Member Info for TheToilet

You're making a mistake if you think Mediazest are in any way a technology company. Look at the balance sheet. There is negligible R&D capitalised. They take off the shelf list, like a big flat screen, and erect it in a shopping centre.

The countdown is on. Id be surrprised if they get a NOMAD. A cursory google search of the main shareholder, and debt holder, is going to throw up too many questions.

So they have 3 weeks to announce a new nomad
Will you lot still be holding if we go into the last week?

Im not optimistic.Google the name of the major shareholder. It does not look good. Any prospective new nomad will know there are questions to be answered.

Good point on HMV. In general its desperate times for the retail sector with shopping centres closing down and some household names in big trouble. MDZ can't escape this and I'm deeply concerned.

0.0725p now. I don't know if it is game over but it is beginning to feel like it.

"I do rate Abdul and feel he has a reputation in the market to maintain..... He was obviously with Mediazest in the past and contributed to some of their successes. "

ROFLOL. The company performed a lot worse than it is now when Abdool was involved.
Abdool's buying is indignificant if he is on even a 50K salary.

"There is no doubt this is a viable business.."

It just blows my mind anyone can post such drivel!

"I am thinking there is a lot of money to be made here."

Well there isn't. But you may get lucky buying the dips and selling the spikes if you get your timing right.

Abdool's buying is peanuts. Why does this guy suddenly get offered a job just after they post their 1st ever interim profit? The company has never even got near to making any money when he has been involved previously.

So Abdool buys 9 grand of shares and O'Neill buys 5 grand the shares rise 35%. I think the mms are playing a fast one here

If either of these 2 directors believed in this company they would buy meaningful amounts.

Yes O'Neill effectively has 20% of the shares but that is only half the story. His offshore vehicle CCCAL control the debt to such an extent they must write a letter every year to MDZ promising not to call it in over the next 12 months.
So they have this company completely by the balls. They can probably call the loan in and take it private if they wish.

RKBeeKeeper,
Respect to you for going to the AGM and asking questions. Not many shareholders do nowadays.

If you have further questions for Lance you could try emailing him at

lance.oneill@cccal.net

Read this.
http://www.epfshareholders.org/cccalDomainEmails.html

A guy who posts on another site straight out asked Lance O'Neill why a Lance O'Neill was the registrant of the CCCAL.NET domain name. O'Neill told him he "manages" investments for CCCAL. Soon after a Tony Haywood became the registrant of CCCAL.NET. A Tony Haywood is noted as a fellow director of a Lance O'Neill of a now defunct company around the year 2000.

Until MDZ release an RNS stating the current and historic shareholder register of CCCAL then MDZ is uninvestible. You've offshore money coming in. Where did this money come from in the first place?

Why doesn't O'Neill come clean on the ownership of the offshore company CCCAL? A company that is the biggest shareholder in MDZ and the biggest debt-holder? A company, domiciled no-one knows where, that completely controls MDZ.

It's no secet why the interest rate on the CCCAL debt is so high. It's 99% certain Lance O'Neill and CCCAL are the same. Lance O'Neill was the registrant of the CCCAL.NET domain name of pete's sake. The registrant name was swiftly changed to a Tony Haywood when O'Neill was challenged on this.

Both Lance and CEO Robertson have seen their salaries rise 20% this year despite the trail of financial carnage this stock has inflicted on shareholders since IPO. There are winners here but they are not shareholders.

The outlook statement reads like a warning that things are deteriorating.

I'm expecting MDZ to post a full year loss.
They admit this £90,000 profit at the half way stage is due to deferred contracts from last year. Does anyone really think they can maintain this in the 2nd half? No chance.

It's clear no-one really takes this stock seriously any more. That's of they ever did.<br /><br />My prediction is they will try and issue a couple of gazillion shares based on a 6 month profit. They'll celebrate like mad and they will mention all the great clients that have (but not mention the contract values) and then they'll say something along the lines of we need more cash to take advantage of all the great business we are about to do. etc etc. <br />

LOL. There's a guy on ADVFN who claims Lance O'Neill told him that he (Lance) "manages" CCCAL's investments. Err... what! Who would let Lance O'Neill manage their investments except Lance himself? Look at Lance' track record. Dodgy as hell. Until the identity of the owners of CCCAL are revealed this is completely uninvestible.

Great find wishbone. The fact Lance ONeill was the registered owner of the CCCAL.NET doman name and has (or had) a lance.oneill@CCCAL.NET email address explains a lot I'd say!

It certainly explains why CCCAL are getting what, 15% is it?, interest on their loan!

Id be very interested to see who the owners of CCCAL are. But reading that site no-one has managed to find out anything. Offshore companies are always suspicious. Is that why Ian Hallet sold out?

Why would I want to get in at this price? The CEO has bought a pathetic 5 grands worth in response to Hallet selling 20% of the company. Do you think the CEO thinks the share price is gonna fly?

The mystery is why is the share price still so high.

Having conversations with directors and CEOs is the worst thing you can do. Believe me. They'll tell you what you want to hear. Especially with a company like this that needs regular share placings to stay solvent. Do you really think they will tell you anything other than things are looking good?

I don;t have any other ID. I post on this stock only. Mainly because it is an absolute joke but Im also fascinated by how the directors have managed to keep an unviable business going for so long. They need people like yourself to keep believing the same old story year after year, and decade after decade. You may be able to make money here if you can sell out on the spikes when the ramping starts again in earnest. They'll probably announce they have the likes of Tesco as a customer but won't mention the deal is tiny in monetary terms and is for a local branch in the outskirts of Bognor.

That's one interpretation. There are others of course.

For me the bottom line is at a £1.4 million market this company remains chronically overvalued especially so considering the net working capital deficit of £1M. Lets not mention the ongoing solvency issues and almost certain future share placings around the corner.

With this company effectively being valued at £2.4M by Mr Market I'd be wanting to see a post-tax profit of at least £250,000 posted. The company has never posted a full year profit ever and is highly unlikely to post one in the future. Id bet the management are getting this years excuses prepared already.

The point is this is a run of the mill advertising/media company that has posted 13 years of consecutive losses, has a working capital deficit of £1M, is controlled by an opaque offshore entity, needs placings to stay solvent, and the 20% major shareholder has completely sold out after holding for less than 12 months. This is absolutely uninvestible. It has obvious going concern issues. You'd be better off putting your money on the 3 o'clock at Cheltenham.