Member Info for unitedguy

yes Callit DYOR, every time one of the imaginary partners calls the office number it goes to an o2 voice mail.

what a shower this lot are..

Well done sinden

LossProfits "isn't it time you sold 80 pence worth on your free apps" always with the derisory insults. Can't you engage with anyone without being rude?

Lanstead haven't paid for shares they currently hold they will be paying monthly for the next 19 or 20 months at 25% discount WAP each month, to sell now for peanuts would be very painful if there is an RTO or by some miracle NNN is saved and the share price recovers.

Even if Lanstead tried to sell the market cap would go to zero so in effect ruin any chance they had of profiting from the Sharing Agreement.

LossJock after 5 years of Caveboytech there has not be one commercial contract and despite several attempts no products sold of any note so the IP is clearly worthless.

"What we can be sure of of is that the current share price does not in any way reflect the intrinsic value of the company". The intrinsic value is cash in bank and value of AIM listing. Guess 300K left (6 weeks burn) and listing is worth at best 500K so IMO its overvalued by at least double its intrinsic value which falls every week as the cash runs out.

IMO Strong Sell and maybe buy back when its at the value of the listing to see if an RTO happens

lossJock makes up new scenarios from thin air. LOL

The IP is worthless, Lanstead wont do another sharing deal with NNN, Selling one of the subsidiaries, none of them trade just cost 100K a month to keep open. Sell for what ?? kitty litter

Cloud cuckoo land

Well Juxta I could have held on till now when they are worthless. But your comment relates to trading losses back actually you are correct. I could have traded without the losses so its not really a recoup, losses are always losses even if you are playing with profits or indeed trade you losses back.

From my point of view though I didn't have to fess up to the wife where the money had gone.

Trisor RTOs can be so wide and varied I couldn't speculate on what it might look like hence my comment below "If it gets close to the value of an AIM listing then its worth a punt and a hold to see if an RTO happens and what it's potential is."

If as you say they can only allot 250M shares the I believe they will need to call an EGM to put a resolution to shareholders asking for authority to issue and allot more shares. As they have not called an EGM to get shareholder authority by resolution then considering the time frames

1) they have more than 250M share left but I think you are correct
2) they don't need to ask shareholders for authority (pretty certain they do)
3) they must have another plan, I cant see how a raise will work on the shares available and the wont get a loan so only leaves an RTO

Lossjock the board is intended for an exchange of opinions, but you will only be happy if there is just want one rose tinted opinion. Other are happy to debate the potential of NNN to build its business, raise funds to survive or deciphers company communications or indeed discuss the past performance.

Not long to go now maybe 6 weeks left or maybe an RTO.

Trisor if as you say NNN can only issue 250M shares then at 25% discount of current SP NNN can raise about 125K if they can find any takers. NNN cannot borrow money without security or a means to pay instalments, conversable loan notes also require share allotted so that again could only be 125K. After costs of a placing or loan notes its really not worth the time and energy. The only thing that makes sense keeping the company going is an RTO.

NFF I am as entitled to my opinion as much any anyone else on this BB.

FYI I first bought in 2 years a go. Totally believed the mask was right product right time, actually a potential unicorn investment. I stuck in far more than Id ever tell my wife. When it turned into a shambles early 2021 I took my losses and just as well because if Id held by now Id be 99% down and divorced.

Since taking my losses I have traded this stock pretty continuously up to Jan this year mostly with good results and have recovered the initial losses. Periodically I have told other to do the same as I which is to take your loss now it will only get worse going forward, maybe trade it because it used to be quite a predicable share movement.

During this time I have not believed one positive story from this company whether by interview, tweet or RNS. Im not qualified to say if the tech is good or bad I am qualified to say what NNN is trying to achieve is very difficult from a business dev point of view and I'm also qualified to say NNN have never employed anyone with a track record of commercial delivery in this sector. On this basis I could not see how they could ever deliver the grand plans they laid out I have never supported those stories even when holding shares, guess what NNN have not delivered on a single one of those stories.

I may well buy NNN again if it gets close to the value of an AIM listing because then its worth a punt and a hold to see if an RTO happens and what it's potential is. Also if for some bizarre reason NNN starts moving north without news I may jump on but if I do Ill already know my sell price to either take a profit or stop loss.

Until this is a viable company with a competent management team or it closes shop I will continue to post my opinion and trade if I wish.

Trisor how much can they raise on 250M shares/

Trisor they will not get a loan, they cannot issue a bond there are no other options for a company without revenue but a placing

How much can they raise on 250M shares ?

By the way Trisor how many shares can NNN allot for any funding without seeking shareholder approval?

Trisor potential evaluate options are all from the small cap play book of shareholder communications called "smoke and mirrors", if they have offers why not just say "The Board is evaluating a number of funding offers".

Sorry Trisor its not the same token. The RNS says "the Company has sufficient cash resources to finance its operations through to June" LossJock is inserting the "the end of" to get another 4 weeks added RNS. The RNS is clear there were 7 now 6 weeks of cash LossJock is trying to distort the truth.

The issue I have with "The Board is evaluating a number of potential funding options" is for clarity needs read "The Board is evaluating a number of funding offers". As it doesn't say that I'm simply not reading more into it.

LossJock you get personal because you cannot address the points

You say "11 weeks all tolled To end of June but they twist and turn facts like they’re going out of fashion" but it is you who twist and turn the facts by inserting the word "end" into a sentence in an RNS.

You know the word "end" is not in the sentence so why do you add it. To distort the truth? to make circumstances appear better than the company says. you are basically lying to benefit yourself.

If as you suggest I have a Messiah complex it is only to address those who like you have a Liar Complex.

9p paid for £17 order is like you maths yesterday, pretty shocking and please go to literacy classes enough cash to June is not the end of June. To June is before June so its six week left and counting.