Member Info for Skeletor

Given 3 months ago 1 sol was roughly $35 and

You couldn’t make it up!!!

After everything they have done they are issuing more shares!! Like the way they sneak that at the bottom. Surely the cash raised at 0.18p means they can pay cash and not shares for things.

And you are all waiting for an overdue whopper of a contract that blows the pre raise contracts out the water and it is just more of the same…

… also another one where the offering is essentially digital trading cards…. Who is buying digital trading cards? Anyone on here? Come on someone as it they have bought one of these. If not then what are you doing defending the product?

Wow - Solana is down nearly 50% today.... I s that the currency MOS sell the digital shiny player pictures in or is it cold hard dollars? Hope the latter for MOS's sake

When will the world stop using the term NFT's? It is such a broad term. The NFT part is just the certification that you own something. When I buy houses I don't say I buy title deeds I say I buy houses.....

... So in NFT terms you can sell anything unique and then provide the NFT as proof of ownership... I am not 100% sure the way the blockchain is going but I believe an example of this is as above - One day the proof you are the registered owner of your property may be via an NFT as opposed to a file held by your solicitor or bank....

.... Which brings me to MOS. Mos aren't selling NFT's they are selling fairly rubbish shiny digital collector cards with photos of mexican footballers on and for £50-£100 providing the non fungible token that says the purchaser owns this card (that anyone can use copy save etc). In fairness Panini have made decent money on this type of thing for years but I really don't see why everyone is so excited by this.

Has anyone on this board bought one of the MOS NFT's? If not why not? Because even at 50p why would you? In my opinion the whole NFT thing was a really poor way to take the company. If they could have proved the concept (and me wrong) without a huge outlay or capital raise then great... but they didn't.

Meanwhile as I think someone else has said below... The other things (that were briefly going to be "transformational") like livescores etc have not pushed on. The affiliate revenue sounded quite positive back when ME was on Zak Mir's podcast every week.

Even if ME is not a charlatan and this is a straight up business which remains to be seen I can't help think it has gone in the wrong direction.

And then you have the possibility that ME is not straight up or at least misguided in his own business acumen... 1 month and 2 days since the podcast where they send "within a month and maybe sooner". The panicked nature of the raise was because the deal needed signing "NOW" or we would lose it... So what went wrong?

Finally whilst I type that last bit and remember back to the investor meet... How much did the justification that they needed the money "now" or would "lose the deals" remind you of a man chasing his losses in a betting shop at 4.30pm on a Friday and trying to borrow a tenner of a fellow punter as "there is a dead cert in the 4.45"?? I wonder if that dead cert came in....

Have you included debt and payables plus any on their liabilities I’m that equation Caravan??

ha ha - I am not invested anymore as it happens. After 2 years I sold on the last placing as that was enough for me. Now here with a morbid curiosity... I do know what NFT's are (or could be) - They literally could be anything - tickets, vouchers, deeds to a property, entitlement to meeting your favourite player..... But unless you can correct me the NFT's that MOS are churning out are digital Panini stickers (much in the same way the broad perception of an NFT is a bored ape). Genuinely open to being corrected but that is all I could see on the Puma's drop

I hear defenders of NFT's often saying "you know it's not just Ape pictures?". I have just had a look at the Puma's NFT offering though and at a cursory glance it does just seem to be digital player cards (not dissimilar to Panini stickers - the shiny ones!!). Am I wrong or is that what we have been asking people to part with $100 for?

"pick a side" - If ever a quote more simply exemplified the issues with LSE AIM forums.

There is nothing wrong with at a point in time feeling optimistic and supportive of a stock and then due to a change in facts, circumstances etc to change your mind. It is also fine to be in the middle and unsure about a stock and ask challenging questions without being a troll.

MOS has given more opportunities than most to change minds - both positively & negatively (although the SP over the last 18 months suggest more the latter)

He needs to go. What are the chances of him getting voted out?

What a huge joke.

If MOS had potential then they would place at no discount. To buy 13% if a company on open market would be impossible without significantly raising sp so raising at no discount is actually like giving a discount.

33% is huge. Unbelievable. So cavalier. Just slow down growth. Use revenue to pay for growth.

Honestly unbelievable. How has every raise for the last 2 years been lower than the last. I will be out st 8.01am. Even just out of principle.

Okay I take that back - Have now seen the Auditors report in the Annual report - Just thought they could have introduced the results as "present out Audited FY results". Nevermind, all's well that ends well

Is there a reason why they don't appear to be audited? Isn't that a requirement on LSE?

I have only just realised that results are March 31st and not June 20th… so basically it is publish today or suspend? Is that not right? You only have 6 months to get results out?

Glengarth. They are maybe straightforward but they need an independent auditor to sign them off. Given corporate governance is not a strong point here what’s the betting that this is the issue…. Although I would hope they would be legally obliged to tell us that is the reason.

Best thing this company can do is liquidate and pay every shareholder about £1.50 a share you can then take that £1:50 and invest in a company that knows what it is doing.

Wow

Way worse outlook than I thought. Wasn’t this year going to be 20-30m rev and potentially ebitda positive?

Buried down if you scroll for miles is this…

Financial outlook



With revenue dependent on funding sufficient to meet project milestones, based on a re-focused portfolio, the Company anticipates its total revenues for 2022 to be in the range of €10 - 12 million. In line with the project re-focus, the Company currently forecasts an EBITDA loss in the range of €2 - 3 million (2021: (€3.8) million). The revenue and EBITDA guidance is predicated on the progression of projects' meeting anticipated timelines, in particular Deeside.

Oh dear.

Fundamentals aside - I am trying to understand why people shop on The Hut? £2bn turnover is huge considering I think it is quite a little known website - I bet my wife has not heard of it. I go on there and I struggle to see a USP... It is not a discounted brand proposition - It is Selfridges prices but without the shopping experience of being in Selfridges or the yellow bags.

What ultimately leads to £2bn of cash being parted with on that site vs any other retailer. Clearly something but for me to invest I would want to understand what it is.

I am invested here so have no motive to push sp down as no intention of buying more and live in hope of a 2021 style pump so I can exit.

The $50k is not as I read it the upfront payment. It is the maximum risk in all but the worst circumstances…. Well why not share with us the maximum risk in the worst circumstances (I.e. we have made payment but no one wants to buy NFTs).

It is a fact that if we keep making one off payments and revenue is understandably not instant then we will be reducing cash. I have no idea what significance the one off payments has in relation to cash in bank but if I had made a bet that there definitely will it be a placing by 19th October then all these upfront payments would make me nervous.

Hopefully I don’t have a clue and this will be 0.45p in the next 12 weeks.

City. How many more of these upfront payments before Steve-d is right?

So I completely forgot to think about this yesterday but by all logic should the results have been released at 7am yesterday now 10 day mourning period is over. The queen repect theory in tatters with no RNS yesterday… and none this morning either. Actually have found the last 10 days a load of nonsense but this is pretty distasteful if the queens death and the overly “we are sad” tweet was just cover for another reason to delay results….