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MYSQ Mysquar

0.29
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mysquar LSE:MYSQ London Ordinary Share VGG6361G1072 ORD NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.29 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.29 GBX

Mysquar (MYSQ) Latest News

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Mysquar (MYSQ) Discussions and Chat

Mysquar Forums and Chat

Date Time Title Posts
28/10/202110:40MYSQUAR A Rising Star of Burma2,875
21/1/202108:33MySQUAR - Getting social in Myanmar30
13/7/201813:05hostile bid mysq3
24/2/201713:50mysq - Topinfo Latest Failed Pump13

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Mysquar (MYSQ) Most Recent Trades

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Mysquar (MYSQ) Top Chat Posts

Top Posts
Posted at 11/2/2019 07:38 by club sandwich
I am not an investor in MYSQ, nor have I ever been. However, a friendly warning. I was invested in a company called Paragon Diamonds (PRG) - as clear a case of AIM fraud as you could ever hope to see (in retrospect, of course). I contacted a guy called Peter Petyt (at a company called 4Rivers) who was helping to put together a class action for s'holders in African Potash (AFPO). He seemed to know what he was talking about. I and 9 other PRG s'holders each stumped up a £250 'activation fee' to pay for his time to work on the case, with the understanding that he (and the lawyers involved, who were working no-win, no-fee) would take a cut (of about a third) from any settlement with the nomad (it was they we were planning to sue - for negligence in not conducting sufficient Due Diligence to spot the fraudulent RNSs - as they would have professional indemnity insurance). I believe 10 AFPO s'holders also stumped up a £2.5k activation fee. That was H1/H2 2017. On Sunday 3rd Feb Petyt mailed Paragon s'holders to say that following (allegedly) advice from counsel there was no case, and he was withdrawing. 18 wasted months and £2.5k down the drain. I believe AFPO s'holders have had a similar experience.

I mention all of this because I gather that some MYSQ s'holders have been talking to Petyt about a possible class action against the company.

I'm not suggesting that any MYSQ s'holders should or should not deal with Petyt - that's entirely up to you. All I'm saying is that if any of you have (or do) come across him exercise extreme caution before parting with any money. I would suggest you ask him to demonstrate a track record of success in such cases before giving him any money: as far as I'm aware he doesn't have one, we were going to be it.

If anyone wants to DM me for a private chat I'd be fine with that.
Posted at 18/12/2018 09:24 by 7taurus
I guess I’m a mug punter :) Whether deluded or not I still believe in the company and believe mobile gaming, e-comerce, social media, payment platforms etc will continue to grow in the country... it’s a complete shame the situation we are in because of certain people or related parties who were involved in the wrongdoings committed against the company and it’s shareholders... hopefully all that came to light is/has been dealt with and the company under the right management can move forward. Mysquar products (games & mingalarbar) continue to operate and gain traction in its intended market, whether mysq can secure funding or operate on what revenues it generates itself remains to be seen...would be fantastic to see the company make a success of itself... good luck and all the best to mysquar and its shareholders. Always hopeful :)))
Posted at 01/11/2018 22:06 by tdbtdb
Strong buy? If Atlas convert the £1.8m at this price they will basically own 33% of the company. Pass on the shares to a third party at 10% premium, could end up buying the whole thing for another £4m. However, Atlas must also be getting worried, if they convert and nobody buys and the whole thing goes down the pan they will lose big time. Maybe that's why they're waiting for the share price to recover. That last placing at 50% discount was shocking. They're raised almost £5m since March, paid £1m for Mypay plus shares. What has happened to the remaining £4m? £4m gone in 6 months?
Posted at 30/8/2018 23:09 by decentprofits
@dollar You are an ignorant, deluded fool. You have been spouting nonsense for years. It will be liberating for you to admit it to yourself that you called this one wrong. Once share price breaks 1p it will be freefall. And then court case will probably put this share out of it's missery. Burning cash, falling revenue, death spiral, legal issues. What's not to like.
Posted at 30/8/2018 16:18 by sweet karolina
When Eric gets convicted of fraud, share price Angel will have no choice but to resign as Nomad. Nobody else will take the company on, so it will be booted off AIM. Without the ability to issue shares to mug punters via the death spiral arrangement it will go bust.

