Member Info for smokeysalt

I'M BACK BABY

I'm getting perilously close to being in profit here...

I absolutely cannot wait for this, along with me only other AIM gamble (that I'm just waiting for the terms of administration to be agreed on, should be any week now) to disappear from my portfolio so I can begin the healing process haha

I sold 80% of my Prem holding today at about a 70% loss, so don't worry everyone - it'll undoubtedly sky rocket over the next few days! Took one for the team, there.

At this point I am 86% down like the fool I am. However, I have too much FOMO to sell up as, while my total investment will be a bit of a kick in the teeth if it goes to zero, what's left in represents less than 1% of my portfolio, sooooo... what the hell. I know this doesn't further the discussion, but I just wanted to tell someone to share the pain haha

I've just bought more.

Showing my ignorance here, but would there be any upside for private investors? I previously assumed that we'd get something back, but I've been burnt before. Trying to learn as much as I can!

I'm sitting at 0.33 and weeping

You need an inverse smokeysalt fund and you'll be golden! :-D

That's it, no more picking shares for me. I only ever pick lemons. Might as well just hold the bag on this one I guess. To think I could have made some money at one point.

Damn, sorry to hear that, for all of us but especially you. How gutting. It feels shady to me, but I am not experienced enough to understand why, so that's on me I guess.

I don't have much to add unfortunately, but I saw one of the directors stood down and they are trying to fill the gap. I keep checking here to hope against hope there's even a glimmer of not bad news.

Do the greater minds than mine that are out there (of which you will be plentiful), have a grasp on his motivations? Is it liquidity to be able to continue the business of potentially wrapping UBG up? Or an actual investment?

I am starting to doubt whether the marketplace was actually intended to operate beyond the short term... Maybe I am being a little too conspiratorial.

So what's left at Unbound? Some debt? Presumably IP, customer database etc were part of Beaconsfield / Hotters

But UBG no longer have any method of generating revenue if I am understanding correctly?

I can't help but feel played. 😅

Looks like they have managed to get a tidy discount.

You flatter me assuming I'm a.ramping crew, I'm a rank amateur that picked up some shares earlier in the year after learning of unbound and hotters. I've written it off now but just curious of what people of unbound Vs hotters.

Or should I just let the hope die haha

I know that the Unbound website has little to sell at the moment, but the Hotters website still seems to have much more available. Not sure what people think about that.

That was meant to be the Hotter website, but my link was removed.