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Yet another share where it seems the people in the know are scrambling to hold it together. We were supposed to get an interview this week to mitigate the previous RNS which was highlighting that there are optimisation issues. It was essentially giving the heads up that risk of unfulfillment is there. The big dogs are saying that no RNS is a good thing but is no interview a good thing? Postponed when it was supposed to be a united front of reassurance reeks to me. Sting in the tail coming. Canmax will get the thing cheap yet.
You see bb there is no come back for the lack of COMS now especially on the finances. Previously a company who put RNS out after RNS to pump the share price for hook ups and partnerships that brought next to no little value in MOS. They have changed direction but yet again are facing a low cash position probably. What is your view on them waiting for something to announce obviously before they release the historic numbers?
Financial update exactly that..... Last August 4th 2022 :- Mobile Streams plc, the AIM quoted mobile content and data intelligence company, is delighted to announce total unaudited revenue for the year to 30 June 2022 reached £1.1 million (FY21: £395k), an increase of approximately 180% over the previous year. The 6 months to June 2022 generated revenue of £810k, a 270% increase on the 6 months to 30 June 2021 (£219k), demonstrating continued strong growth. Total monthly revenue reported in June 2022 was £181k (approx.$243k), representing a monthly increase of circa 62% since the Company's last update on 1 March 2022. In addition, for the year ended 30 June 2022, Gross Profit is expected to be £498k and EBITDA -£490k (FY21 -£1,032k).
They could give this information and do not have to wait for the audit but its obviously not good looking so they are holding it back. W4nkste1n of a board.
Could another be working in background. Unusual 80M sell trade last week.
Trade that size being dumped is suspicious but not enough signs to show forward selling yet. Just no interest in the share today.
It seems they are holding on for material news. Is this in order to get some sort of pump for a raise? If so they are walking a tight rope as cash is probably below £0.5m by now.
Not the average punter selling. Big chunk like that in one go is suspicious imo.
Lead balloon here. Numbers to June are obviously not good as they are holding back the headline numbers. Seems like they are holding out for news to counter their impact. Are bitso and panmure going to conjure up something magic?
Cash was £1.4M on the 22nd March. They have had 7 month end periods since then and are about to have their 8th at the end of the October month. Do not look too much at the past monthly cash burn rates as it would say the tank is well and truly empty - Burn was £170k per month for 12 months to Jun22 and £265k per month for 6 months to Dec22. So costs have certainly reduced and / or income has gone up, here here a positive, but by enough is the question? Going to the wire it seems.
Is it coincidence that the flurry is coming close to the time when financials are pointing to needing cash.
7 months end since last cash update of £1.4m.. Burn first half was over£1.5m
Current cash would tell all. Maybe why we are not seeing results as it would need to be commented on.
More of the same experiences with another platform to sell them but these experiences cost money and the profits go at least three ways now. This will be the launch of the pump before the cash call. I don't see any deals with up front money as it is more of the same so watch this space.
Whilst absolutely nothing happening here........... Panmure Golf Club is a golf club close to the village of Barry
Loss making is not a business that will do well in AIM. If a major wants to absorb into their assets it will be done on the cheap also. Watch this space.
It's a coordinated ramp based on a watch this space. It will end in tears. NFT backdrop is very bleak and it would be wise for everyone to do their own research on it. Bitso will be testing carefully and I daresay will not be buying this loss making company for much if at all. Don't get sucked in by deluded TR1 who hang of the word of the CEO. They will need money that is for certain.
Yes just search the word NFT on google and toggle news. What benefit is selling a fan experience through an NFT rather than just direct. Just a gimmick and the fad may be over.
You said it Amtech, they are buying time. Just stinks the lack of revenue and numbers updates.
Looks like another repeat. Last 3 times city was shouting and patting himself on the back just before the news that took MOS south. Oh dear, red flag. Cash estimate or guess is about £400k