But the lying fraudster loving moron thinks the case won't affect MYSQ.

Perhaps Eric and Aidan can swap notes on how not to get convicted next time.

Thanks for admitting you lied in your earlier post saying that the case had been dismissed.


I am looking forward to 15 Oct.
Posted at 20/6/2018 13:09 by dollar17
Ghostwriter on lse board.... I believe there is a bigger picture which has been in the works for some considerable time between MYSQ and MPM and the mobile payments space in general. This is now being revealed to the market and I am convinced there is good value here. There were clear signs that this relationship with MPM would develop further from recent comments made in the 14th May RNS as well as from the LSE investor evening last October. hxxps://mypaynetwork.com/mark-2.html 1. Funds raised significantly strengthens MYSQ's venture into mobile payments; crucially its banking licence application with the Central Bank of Myanmar. I suggest this has been given the unofficial nod and my not be long before being granted. This is huge for MYSQ given their unique social platform and user base. See what Wave Money have done for a benchmark, partnering with the 4th biggest bank in Myanmar and one of the major telcos, alongside significant strategic funding: hxxps://www.wavemoney.com.mm/ 2. The Acquisition also importantly ends the shared ownership of users agreement which by their own admission has hindered their advancement into other JV's (think Wave Money). 3. There is no longer any revenue sharing arrangement with MPM for the remittances initiative, so MYSQ become sole beneficiaries going forward while utilising 3 years of development, knowledge and relationships from MPM. 4. The Board will be strengthened by the new CFO (and Chairman) of MPM who appears to have a solid background and fills an important executive role that has been a hole for a while. 5. MPM also provides MYSQ with their very interesting and unique RTP IP/technology. See: hxxps://mypaynetwork.com/files/rtp.pdf I suggest there is plenty to come in this space now and this will likely chew through these latest convertibles quicker than expected. The share price is already starting to pick up after all the doomsday predictions at the open.
Posted at 01/6/2018 11:10 by hope67
Response to recent market commentary
Mon, 8th Jan 2018 11:59

RNS Number : 2429B
MySQUAR Limited
08 January 2018


MySQUAR Limited ("MySQUAR" or the "Company")

Response to recent market commentary



Further to recent press speculation relating to Tencent Holdings Limited and other regional internet focused businesses, MySQUAR, the Myanmar-language social media, entertainment and payments platform whose principal activity is to design, develop and commercialise Myanmar-focused internet-based mobile applications, notes that it has held discussions in relation to commercial and investment opportunities with various regional participants in its area of business as would be expected.



As noted in the Company's announcement of 3 January 2018, MYSQ confirms that while it has received an approach from another organisation which may or may not lead to a takeover offer, there can be no certainty that an offer will be made for the Company or as to the terms on which any offer might be made.



The Company does not intend to make further comment in respect of press speculation in relation to these matters however further announcements will be made in due course as appropriate and in accordance with the Company's regulatory responsibilities.
Posted at 28/5/2018 15:41 by noirua
LONDON (Alliance News) - MySQUAR Ltd said Wednesday that it intends to raise GBP2.1 million through the issue of unsecured convertible bonds to UK-based fund Atlas Capital Markets Ltd. The bonds have a denomination of GBP10,000 reach, bear a coupon of 5.0% per annum and a maturity date of two years from the date of issuance.

The bonds were issued in a single tranche and are convertible into ordinary shares of MySQUAR at a price equal to the average of three days volume weighted average price over the 20 trading days prior to the receipt of a conversion notice.

In addition, Atlas Capital has also been granted 633 warrants with an exercise price of GBP633,000 for 20.1 million shares, with a strike price of 3.15 pence per share and a three year term.


March 2018

-----

May 25 2018 - MySQUAR, the Myanmar-language social media, entertainment and payments platform whose principal activity is to design, develop and commercialise Myanmar-focused internet-based mobile applications, announces that, pursuant to the convertible bond issuance on 7 March 2018, the Company has received a notice of conversion in respect of £350,000 convertible bonds into 25,425,575 new ordinary shares of no par value in the capital of the Company ("Ordinary Shares") ("Conversion Shares") at a conversion price of approximately 1.38 pence per Conversion Share.

