BNN Technology Share Discussion Threads

[rayfenn] 31/5/2021 14:30

MICT is just another scam fronted by Mercer.

[maxmax90] 31/5/2021 14:06

This is not a cult, we do our DD critically and so far we like the risk reward opportunity, MICT is still extremely undervalued on fundamentals and the growth opportunity is enormous... thats why we like the stock... and as soon as the investment thesis changes I will immediately sell, this is something that many bag-holders didnt do in the first place when BNN started to decline

[skin18] 31/5/2021 13:25

On Stocktwits, it seems like MICT has a cult following.It will be interesting to fast forward a year to see if the following will still be there.

[maxmax90] 31/5/2021 10:31

2johnnyboy account was registered in 31 of May, I am pretty sure this was done on purpose to spread fear and confusion to help the huge short positions in MICT (30 mil shares), so please dont fall for these cheap tricks...

I have been long reading this forum since I am invested in MICT... I went long MICT after doing an extensive DD (also on BNN) and here is why.. What killed BNN was not DM but the lottery license issues.. BNN shareholders had to take into account this business risk but they didnt. Also, I can name at least 5 early MICT investors who are invested in BNN too.. these people went through the exact same situation as you guys and still made another bet on DM and his business plan, this shall give you an understanding that things are not black and white like people use to describe it here ....

And at last, you guys shall be cheering for MICT cause this is your chance to get some money back as who else other than DM is interested in saving BNN shareholders (his friends and himself), thats in your own interest that MICT does well

[maxmax90] 31/5/2021 10:30

2johnnyboy account was registered in 31 of May, I am pretty sure this was done on purpose to spread fear and confusion to help the huge short positions in MICT (30 mil shares), so please dont fall for these cheap tricks...

I have been long reading this forum since I am invested in MICT... I went long MICT after doing an extensive DD (also on BNN) and here is why.. What killed BNN was not DM but the lottery license issues.. BNN shareholders had to take into account this business risk but they didnt. Also, I can name at least 5 early MICT investors who are invested in BNN too.. these people went through the exact same situation as you guys and still made another bet on DM and his business plan, this shall give you an understanding that things are not black and white like people use to describe it here ....

And at last, you guys shall be cheering for MICT cause this is your chance to get some money back as who else other than DM is interested in saving BNN shareholders (his friends and himself), thats in your own interest that MICT does well

[alzy1] 31/5/2021 08:22

My shares are still listed on my trading account with HL, showing the quantity and the last value against them, so not sure how your shares have disappeared, perhaps you could advise ?

[2johnnyboy] 30/5/2021 19:44

I have lost all of my money on BNN technologies and it looks like my shares have disappeared. MICT looks like the same situation. If it sounds too good to be true, it probably is. Look at all the poor people on their stocktwits page. They are so hopeful. Darren Mercer will run away with their money in a few months.

[alzy1] 26/5/2021 09:34

Your probably right, but we live in hope, that's all we have left lol

[rayfenn] 26/5/2021 09:26

BNN shareholders will get nothing back.

[credock] 26/5/2021 09:02

Its been a nightmare mate.

[alzy1] 26/5/2021 08:40

Were gonna need it, the Can just keeps getting pushed further down the road, ah well, after all this time, what's another 2months

[credock] 26/5/2021 08:05

Good luck to us all with money in this .

[marmar80] 25/5/2021 21:05

25TH MAY 2021FROM THE DIRECTORSFurther to our previous communication of 28th February 2021, we are pleased to update you asfollows:It has been a busy few months in terms of progressing the due diligence process with our potentialacquirer. The due diligence has progressed well, and large parts of the exercise are now complete.Furthermore, the potential acquirer is satisfied with their findings and no material issues have arisen.There is however more work to complete on the due diligence, including in particular in relation tothe licenses and contracts that we hold, which represent a large portion of our value to the potentialacquirer. As part of the due diligence, the potential acquirer requires third party confirmations fromcertain parties in China and expert opinions have been commissioned, as is normal practice. Thisongoing work is now a key determinant of our timetable and a potential completion date.A recent major development on the transaction has been the introduction of an additional party byour potential acquirer, which is a specialist global lottery operator. Our potential acquirer has beenspeaking with the global lottery operator about a possible roll-up strategy that would involve someform of merger with our lottery businesses. These plans are being discussed from our perspective witha view to increasing the value to our existing shareholders.In the meantime, whilst the remainder of the due diligence is being completed, including on ourlicenses and key contracts, and the plans with the third-party global lottery operator are beingexplored and progressed, we have agreed to grant a further extension to our potential acquirer'sexclusivity period, which we feel is in our shareholders' best interests.With the significant progress made on the transaction over the past two months, we are increasinglyconfident of delivering an attractive deal to our shareholders, which we believe will ultimatelygenerate a meaningful return. We will aim to provide a further update to shareholders during July. We are grateful to you for yourpatience during this complicated and time-consuming process.THE END

[skin18] 25/5/2021 20:52

Update on the BNN website....looking more positive.

[rayfenn] 24/5/2021 10:51

In your dreams skin18

There are no BNN assets worth a carrot.

[skin18] 24/5/2021 10:21

I believe MICT have a conference call today, I wonder if this will be the time that they announce the purchase of BNNs assets?

[easyrawlins] 23/5/2021 14:37

I just read the MICT board. Same stuff, different company, different market. Same schtick. I don’t imagine DM invested £8m at all, it’s not his style at all to put his own cash in a company. Ever. A NASDAQ platform has been an ambition for him for at least 20 years. The liquidity is the attraction. Think carefully about his business model. Not the MICT model. His model. Looking at the comments on Stocktwits in the Robinhood era, he’s probably in the sweet spot right now. The comments are less rational than the comments have been here for some years.

[rayfenn] 22/5/2021 20:40

Mercer probably scammed some Cheshire friends to get the £8 million.

He should be in jail.

[garye5] 22/5/2021 19:26

Phaps he has sold his share in bnn technology or this is part of his wages at mict please read chat room at stockwits and sertch mict you met find it entertaining

[charlesdarcy] 22/5/2021 17:32

Garye
Don’t forget he couldn’t pay the Butcher at his pub just 18 months ago .
He has not been able to sell his stock in BNN so not sure where he has got £8M from .

[garye5] 22/5/2021 11:38

Hi they tell me their has been a directors deal at mict daren has spent 8 million pounds on mict shares or are they a gift very bulish at mict