Member Info for Ronaldtrump

Personally I don't think an app generating next to zero revenue entering a 3rd year with hardly any revenue or any money will get any funding.

Any serious boutique investors will look at the performance of AB &Co over the last 2 years and head for the hills, especially when he explains although revenue has been extremely low over the last 2 years, we now won't generate any at all, because we are letting restaurants use it for free for 6months.
If they do manage to swing a meeting I can imagine it will be brief.

Boutique investor - Surely the restaurants will need to sign upto a 2year contract to qualify for the 6months free ?

BigDish - No we are relying on their goodwill

Boutique Investor - Close the door on your way out

How many downloads
How many walking around with this app that nobody I know has even heard off ???

So just eat are charging 14%
Dish want restaurants to give upto 50% discount and other than offering 2020 for (no revenue for another 6 months) they will then be looking to charge in the region of £250 a month for use of an app the majority of the public are unaware off.

Oh dear things not looking to good here
Lots trying g to sell
Hardly anyone trying to buy

Ring ring go the alarm bells

I wouldn't be surprised if over the next 2 months there where large director sell offs, because year 3 and still haven't decided which way to go and still hearing the same old currently developing the app.

Becoming a standing joke now the tunes been played than many times

And to wash it all down the board decide to award themselves almost 10million shares after achieving next to nothing revenue wise or getting the app sorted once and for all.

Can't sell any
I'm trapped
:-(

No thanks
Wouldn't touch it with a barge pole as each day passes ability to get funding looking less and less likely.

Watch this space

30% drop imo

Why bleed the company with dilution after dilution
What is money being spent on that equates to millions in losses
I would prefer to see people like AB & Co not taking a salary until the business is operating at level that can afford to pay one.
In year 3 and still developing this app that is costing millions to put together ???

More dilution almost 10million shares
Followed one can assume by 10million shares a quarter dilution on a continuing basis

On top of that more dilution should Monza stump up any more money to keep the lights on

And all this from a company generating next to nothing in revenue while still desperately trying to find a cash injection.

The clock is ticking and getting louder and louder as the severity of the situation is starting to hit home.

Previously told funded for 2020
Told months ago BigDish was in advanced talks with a boutique investor
Months later no news on the desperately needed funding
No market update
Leaving investors to assume talks maybe were not at the stage we was being led to believe
Wouldn't be the 1st time investors haven't been told the whole truth.

I think Greenun is correct stating a massive dilution is on the way.
The worry is that Dish has decided provide a free service for the next 6months, so revenue for the 3rd year in a row can be expected to be low maybe sub 50k, compare that to whopping annual losses in the millions and very limited brand awareness,

I can't see any restaurants paying Dish £250 a month as Dish doesn't have the brand awareness its larger established rivals have, and without this it is doomed to fail imo.

With hardly enough money to last to Christmas
Dish desperately need a cash injection from somewhere to survive.
I can't see where this will come from now they have taken the decision to operate a free service upto Christmas
We know results due shortly will confirm that hardly any revenue was generated for the 2nd year running
But this voluntary work upto Christmas will now mean that next years results will be the 3rd year in a row where Dish has created hardly any revenue.

I can't see any boutique or other investor thinking this is acceptable and injecting cash
The days are numbered imo

Totally agree with you Fast12 their time is limited.
An appalling / desperate decision to change policy 2 years into running a so called business

Why wait 2 years has it taken 2 years to work out the previous model wasn't working

Wing an a prayer springs to mind
I'll keep my fingers crossed for those still trapped in
6 million m/c lol

May explain the large number of tiny sells that have been going through

Sorry Tanya just asking what is happening in the 2 weeks you referred to ?

Other the BigDish a supposed business that by it's own admission needs money this year deciding to volunteer for the next 6 months
Aka - no revenue
Aka - the self proclaimed restaurant saviour ( they would have you believe (imo)
That without funding will (if it survives) enter 2021 potless should not be carrying a m/c anywhere near the current 6million, for a zero generating group of voluntary workers placing a 6 million m/c on their shoulders is delusional.

Hi Tanya what is happening in 2 weeks other than the 6 months voluntary work (aka no revenue) that BigDish are desperate to offer any restaurants that will listen

It's not Sam's fault the management has messed up

Certainly are Norris
And imo the bubble has finally burst once the managment resorted to voluntary work in order to keep busy

As frank sinatra would say ____________

As results are fastly approaching and results going on AB's email response I don't envisage total annual revenue exceeding £50k. Lol yes that's revenue not profit for a £7million m/c company

Way off the mark watch this plunge over the coming weeks

Morning Smithy
Had a look at AB's response and I'm not sure I believe the statement he doesn't look at the shareprice
Considering Dish will shortly need to raise millions to keep the lights on, he should be looking and should be concerned with the current shareprice.
Tone of the reply sounded a little off imo maybe he prefers an employee asking the questions need to see if Zaks available in future. Lol