Trading commences on Friday 1st June.

May 2 2018 - MySQUAR, the Myanmar-language social media, entertainment and payments platform whose principal activity is to design, develop and commercialise Myanmar-focused internet-based mobile applications, announces that, pursuant to the convertible bond issuance on 7 March 2018, the Company has received a notice of conversion in respect of £350,000 convertible bonds into 27,087,686 new ordinary shares of no par value in the capital of the Company ("Ordinary Shares") ("Conversion Shares") at a conversion price of approximately 1.29 pence per Conversion Share.

April 26 2018 - MySQUAR, the Myanmar-language social media, entertainment and payments platform whose principal activity is to design, develop and commercialise Myanmar-focused internet-based mobile applications, announces that, pursuant to the convertible bond issuance on 7 March 2018, the Company has received a notice of conversion in respect of £200,000 convertible bonds into 15,478,678 new ordinary shares of no par value in the capital of the Company ("Ordinary Shares") ("Conversion Shares") at a conversion price of approximately 1.29 pence per Conversion Share.

April 17 2018 - MySQUAR, the Myanmar-language social media, entertainment and payments platform whose principal activity is to design, develop and commercialise Myanmar-focused internet-based mobile applications, announces that, pursuant to the convertible bond issuance on 7 March 2018, the Company has received a notice of conversion in respect of £200,000 convertible bonds into 15,478,678 new ordinary shares of no par value in the capital of the Company ("Ordinary Shares") ("Conversion Shares") at a conversion price of approximately 1.29 pence per Conversion Share.

April 12 2018 - MySQUAR, the Myanmar-language social media, entertainment and payments platform whose principal activity is to design, develop and commercialise Myanmar-focused internet-based mobile applications, announces that, pursuant to the convertible bond issuance on 7 March 2018, the Company has received a notice of conversion in respect of £200,000 convertible bonds into 15,239,643 new ordinary shares of no par value in the capital of the Company ("Ordinary Shares") ("Conversion Shares") at a conversion price of approximately 1.31 pence per Conversion Share.

----

Loans issued = £2.1m
Loans converted = £1.3m

633,000 shares at 3.15p also not yet converted.
Posted at 05/4/2018 14:40 by sweet karolina
But still completely unable to answer any of the questions that matter, which are:

So why have lots of people tried and failed to sue TW?

If nobody listens to TW why do so many pay to subscribe to Shareprophets? - completely funded at under £6 per month.

Why are 1000s of investors going to UKIS - the biggest Investor show in UK?

TW has made clear what he will say about MYSQ to those 1000s of investors. Why are MYSQ doing nothing about it? The video will be put on line so many more can see it.

With "revenue rising" why is it the same as a year ago - ie before the phoney related party revenues which were used to ramp the share price to get the fraudulent placing away?

Why are losses increasing?

Why has cash burn increased so much?

Why has MYSQ had to do a death spiral deal? Why have they done that deal with a company that seems to have no money?

What is going to happen to the shareprice once the conversions start?

How are MYSQ going to raise more money by this time next year when all the death spiral money has gone?

What is going to happen when Asian regulators act against MYSQ?
Posted at 04/4/2018 07:57 by sweet karolina
So why have lots of people tried and failed to sue TW?

If nobody listens to TW why do so many pay to subscribe to Shareprophets? - completely funded at under £6 per month.

Why are 1000s of investors going to UKIS - the biggest Investor show in UK?

TW has made clear what he will say about MYSQ to those 1000s of investors. Why are MYSQ doing nothing about it? The video will be put on line so many more can see it.

With "revenue rising" why is it the same as a year ago - ie before the phoney related party revenues which were used to ramp the share price to get the fraudulent placing away?

Why are losses increasing?

Why has cash burn increased so much?

Why has MYSQ had to do a death spiral deal? Why have they done that deal with a company that seems to have no money?

What is going to happen to the shareprice once the conversions start?

How are MYSQ going to raise more money by this time next year when all the death spiral money has gone?

What is going to happen when Asian regulators act against MYSQ?
Mysquar share price data is direct from the London Stock Exchange

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