Member Info for Taser

So whats the feeling here?

To me the short term funding seems to be their last chance to get it right. We were initially told one platform in October, then late October and then that was dropped from the latest RNS. They need to generate cash from November to carry on without further recourse to outside parties.

Simon Cole has led private investors on with promises that are continually broken. The SP does not lie. one more chance - one platform in the next few weeks at latest.

What annoys me is his tone when relying hiss PR videos - no reference to past performance just blue sky statements that have continually been missed and a request for even more funds. The Sp is at an all time low - yet 7Dig refuse to update us on a commitment to be on one integrated platform in Oct?

it is hard to fathom their thinking. it seems they need to step out of the insular self affirming bubble that resides within 7Dig and look at from an investors perspective.

Give us a RNS, give us shareholder value....

What happened to one platform in Oct? What they say and do never seem to correlate

The silence from 7dog is deafening

Does anyone have a clue as to what is going on (and I include anyone on the 7dog board of directors)?

took part in the placement at 6.5 and now 50% down on that 'discounted' call! How on earth do they have the nerve to say that creating shareholder value is a top priority !!!!

my 'opinion' is not catered for in the dropdown list but you can have an educated guess!!!

I am not sure how the facts can be said to be nonsense, but you are entitled to your opinion.

The highlighted cut in staff costs of 2m are welcome but comes at an immediate cost if full time employees. Hopefully many are contractors but more than likely associated one off costs. I just think the board are continuing to accentuate the positive - which in itself is fine but not to address the obvious in the AGM was a strategic mistake that makes them look less than creditable. It has been a very long road for long term holders and one that has only gone downhill. There commitment to creating shareholder value are only words. Absolutely no evidence in their history they have benefited shareholders.

No fund raise. If you look in the notes under going concern you will see mention of two major shareholders willing to finance working capital requirements under normal commercial terms. The point is this time last year they told us they had enough and a profitable 2018 was on the cards. They also said something similar the year before. The 2.9 write off of intangibles looks like a correction to fair value versu purchase cost. Meaning we overpaid!! They try and hide the bad news it instead feed the feeling of anger at the board. Step up and don't insult us

I don't think you get it. Bank balance down from just under 7m to just under 700k. Cash burn immense. Staff costs 4m plus plus cash flow statement shows a movement in intangibles of just shy of 3m They will take up the offer of debt financing from the major shareholder and add to long term liabilities while the cost of servicing the debt will sit on current liabilities and wear away at gross profit. The staff cost saving will necessitate another spike in costs. No dilution but taking on debt.

Did you not notice they have stopped saying when they will be cashflow positive? Did you not notice the bank balance? They make promises loudly and drop them quietly. Were we not promised profit in 2018? Sc is devious in his presentation of the facts

So they update Digital news and include the value of the contract for Year 1 but fail to mention this in the official RNS. Just amateurish.

Just fed up here. three quarters of the year gone and no major contracts. Tine for MR Cole to go. All tslk. No new customers of note.

Anyone left here? Where's the promised news flow?

Cancel their share options until the share price rises above highs. No shareholder value created in 4 years.

I think you will find that large 'buy' is a sell. They just can't get it right - but never mind the options aren't performance related.....

To be honest I am a bit disillusioned here.

I have supported the company for years and the cash calls. I have been diluted over 100 per cent and although the rhetoric is always positive the delivery is not.

We were promised profits in 2017 then 2018 - this commitment has been dropped. We were promised great figures on reinstatement to AIM but they fell short of broker estimates - 1M LBITDA estimated versus 1.6 reported. the turnover was also down and also Edison is reporting for 2019 20m turnover versus 24.

And the issue of 11m options smacked of blatant disregard for long sufferring shareholders. They weren't even based on the share price, just for hanging around! And the timing was incredible it makes you wonder whether Simon Cole has a soul. his integrity is questionable but each time people (like myself buy into the rhetoric).

Another year without profit unless they get that major contract and that s why I am still here but so far talk. It is time for something tangible or else SC will sit there for three years and pick up an extra 4m shares for free. Surely insight of the recent suspension debacle - where he re appointed Mr honey our CFO (chums for a long while) - why did he only carry the can? why not SC? And even if he gets to stay on surely some humility and not the arrogance and slap ain the face with the options announced days after readmittance. Crazy but no real way to vocalise my discontent other than here.

Still hold, still dream but the rich get richer whatever. Heartless

I think you will find it 5.8 to buy.

https://www.edisoninvestmentresearch.com/research/report/7digital-group159727/preview/

via e mail - yes -lunchtime.

That was the company update.

New investor relations company appointed.

News within 48 hours.

Financials looking good.