Member Info for shamI89

Premier was best choice and it had some really attractive assets at that time. Oil meltdown of 2013/2014 cost them heavily as they had bought too many assets at the height of oil boom and could not find any money to seem through to the production. Nonetheless its management screwed its own investors and they accepted a pathetic deal which kind of wiped out existing shareholders, if premier had waited for another 6 months it was in best position to take advantage of rising price of oil.Nonetheless premier did pay 263 millions which is not a small money by any stretch of imagination. This company had two oil meltdowns where some decent sized assets could have have been bought for peanuts and that could have put finances in order along with building shareholder's value. Fact is this management is useless as they have acted as a lottery winner who squanders lottery money without any care in the world.

This guys burnt through quarter of a billion dollars with nothing to show for it. They had several opportunitire to acquire decent sized assets for peanuts and management did not do anything. Look at i3 energy for example where management turned it around from a failed exploration company to a profitable outfit and they funded it with placings. If I remember correctly then premier bought Eon assets for 150 millions which added 15k bopd to company's production immediately. We have this company which is struggling to survive. Company is in this dire situation due to its management.

Gravitas has an upper hand here, any deal will likely take some time and this company wont cough up any cash. There are a few companies where management built up a sizeable production through placings and zero production. This management could have easily bought 20/30/40 k bopd assets with the money they had but instead it decided to do nothing.

As Harbour was struggling to cough up cash, problem is Rockhopper has useless management who was sitting on heaps of cash and they could not do nothing with it and just wasted it away. Harbour bought E.O.N assets dirt cheap for peanuts.Few other companies took advantage of oil melt-down and increased their production massively. This management was not interested in building any value for shareholders and went through all of available cash.

But you have nothing to add either, a flawed buisness model with 100s of competitors, where is money going to come from ?

As I said compamy does not have a premium product there are countless similar free apps available so why would somebody $1 a week for a app when they can have similar apps for free.Secondly somebody mentioned that it is not a one trick pony , second trick is not proven. It is still hard to see how can it benefit its users.

As I said compamy does not have a premium product there are countless similar free apps available so why would somebody $1 a week for a app when they can have similar apps for free.Secondly somebody mentioned that it is not a one trick pony , second trick is not proven. It is still hard to see how can it benefit its users.

Only if everything goes according to plan,problem is in these sort of companies companies promise yu world and deliver nothing.However "potential" is there but you cant value a company on "potential" .You have to look at profit/loss and then decide if a company is cheap or expensive and based on current model company seems to be expensive and hot air is driving it up. That does not tend to bode well for shareholders.

Cash burn is roughly 0.4 millions per quarter according to last year's final results. You have said that 1 million have been spent on these acquisitions that leaves 2 millions. How can you justify a market capital of 13 millions for a company that is making 1.6 million loss?

But can you not find similar apps for free ? I know that because I have similar apps where I can watch live cricket matches. So why would somebody pay £1 per week?

If I can get something for free why would I pay £1 a week? All I have to do is google it. What sort of revenue is mos generating and what profit is it making on that?

But live scores are available for free why would somebody want to pay £1 for a week when he can get these for free?

Not really , they lost their value as them shares could not be traded on exchange.Having said that you did the same to Cloud buy.I am assuming that you have your cloudbuy/lwrf shares!

How many of these patented masks have these guys sold and at what price?care to share, besides this, this side of buisness is dead as they cant get the machine running .

All this is only beneficial to company if it can get the machine running and besides that if it can sell any at a profit. When all this started it was speculated that company would be producing superior 5 ply masks.Why would somebody buy these masks when similar masks can be purchased cheaper elswwhere?

Wow, they might "pull" it around , how?Aim is full of these sort of dodgy outfits.We see a common pattern , company "stumbles" upon an exciting "idea" but does not have money.So few twitterati start pumping it and then we see company raising money on the back of this idea.This half baked idea fails to take off and rest is history.Before covid it was crypto . These sort of companies have no ontention of making a penny but as long as they cant find some idiots to fool, they will keep going.

Defraud investors , company needed cash so it jumped on covid bandwagon, original plan was to make 5 ply masks .Twittwrati were pumping it hard and that allowed company to raise money at a premium.Funnily few bod members sold their shares at very top . Right now this side of buisness is worthless and company does not have any more ideas. This is what I call a lifestyle company.We will see a name change but current bod would stick around until them 5 millions are spent.

Right mind is buying this utter garbage now, in other words company has said that sorry guys we cant sell these masks and this product is useless. It is funny to see then promoting other "opportunities" while we all know that is a bs.Inveators have been taken for a ride here.

Looks like a "p&d" is on.Dont get caught people.

So this idiot bases his investment decisions on trust pilot reviews.What a idiot our own Waren Buffoon.