Big Sofa Technologies Share Discussion Threads

[barvin] 01/10/2018 07:18

Amazing fall from grace for this company.

[chimers] 01/10/2018 07:03

Im surprised the market took it so bad!!
Novum have 33m of these bad boys to pre sell before the 15th lol.
Reynolds n co will have already pre sold their freebies.

[gheebee] 01/10/2018 07:02

Just think how investors in Eridge Capital must be feeling

[pj 1] 01/10/2018 07:00

PJ 1
28 Sep '18 - 13:05 - 1892 of 1909 Edit
0 0 0
IPSOS have been totally shafted here. I wonder what their exit/ risk control reserve is?


IPSOS bought 20% of BST for £3million


If they had not done that and waited then amazingly I think they could possibly have picked up the whole damn thing for £4m, maybe even £3m.

This is not going to end well. I cannot see how BST BoD can survive this fiasco
====================================================================================
There you go circa £3m Market Cap, and it will probably go lower!!!!!

Disgrace. I actually , for a change, feel very angry about this.

[chimers] 01/10/2018 06:57

'Hello is that Mr Ballsack ? its Freddie from Novum here and boy do we have an opportunity for you today!!! Now shhhhh we don't want anyone else to know this but as you are one of our "SPECIAL" clients I thought it only fair to let you in on the..........hello ?...........Mr Ballsack ....HELLO?..........

[gheebee] 01/10/2018 06:54

Opiodo, you eternal optimist you.

[chimers] 01/10/2018 06:52

Fukit......thats the watercooler gone then............

The Board has agreed to a number of significant cost-cutting measures to bring the Company to cash breakeven sooner without affecting its ability to deliver anticipated revenues.

[chimers] 01/10/2018 06:49

Video data embedded in market research surveys'.............EH!!???

[michaelmouse] 01/10/2018 06:43

And there we go! A capital raise at 3p for £1.68m. It will just about keep the lights on for 6 months if they're lucky?

LOL.

[toffeeman] 01/10/2018 06:43

Opiodo - you were 50% out :) :) :)

[michaelmouse] 01/10/2018 06:26

Awful as expected.

Best of all:-

"The Company's growth has led to it absorbing cash which will continue for a number of months; the directors are at an advanced stage of arranging further funding necessary to sustain the business and support the growth strategy."

I can't stop laughing at that first bit. "The company's growth has led to it absorbing cash..." Growth in revenues has actually fallen from £797,000 in the last half year to £602,000 reported today. It's only increased by £99,000 from the comparable period last year.

Another one for the knackers yard. LOL.

Written in March:-



Dear, oh dear it's absolutely scandalous!!

[chimers] 01/10/2018 06:23

Closing Down Sale!!

[gheebee] 01/10/2018 06:18

Oh dearie me. Is this fast growing disruptive technology company now due a change of management, another cash infusion and a reduction in the number of board members?

[opodio] 28/9/2018 19:29

5p coming

then 2p placing

imho

[gheebee] 28/9/2018 14:07

I think IPSOS can afford a bit of the old pals act here. Unilever has enough trouble with its going Dutch issue so looks to me like IPSOS has taken care of this problem child for its partner.

[colinzeal] 28/9/2018 13:31

That interview TW did with AR was appalling...promises of huge deals and the like...complete load sh1t of course.

[pj 1] 28/9/2018 12:05

IPSOS have been totally shafted here. I wonder what their exit/ risk control reserve is?


IPSOS bought 20% of BST for £3million


If they had not done that and waited then amazingly I think they could possibly have picked up the whole damn thing for £4m, maybe even £3m.

This is not going to end well. I cannot see how BST BoD can survive this fiasco

[opodio] 24/9/2018 06:12

5p coming

then 2p placing

imho

[pj 1] 23/9/2018 18:21

I think something else has changed that perhaps HSR hasn't commented on, or are not quite 100% sure of their facts so have decided not to comment yet. Its very unusual for them to go from a ''Strong Buy'' to ''Hold'' in a matter of weeks. I wonder how those subscribers feel who followed the ''Strong Buy''...??