Member Info for TheToilet

Assume the brace position. BRACE BRACE!

You don't seem to understand they've been announcing the same rubbish deals for the last 15 years. They never amount anything. I'm guessing most are loss making and profit margins are tiny. Brace yourselves for the next placing. It's coming!

This "company" is controlled by an opaque offshore vehicle (CCCAL) connected to Lance O'Neill.
It is barely solvent. They've had about 15 placings since IPO!
It has a significant net working capital deficit. This in conjunction with being unable to generate any cash makes the shares completely worthless. The equity has nil value.

IMO the current share price is the greatest gift in the entire stock market. If I held Id be selling every share I owned because I firmly believe the shares are completely worthless. Just do some basic due diligence and you'll understand.

The equity has nil value imo

************* now have a "Strongest Possible Bargepole" rating on Mediazest. That's a major downgrade from their previous rating of "bargepole".

There's a couple of recent articles on the site.

MediaZest – better it does proper analysis before issuing a formal trading update!

hxxps://www.*************.com/views/49420/mediazest-better-it-does-proper-analysis-before-issuing-a-formal-trading-update

On Monday I noted an update from MediaZest (MDZ) which had seen the shares more than 50% higher to 0.04p. At an attempted no-one watching o’clock (uh oh) 5:18pm yesterday; “Further Update re: Trading Performance”?..

and

I concluded previously I bet the company is considering its funding options and, with also its track record, still strongest possible bargepole – that including after noting the 30th September 2019 balance sheet showed £2.8 million of “Goodwill”, with £0.9 million of “financial liabilities” and more than £1 million of payables.

Agree and I've been saying this for a while. The equity has nil value due to the increasing liabilities and continual losses. And its getting worse with time which is reflected in the share price trending towards zero.

I see there is now a concerted effort now to ramp this filth over several websites. It has to be a ramp because no-one can be be this dumb.

This company has been releasing such "news" for over a decade. Its complete and utter codswallop. Private investors have been swallowing this drivel for years and years. This business has nil value.

Zero. Zip. Squat.

We all know the stock is completely worthless however it does spike up a lot at times. But with the spread this enormous surely putting money on the 3 o'clock at Cheltenham makes more sense?

Its particularly galling that this completely worthless company is currently being propped up by the taxpayer funded furlough scheme.

Fair value is zero pence

possible to sell at 0.06p yesterday. What a gift that was.

Its hard to imagine a bigger vote of no confidence. It just looks like this guy was happy to get anything back at all from his shares. I don't even want to calculate how much he lost. Id choke on my cornflakes.
Fair value still zero here.

LOL. Where have you been? The last 12 years news and results have been full of jam tomorrow, potentially transformational deals etc etc.

heading down the plug hole

My guess this is going to zero. As I say the net working capital deficit renders the equity worthless because I don't think there is a viable business here.

I can actually see this delisting now (wouldn't be surprised if they blame the corona virus!). Strip out all listing costs, remove non-execs. Who knows it may be close to profitable. But I sincerely doubt existing shareholders would see any benefit.

Down again. Bid price now 0.03p

Today's pump and dump looks like its died a death. I wonder if those responsible made any money. Given the spread I doubt it.

Its the bi-annual pump and dump. In some ways its hilarious.
Join in at your peril.

Not a bad summary 4kandles.
Of course O'Neill and CCCAL (effectively one and the same) have previous in delisting businesses they control. They did exactly the same with EP&F Capital and they have since disenfranchised the other shareholders in EP&F to a degree that you would not believe.

This business is completely worthless imo. It should never have been listed.

The directors awarded themselves 20% pay rises not long ago. And took on another director into the bargain. One of their pals no doubt.