81 or less than 1 restaurant per person per month An absolute sham And you're talking 10 week per manager what planet have you been on for the last 6months they have achieved naff all and will continue to achieve naff all.
2/3 territory managers +Sanj End March - July 23rd 13 new restaurants added to platform over 4 months And 7 restaurants have taken themselves off the platform An increase of 6 restaurants over a 4 month period Its not happening
Its also worth a mention that since the end of MARCH They achieved the following Swindon = 3 restaurants Taunton = 5 restaurants Brighton = 5 restaurants 4 months hard work produced 13 restaurants Laughable now i'm not invested
Its also worth a mention that during may when they were supposed to have 3 territory managers They achieved the following Swindon = 3 restaurants Taunton = 5 restaurants Less than 3 each for a whole months work Laughable now i'm not invested
Correct Ralph regarding the 3rd territory managers Brighton originally supposed to be live in May Then Sanj played a blinder by announcing Swindon and Taunton live (end of May) with Brighton now put back to the following week ( 1st week of June along with Reading) Well Brighton did eventually arrive with a massive 5 restaurants 3 territory managers between them managed to persuade 5 restaurants from the end of May to almost the end of July to use the platform. In that same time period more restaurants have taken themselves off the platform another deeply worrying sign for anyone holding any significant volume. No doubt i'll be lambasted by beeba for stating facts Also No Reading No Winchester No update ?
This will go from strength to strength over the comings months, time to hop on for the ride. Anyone holding long term will see spectacular gains, one for the sipp to speed up the retirement.