Member Info for warrantwatcher

Even though its in the RNS I don't trust a word that any of the BOD come out with.

Spot on, bunch of incompetent fools.

CK1 - in the main I agree with you, the only slight difference is your comment about playing into the companies hands, I truly believe that you're giving them too much credit, and there in lies the problem they simply aren't as smart as they think they are, that is abundantly clear in Minty's sanctimonious behaviour which is the root of the majority of the issues.

When someone questioned him about his investment in the company at the AGM he simply does not understand the point that was being made, the LTH's want to see him buy shares in NUOG but in his mind the debt that sits in the the various other entities he sees as his investment. Yet it is clear that the BOD should have done as the likes of Nigel Burton did & took shares in lieu of payment, but no they are all far happier looking for more advantageous ways to benefit.

Unfortunately I feel that they have backed us into a corner and they will get their way, but for me I want to see significant investment from all of the main individuals. Graham should have made a statement when he joined by taking a stake in the company or agreeing a bonus plan paid in shares at a price when he joined. Damian & Alison should both have invested in the business, these would be real signs of commitment & belief, the fact they haven't done to date tells me a lot, and they are now at the point that the SP is so low if they buy now it will add fuel to the fire of the LTH's pain.

The only option I can see being palatable is an issue of options but at a serious stretch to the current SP linked to gates that are firm, fiscal & with a tight timeline to work to. I discussed this with Simon & Damian at the AGM and have followed it up on a call I had with Simon & Graham some months ago as it is a scheme I have implemented & participated in at previous companies so I offered to assist them in the mechanics of the scheme, I was told that Damian was too busy to do it, but on his list of things to do. Now I would love to know what else he has been doing in the meantime as there certainly isn't any invoices to raise !!!!

This is like your addiction ?

not 2 weeks ago you say the investment case doesn't stack up & you've sold after 3 years, then you jump back in countering all your original logic - nothing like having a disciplined investment strategy is there ??

I read it that you've jumped back in as you see some large trades going through, and you refer to the fact your now in profit ? what happened to the loses you incurred over the 3 year's you previously held or does that not count ?

This is like your addiction ?

not 2 weeks ago you say the investment case doesn't stack up & you've sold after 3 years, then you jump back in countering all your original logic - nothing like having a disciplined investment strategy is there ??

I read it that you've jumped back in as you see some large trades going through, and you refer to the fact your now in profit ? what happened to the loses you incurred over the 3 year's you previously held or does that not count ?

CK1 - It would appear that the strategy from NUOG had been to not make pubic any targets or negotiations, as this means that if they fall through they don't have to release the bad news, personally I think this has allowed them to use " smoke & mirrors " as well as Minty's loose lips ( which are still flapping ). Interestingly that has changed slightly with the recent comms around G2W which has been far more specific than ever before, that has to be a positive, scraping the barrel I know !.

As of the AGM Brazil was still an active opportunity but radio silence since then..... read into that whatever you want.

I think all that people are doing are joining the dots, as encouraged to do by Minty, trouble is theres been too long a gap between the dots

BM, I only invested in here a small % of my overall PF, I leave the majority to be managed by a professional. I can see why when I look at the returns he is getting for me.

There are many sides to the markets, Also I have learnt to identify the patterns that I believe those holding a CFD position take as opposed to a true Share Holder ( some might disagree on the terminology ) but it really is quite interesting to look at how some of the characters on the boards hop around.

The issue here is 2 fold, 1 those previously privy to direct contact with Alan and the constant feeding of fables that are taken in good faith and regurgitated around social media etc, I have seen these with my own eyes so know full well what Alan has said then denied saying, that along with the people that are approached to take part in a placing that decline but use that information to their advantage is what gives them an environment for them to prosper & that is what has gone on all to the detriment of the lowly PI's.

Gary - that is the biggest alarm bell for me, I would love to know the real reason why they are not partaking to a more reasonable extent ?

Clearly Minty has a way of benefiting from the whole scenario but until they align the BOD's mechanism to benefit with Shareholders capital risk it is a big red flag to invest further for me

Thanks BM, what it's also taught me is the vermin that descend on these boards & the pathetic keyboard warriors who when you meet them don't have the cajones to have a robust conversation and discuss any difference of opinion in a mature manner. I have also met a couple of really decent fellow long term holders that can discuss things pragmatically and accept a different view.

Like I said in the last 2 months I have reflected on the journey here & I understand the mistakes that I have made & how to avoid them again, applying those lessons means I am starting to see a strong recovery in my overall PF.

It's quite liberating to switch off to the pathetic carry ons surrounding NUOG on a daily basis.

I think that you have to look at why the events played out at the AGM as they did.

