Member Info for skid35

SD235, 100%.

Getting a little annoyed with short termism on some investment trusts where SABA has a holding. IP Group is only about 1% of my SIPP but is in with others such as RTW, Draper etc making up 5%.

Not attending, too much work. Can someone ask some hard basic questions on the lack of scaling and growth on existing products in a buoyant market, and exactly where they are with SweetBio with key decision makers and what are the criteria for these decisions.

A write up would be very appreciated.

Clearly the board knew something was amiss well before the Ceo was given his marching orders.

The Cfo should be all over the forecast in increbible detail, its a mathematical model from expecation of factors when a contract is signed.

Harwood boys will be furious here.

They need a plan for the "core" business, otherwise the cash will be paid in directors fees in no time.

Pmason., You really don't have a clue. An awarded patent is an awarded patent, 99% of patents don't cover the annual.cost - in enets case it's 100%. It's not a successful patent, just an awarded one.

Its not a matter of transferring assets. He has been working 5 days a week on ENET cash, probably a hour or two a week on ENET business.

A successful patent isn't one that has been awarded, it is one that has commercial value.

No, this would be an RNS and would have to be declared as directors have related interests. there isn't a "third party", I Expect DLs local reputation about the same as on AIM.

Jan - June was the time there was the expectation that they would slowly build ARR, not massive amounts just a gradual build and then interspersed with the occasional £100k plus deal adding materially to ARR.

David needs to show he can build a business, not just right size an existing one which is the easy part.

You can guarantee ENET resources will have been diverted to this new venture, the non execs really need to do the very basics of their roles.

Incremental revenues drop straight to profit ? Very high incremental margin but not a.software.business

Not just SBTX, total incompetence elsewhere.

The £50k is purely the retail offer

My confidence in David is now going the same way as Angus with his tens of millions of pipeline and companies knocking at the door with offers to buy the business.

Execution of business development initiatives to contract signature are all that matters. Half way through the year and small incremental renewals (which may be just CPI) just dont cut it.

So no material sales, closing of any pipeline not on the horizon.

Think David has been taking notes from Angus.

As Angus found out you can strategize and spreadsheet optimistic projections, at some point you actually have to sell.

Really didn't get the Harwood bloke saying they didn't own any shares in myx but they were held / owned by their broker stav jones ?

Either they meant they weren't owned in Oryx or North Atlantic but held elsewhere in harwood ?

Basically ridiculous that this was spun off, duplicate listing costs, duplicate over paid CEO, CFO, Chair, duplictae audit fees....

From the SBTX rise this morning good to see SOH timings as good as ever on share sales.....

Charles Archer on the MUMs pod stating the expansion contract is £100k per year ? If you cant even understand the basics of an RNS best not comment as you just appear completely stupid.

BVR - VOX markets Podcast was positive (from management at least)

Nothing to do with us, it's been a couple of months short of insolvency since ipo. DL is doing a great job on this kpi.

Maidit.

DL and ENET have never got anywhere near a forecast. They have a run rate of $300-400m royalties and as the half year approaches nothing more. The forecast, as usual, doesn't hold any basic scrutiny and is just made up.

Pmason.

The be a going concern they have to have new income sources.

Multi banging based on what news ?