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Sorry Asimple, if you look at his history he has been responsible for potentially breaching insider dealing legislation multiple times, by revealing private conversations allegedly held with DC. Potentially market abuse manipulation.
I have been inside many times so have a much better idea of what is actually happening with the company but have never plastered it all over this board. His swings in opinion are fast and often and not helpful IMO. Ask yourself why Tintin was suspended from LSE for a while!
I find his BS more offensive but each to their own
oh no, how will I cope :-)
You were positive before the pPoactive you complete muppet :-D
Even by your own "high" standards, the last 72 hours have really demonstrated your schizophrenia. Are we going bust or to 15p by the end of Nov oh wise one? #Clown
This is one post to save for posterity. Next week it will be "this will be 20p in December" . #Clown
The allegation was indeed published in the NME but was also retracted very quickly afterwards. Why would they do that if it was still an legitimate issue?
There is absolutely no foundation to this being anyway part of the reason to cancel this show.
The truth probably lies somewhere in between. If you really have an inside track to DC, you'd understand more on the history behind the O2 event being schedule (and no, I am not going to divulge here).
Perhaps it was a mistake to try and get up and coming acts to fill an iconic venue such as the O2, on a Sunday night, when the UK is in a financial mess right now and many of the acts have appeared in the UK this year already?
However, there is no doubt the events in Seoul will have affected sentiment from the bands and their ability to promote the event in the lead up, which in turn would affect the ticket sale uptick.
The interesting part of the RNS is the 5 venue European Tour next year. Do you really think these venues would be keen to take K.Flex if they didnt feel there would be demand?
Finally, what share price are you predicting today? 2p or 15p? I can't keep track of you swings!
Not disagreeing with anything factual you have stated asimple, but what leads anyone to think SBS are upset? As pointed out below, Seongsu-dong Media are those falsely making claims on the IP and they are "only" content providers. SBS provided the content for LVCG in Frankfurt and Jason Lee has been brought in to do likewise for non-SBS events.
We are not about to get into a legal battle with SMS FFS !!
Correct TrueInvest - The second £200k took Lee over the TR1 threshold.
Why would a man so connected in the KPop world, take a 4.37% stake in the Company? ;-)
Whilst you might be factually correct on many points Darola, as a LTH you know the reasons behind the fall before Covid - The naivety of the BoD in trusting Shard & Riverfort , Clive selling etc.
For all his faults (and he has many, particularly about understanding sentiment and communicating o the market), DC resolved the issues and the future was looking much brighter until Covid hit.
None of us LTH are happy at these levels. I am extremely envious of newbies being able to prosper on our misfortune but if you really don't see a bright future from here, then you really should just sell up and move on.
Jason Lee doesnt have control over K.Flex, just K.Flex Korea. The latter has the option to supply content to the former. In effect we have a subsidiary supplying content (due to his KPop contacts) to the wider group rather than replying on SBS. A smart move IMO
@TinTin, I see your abusive post was removed but let's just look at facts.
1. You clearly didn't understand what "being inside" means. I have been made inside several times in LVCG but I am not now
2. You clearly don't understand the financials in the latest raise
You are a chancer and a gambler. Good luck to you. I still think you and everyone else will do well here but your constant banging on about having inside information is not helping anyone. In fact, if you did have this info and you are posting it here you are committing a criminal offence, so you might be best just to shut up!
I have never said I know it all but I am closer to the BoD than you and I know they aren't talking to you.
There are a few people on this board who know I was part of the group who spoke to the BoD and got the StartArt deal changed for the better. Is that enough for you? Now, do everyone a favour and crawl back under the rock you appeared from.
Show's how little you know about me then, doesn't it.
Tintin...please stop this Bull****. I spoke to Sarah this morning and there is absolutely no way she would be having any conversation with you.
So you havent? Good, but it has been said that you have been.
Tintin. I am hearing that you are spreading rumours of a placing. Publicly deny it here as for some unknown reason, some people seem to believe you have an inside line to DC !
Not true. We have paid (albeit it in shared) £200k for £100k pa and a potential 49% of NewCo which will operate non SBS K.Flex events. Very different from getting 51% of K.Flex. This will allow events in Korea too. Makes good sense to me!
Small dilution but at a slight premium and all to a new and very interesting partner. Good move IMO