Big Sofa Technologies Share Discussion Threads

[mister md] 01/10/2018 19:00

Monday's anagram: Big Oafs

[onjohn] 01/10/2018 15:39

ONJohn5 Sep '18 - 08:29 - 1853 of 1934 Edit
0 1 0
Went to DFS and asked for sofa and wanted big sofa technology inside and they said no one ever buys it, havent sold a single sofa with it





I did warn people that DFS werent selling any

[immokalee] 01/10/2018 13:39

Don't hold personally but did notice this on fallers. kMann, don’t know why TW is tipping .... he’s not a pro and probably thinks his own woes will clip the violin strings. Genuinely sorry for all holders.

[barvin] 01/10/2018 13:11

Just imagine how much a staff member will be getting in the big smoke, not much change from £40k I reckon. Then they'll be leaving every 5 minutes as well.Then the eternal blotch on their LinkedIn profile with a work history that has the name Big Sofa in it.

[kmann] 01/10/2018 12:44

from TW "I apologise for a dire share tip. I have lost £40,000 myself on Big Sofa (BST) and I must take blame for my own decisions."

[opodio] 01/10/2018 12:06

Anuver disaster from the pizza hut

[barvin] 01/10/2018 11:14

So after 6 months, It'll need another fundraise, then another...

Why didn't IPSOS swoop in to do the whole lot? After they pumped in £3m literally 6 months ago

[barvin] 01/10/2018 10:52

Almost 90% down on peak, just over £600k in the first year of 2018. Disaster Zone. Epic fail by management, tipsters and all involved.

[gheebee] 01/10/2018 09:25

It won't escape notice that the bail out investors at 3p are centred around the Hubco team (the delisted RTO vehicle that Reynolds introduced to the BST float). Looks like an act of contrition, to me anyway.

[barvin] 01/10/2018 08:51

Seems appropriate today...

[chimers] 01/10/2018 08:25

Perhaps they're better at radio................

[kemche] 01/10/2018 08:21

Another TARA special served.

[colinzeal] 01/10/2018 08:18

Reynolds has led investors down the garden path here after his cosy little fireside chat with TW a while back. He didn't do so well at REAT either, did he? I'd prefer it if he was nowhere near OPTI after these sh1tshows.

[opodio] 01/10/2018 08:10

Next placing a 1p i fear

[barvin] 01/10/2018 08:09

Any techies out there will know that you can do what a large chunk of what this business does using "Amazon Rekognition Video" from AWS, at about 1/500 of the price they charge.

But the actual product they sell doesn't even stack up for me. Proven by the poor sales.

Finally, AIM and investors are wising up on these overvalued loss-making tech companies like this. That make about £750k revenues and £3/4/5 million losses a year. Just not viable businesses.

PS - Don't get me started on the totally ridiculous name. "Penny, a company called for you. I think they said they were from Big Sofa Technologies?!" Woman in fits of laughter "wtf?!"

[tyranosaurus] 01/10/2018 07:45

Looks like existing shareholders have been well and truly shafted.
Directors loading up at 3p when share price of this fast growing company were 7p.

I call it criminal.

[barvin] 01/10/2018 07:45

Don't forget. 3p was the minimum they could raise at. So bad this is now at par value.

[chimers] 01/10/2018 07:26

Maybe they should make a video about it!!

[tsmith2] 01/10/2018 07:20

Writing has been on the wall for a v v long time...