Member Info for Weathergeek

Very high risk as historically shareholders get shafted a lot with small firms. Which you wouldn't think a £1bn revenue firm would be classed as small but this is at serious micro cap level.

However, the up side from here, could be very attractive if it's saved and the listing is also. To much risk for anything other than a small punt for me but even that could do well if it turns around. Interested to see what happens. However my faith in UK markets isn't high!

That £3m you mention would by the whole company now.

Something very very odd going on here. Company with £1bn in turnover is £3m in market cap. Yes it has high debts but this is way off. Stinks of planned (hidden hand) take over.

A 1% profit margin and it's 10m profit. Get it to 2% £20m profit. That's not a hard task for a retail management team. Well enough to service debt also.

So why are the UK markets again valuing our home grown businesses so low again???

£3m market cap!!

someone will buy this and sort the management. There on these boards with Pensions big enough to do that very thing. However I think it will be Investment firms like we see today. BNY Mellon connected. What is going on here?

Small punt taken.

You are correct, that was well over a year ago.

Those mark ups don't include the discount on the shares. Last CLN firm were making hay here. But looks like the liquidity wasn't enough. All these deals are simply costing shareholders. Shareholders are not the "investors" making money here. Serious returns are being made by what is equivalent to loan sharks and it's been this way for some time now.

Looks like working with AZ makes you resign.. Personally I think he should.

50% drop is because the shares were offered 60% under market value at last close. Not rocket science is it. Shambles of a company, just like SYME. As much as i hate to say it, TW was correct on both these.

Indeed they were Mick. Would have been great had we been in business by now and "flying". Back then I was 99% convinced we would be and thought we may even see a divided by year end 22. We live and learn.

Indeed Knowles, If only AZ delivered on promises. That may have been possible. Does look like it was all based on half truths though now. Storm Harbour was due 2020!! Its 2022 and still no sign.

MSMN tried it a few months back. Shares had fallen to 0.007 - 0.010. There was investors there few years ago who paid 30-40p. Imagine that, you pay 40p, after ten years they want to dilute your 10th of a penny share that used to be 40p. The share holders refused and voted against.

SAR have done it recently, COPL have done it recently. It's what early stage and poor performing companies do, they have no profit so need shares issues to keep the business going. Some come good after, others dilute again for the foreseeable future.

Anyone else with a LTD company would be bust a long time ago, however if you have willing investors, you can keep going for as long as they fund you.

It's inevitable here too if profits don't start to come. I can't think of any other company listed with as many shares as SYME. It's 37billion odd. Or a market cap of £6,000,000,000 (billion) if we get Hughez 16p. (this bb is the best for comedy)

10p on signing of LIO!!!
Not.. Now we have gold!!
Peddling confetti shares.. Yeah!!!!

The delusion of some here is shocking to see. In simple terms, AZ has used all the money you (LTH) and others have given to support the company. He promised you (LTH) and others of delivery of his idea in late 2020/21. This timeline has failed and he has run out of money.

Now the company is using CLN (death spiral finance). What this means is the company providing this are earning anywhere from 20-100% return on there money depending on the share price. This went over .01 last week giving them almost 100% on any sales of the .0056 shares. These guys are the only investors here making money and being aware of the wording investor (which means the CLN providers as well as you a shareholder) may make you see things clearer about "rewarding investors" CEO's like to talk about.

The effects of CLN's are dilution to your holding, constatnt selling into momentum reducing any change of sustained gains, increasing share capital, not to mention the very high cost of capital.

I think AZ purposefully used the £30m valuation of TF to hold this market cap up for as long as he can. Personally I think we are about to see that price is way over valued compared to what TF are making in profits. The market will react accordingly and this could go way lower from here.

A loss making CLN issuing PLC can have very low market caps. Lets all hope TF are going to pull the rabbit out of the hat or things may get very bad.

I was messaging Anthony Brown a good while ago now. He was very helpful and asked if I had any more questions. I raised this one and asked "how is IM true sale IFRFS15 compatible" and I haven't had a reply since. Was another red flag to my list back then.

Anyone want to club together and start a finance firm supplying CLN's? Currently getting over 50% return right now. Very lucrative business.

You can see 112 for sell and 119 for buy this morning. No level2 so not sure what they are sat on, these big spreads are often not as big as published. Low liquidity the reason I would say. It discourages trading and buying/selling for long termers though so makes me think very little stock is available right now. A lot are still tied in. Have you tried buying? Wonder if it's hard to buy amounts.

More great news.. Well done to the team, took a while with Saltme but really getting there now.

There has always been plans for special dividends. Not exiting till I see some of those. Thinking my original investment will one day be paid back in a special divi.

- Come May TEK can sell BELL shares. (Currently about half the market cap)
- LUCYD plans to float this year. (That covers the other half of the market cap)
- SALTME with very impressive growth looks maybe next for a float after LUCY. (Buy one get one free)
- GUIDENT could well one day sign a contract that's will take it into life and start it's journey towards a float also. (Buy one get one free)

So much value to be realised. Hanging around till its all done and looking forward to seeing the next investments.
Sooner or later, TEK will be rewarded by the market for being so good and having a provable route to market for University innovation and technology. Once maybe chance, two floats is looking like they know what they are doing, three and it just becomes habit, the norm, and accepted practice, TEK can take your idea to reality if its good enough to run.

You may well have a point Mozax. As a customer and shareholder, I wasn't impressed with the recent activities but the license is valuable no doubt.

Still don't get this company. The App was promoted as a way to store, save BTC and earn interest. They get customers then stop giving interest on BTC and tell everyone we are a payments app. I put BTC here to save as they were offering interest but it was long gone when they stopped. Direction and plan for the company is all over the place. With Apple Pay etc, Mode will not make a dent into the payments market unless it offers something really attractive and different. Can't really see what that is. For months I could buy a Mode t-shirt or hat but my fashion dignity wouldn't let me! Who wants a bloody Mode hat? lmao!

Now I see a few more shops in there, Not sure why I should move more BTC or any money to this app and incur fee's doing so just to buy something from an affiliate. You can get discount code add ons for your browsers if you want them.

Biggest mistake these guys did, was launching encouraging saving, then encouraged spending. So out of wack.

Sold up when they stopped giving interest on BTC and very glad i did. GL to those still here, I just don't get this firm but watch with interest as a try and see what they are doing.

Looks like another IPO in a hyped market that didn't bring much to the table. They did manage to buy some BTC with the raised funds though, lucky them. In 5 years it might be worth more than the market cap.

I know what you mean Seaman. To be fair I'm not sure the exact cost to the company of issuing. Maybe they are waiting for the Annual Report to update fully on all.

UK market would make this company successful. US market opens up huge opportunity. This being 400% larger than the US potential is just of the scale. This will be a global product and firm once this is fully rolled out. Massive upside sales potential.

Indeed it is.. !!

This part for me...

Nearly 100 million people in China have chronic obstructive pulmonary disease ("COPD"). This is 400% larger than the US COPD population. It is estimated to be the third leading cause of death China. Beyond China, there are an estimated 50 million cases of COPD in India and over 5 million people in Japan suffering with COPD.

HUGE!!