At the time the LT share holders didn't trust Minty to move the company forward, create share holder value and complete a deal while the company wanted the ability to raise at will. The general sentiment was one of varying views on the complex structure with the likes of MFDEVCO & Minty's various consultancy businesses.

The line in Garyn's last post about them " trying to be too good for their own good " really resinates to me, and it sums up Minty's approach to the company & Share holders, the only people benefiting are those taking a salary monthly.

Now all that has happened is that Share Holders are backed into a corner with no alternative to let them carry on, and have blind faith that they will manage to close a deal, but once again they have shown themselves to be what I would call incompetent in negotiating.

My whole time invested in NUOG has been a massive lesson for me in the real down & dirty tricks by the likes of Minty - who personally I feel is nothing more than a egotistical, manipulative, pathological liar. There are people that post on here & on twitter that he has fed complete lies to on many occasions that he should be held accountable for, but as they say this is the Wild West of the market.

The root cause of all of this is that Minty & co have failed to deliver anything of tangible value let alone the empty promises they've been making for god knows how long. I find myself now numb to NUOG with an investment worth a pittance from its peak but with no other option than to hold and see what transpires, but with very little real interest anymore. Other than the fact that I really do hope that Minty and the rest of his merry men do in someway feel the pain that shareholders have over the journey we've been on, especially for the ones that had their life savings wiped out at the last crash in price.

Spot on Pharaoh2012, can't believe some still have any faith in Colin, he has let the share holders down while continuing to benefit and drawing a ludicrous salary. If he had any minerals about him he should have been taking his salary in shares rather than further draining the cash ?

He should also have been far harder on the useless ambassador and forcing her to step up their involvement rather than have good old Sophie socialising with them at endless cheese & wine sessions ?

The only thing for me to look for is a pick up in vol for about 3 continuous days, then and only then would I start to get my hopes up that something they've been talking about for so long is close to coning to fruition - until then its just a load of old ramblings & theories driven by your position in the share

Wow, what a start to Bids life there has been and look just how far we have come since listing ?

I would say that the foundations have well & truly been established, we are positioned perfectly in the new space with proven technology that will scale in the coming months, what I will be looking for next is the DSP side to start to firm up as after all the sales team now have plenty to sell - must be like a salesman dream working at BIDS right now.

Time to sit back and relax, watch the impression counts, primary & secondary grow, new titles being added and also the portfolio of content grow

I am afraid it does, as hopefully others looking to invest their hard earned cash will start to look at the history of the company and Colin's pathetic leadership, then choose not to invest and gift him their hard earned cash.

Not2sure, are you saying that you feel these boards should only include rampy views ?

Having been in here since November it's all looking good, what I like best is the fact that everytime James is on a Podcast and lets a snippet out it is then delivered against. Previously he has stated how excited he is with Google's, now today he let's slip that he knows what's coming on Thursday but can't tell us yet.

Well that's enough for me to feel more confident and feel that come Thursday PM we will get some form of update on not only of what Google are doing but also where BIDS fits in on their play.

Very, very exciting times ahead

Talking ofUber's valuation I would strongly suggest taking the time to watch the video below, its form a trusted source, a NYU Professor who lectures on valuations since 1986, not an internet ghost

https://www.youtube.com/watch?time_continue=19&v=uH-ffKIgb38

I'd also add to this the fact that this is frictionless when scaling up, this isn't a Natural Resources play where we have to fund a drill for every new well to increase revenues, its a scalable, automated, programatic approach.

People challenging this really don't understand the business in the slightest, therefore can't validate the story and the potential.

Look at the growth rate in some of the larger SaaS businesses as that is far more relevant comparison than other AIM stocks ?

why aren't the BOD buying in then ?

Its a farce & wish I'd have sold out & cut my losses months ago

Congratulations NI you have just become the 1st person that I will use the block feature for, and that is quite some feat when I consider some of the mindless idiots on the other boards.

The reason for this is that you are spouting out the same question & ignoring those that are answering them, it appears to me that you have Obsessive Compulsive Disorder - I do hope the drugs kick in soon

Braids,

I have told you this so many times before, I sold the vast majority of my holding at around the 2.1p mark that left me with a free carry, which I have seen decimated by Colin's incompetence at running a business and delivering share holder value.

I find that by holding this in my PF repeatedly reminds me of the mistake I made in investing here, not understanding the fully diluted position when initially buying in, believing the hype, not meeting the BOD in advance and also a BOD with pathetic holding.

Doing this has stopped me about 3 times from making the same mistake again !

The other reason to stay is to give balance to anyone looking at this so that they are not blinded by the overly positive spin that the Bushmills Disciples keep rolling out while failing to recognise the reality of the situation that AST is in