Member Info for Ronaldtrump

Cash received from customers                                                                                                       6,875                     2,432

Puts things into perspective if that's the level of income from 150 restaurants imagine if they had 3000 restaurants you could times those figures by 20.

Being saying for months the 50p ahead model won't work clearly doesn't generate enough income.

The Company is operating in a competitive market and faces competition from other companies who do or may in the future offer a similar service on similar terms. Competitors may have much greater marketing budgets than the Company. If the Company is unable to attract sufficient restaurants and potential customers in the UK at the rate expected, the Company may be unable to successfully compete in the market which would have a material adverse impact on its future prospects.

FINALLY A BIT OF HONESTY from this mornings RNS

COMMUNICORP UK LIMITED =Company number NI622021. Owner / operator of 11 radio stations, great platform for advertising TableNow.
TableNow on there own Website claim there registered company number is NI622021. If table now is part of the same group of radio stations it would explain how they grew so quick, advertising !!! and not because of one man Tom Sumner, that some are trying to have you believe.
Sanj was the saviour that grew a platform by thousands.
Now Tom's the saviour that grew a platform by thousands.
People need to wake up, 11 radio stations advertising could grow any business Bigdish doesn't have that luxury or the funding to pay for 11 radio stations to advertise.

Have to agree with the count Bids has a spectacular future will eventually get bought out above £1 a share

This on the other hand is practically a dead duck only with 1.1million as of September and managing to squander 1million from june to September, it's not rocket science the pot must be practically empty imo
If I was holding I'd be getting out while I still could if anyone is daft enough to take them.

Raised 2.1 million in June
Cash balance of 1.1 million as of September (1million spent in 3 to 4 months)

How much have they managed to get through during
October
November
December
At the previous rate of spend one could assume there wouldn't be alot left.

Don't forget only last April they claimed to be fully funded to execute there plans but had to raise funds with only a few thousand left in the bank.
How can you believe they have the funds now at that rate this lot spend money.

A rate of cash burn of 4 to 5 million per annum will probably need 2000 to 3000 restaurants to break even based on the current model of 50p a head

I would be amazed if this doesn't drop to 0.8p or below Monday or Tuesday
This previously rose on false promises and JW pumping the living daylights out of it, nothing of any substance.
Dish now have ZM as digital communications officer so would it be fair to assume he would be on the payroll
If so I would take most of what's reported with a pinch of salt when this begins to get pumped again with more false promises, better to hang fire and see if things can be turned round before investing, with only a million in the bank left in September after having only just raising 2.1million in June and no credible source of income this is a very very high risk punt imo.
I don't see how 400-500 restaurants come March/ April paying just 50p a head will be enough to stop this sinking or inflicting massive dilution to stay afloat.

Spending 1.1million in approximately 3 months without the promised 10 territory managers ever been employed makes me wonder why such a high rate of cash burn in such a short space of time with a minimal number of employees?????

Wouldn't want to be stuck in this over the weekend
If RNS drops 1st thing monday showing results.
The shareprice could lose approximately half its value.

Looking forward to seeing the results Monday/Tuesday
Should more than wipe out today's rise, imo

Thought the same myself Art maybe the last man forgot to turn the lights off lol
Wonder how much longer this has got as they have lost alot of the lth so not sure who will cough up at the next dilution, personally I think that will be when the curtain comes down on this one.

Similar pattern here to the ukog share chart spikes to approx 9p and been on the decline ever since

Totally different share but almost identical pattern ukog now 0.8p and falling.

25 restaurants LOL
3 territory managers covering London we was told and all they could achieve was 25 restaurants no wonder the plan has been changed again. Just gets better and better here.

Hedged i feel you are totally correct, things look likely to get alot worse here (1p beckons)
Companies cannot continually getaway with losing bucket loads of money year after year.
Amigo making a fortune
Upgs
Amo tech

All making substantial amounts of money, and paying good dividends, sometimes greed takes over common sense and is why some choose to invest in companies with a track record of losing money.

18% spread looks like mm are trying to keep remaining investors locked in.

All sells today
Plenty here heading for the hills.
Investors appear to have lost any last ounce of faith that things could have been turned round.

Sells showing as buys this looks set to fall again imo
Question is buy how much

Should start the new year on new lows
0.8
0.6
0.5
My initial thoughts months ago was 0.8 when results were published but it could go alot lot lower.
Tom the telesales manager needs to achieve some good numbers during January or I fear shareholders will be diluted even further.

Massive drops in share price in April shortly after the RNS reporting Strong copper results from BKM
Begs the question why ???
Maybe results were not quiet as strong as first thought
To lose 50% of the company value on such strong results doesn't add up imo.

Appeared to drop significantly after announcing drill results on the 26th November.

Lost 75% of its value in less than a year
What's gone wrong ?