Earthport Share Discussion Threads

[tradingworldnow] 08/11/2017 17:40

hey guys does anyone know if the so called aim breaches by SS, the liar told you so idiot ever reported them, or was he fabricating it all because he's a sissy and a girl wanting her baby doll.

It seems she never reported them, fancy that, why? because they were not breaches and nothing happened. What a baby cry baby.

[tradingworldnow] 08/11/2017 17:34

brill ssr.

[ssr23] 08/11/2017 15:04

hxxp://www.fintech.finance/fintech-tv/sibos-2017-mike-steinharter-earthport/

Mike Steinharter - “we are going to be scaling up significantly.”;

“We are using the funds to scale up the firm around the world to build up our commercial presence and our back office so that we can address all the opportunities out there for us.”

“We are a young company”


Hang in there folks. These guys are working hard to take EPO to the next level. Exciting times!!!!!

[chadders] 08/11/2017 14:50

The troll is a liar and a fantasist.

Anyone know who fabricated the June 2016 shareholders bulletin? I think it was the troll.

Anyone seen the 125 million share dump it said was happening?

[silkstag] 08/11/2017 13:50

EPO management apparent serial breaches of AiM rules are:
1) Breach of their duty promptly to notify the market when they become aware they will fall significantly below market expectations
2) breach of duty not to set knowingly false market expectations
3) changing the disclosed metrics from period to period and concealing bad comparables in results RNS and its accounts. These should be consistent and not mislead by omission.

Management's serial problem is that having issued grossly inflated forecasts to raise funds at an inflated valuation, they don't want to downgrade too soon else rile investors about the ripoff falsity.
MANDATORY SELL before slide to 4p and 10 for 1 share consolidation in October 2019
All imho. Dyor

[silkstag] 08/11/2017 13:30

I was right in my Sept 2014 post that EPO forecasts were a grossly inflated pack of lies to deceive investors into subscribing at an inflated valuation. What a cracking post. Thank you for reminding me about that excellent post!
I was right on the key issues on the 'pack of lies to deceive investors' Sept 2014 forecasts and I am right now about the same deceit with the October 2017 forecasts.
QED. All imho. Dyor

[tradingworldnow] 08/11/2017 13:17

gogetter

you decide.

This company guess what has raised another 71m. Guess what they are doing with it, they are spending it all, yep, that's right spending it to shape the business of the future. Sometimes you have to invest to take a bigger slice of the apple. Its how it is. EPO is doing that as many are these days.

hxxps://techcrunch.com/2017/11/06/monzo-moolah/

[tradingworldnow] 08/11/2017 12:42

silkstag,

Selected reading is great because it lends itself stupidity.

Points 1 and 3 you seem to have ignored.

No problems, some don;t like being wrong, its clear you don't so we will make it easier for you.

If you read your post , its your post no one elses, you can clearly see how you were wrong.

Readers can see EPO revenue did increase from 3 to 30m.

Readers can see BH was not a low FX dog, flat or falling revenue as you predicted, so you lied ad were wrong. It turned over 12m. I see you can't even say a word on the matter.

You seem good at lists and slating others, so how about we slate your, your one sided views and posts which were fabricated, like the 2016 shareholder bulletin, like these points below.

Can you list all the aim breaches?

Finally, with all these so called aim breaches, its clear you never reported them, because, they were never breaches, just lies and fabrications. As you said to someone recently who suggested they'd report you, but you implied why say it if you've done it, its pretty much your own position on the breaches. Why say it, if you've reported them. You have not reported them, they were not breaches which is why you post it.

Don't worry, don't embarrass yourself any more. Its clear a fabricated liar you are.

I'l list a few more for you. You're filtered now, so I'll share you history while you repeat and share your own lies and fabrications.

ilkStag - 29 Sep 2014 - 12:04:18 - 10629 of 13776 EPO with Charts & News - EPO
Culford, thanks, we have four main differences so here is a summary:

1) SS says it is obvious much of H2:14 revenue was non-recurring so H1:15 could easily be lower and wont be higher; EPO concealed the trend in transaction volume which is a serious warning signal. CF says BoAML 'guaranteed' recurring revenue will help grow core revenue.

2) SS says Baydonhill is a low margin FX dog, failing for a few years, and its revenue could easily go down if more retail clients are lost than corporate clients gained; thus the assumption it stays flat at £0.4m per month is perhaps generous, net growth seems unlikely. CF says BH revenue will grow due to cross-selling to EPO clients.

3) SS says that EPO management have proven themselves to be 'dirty dishonest pigs' eg breaching AiM rules by not downgrading expectations when they knew that they would fall far short, apparently to deceive investors into subscribing shares at inflated valuations; thus failure to hit forecasts issued to support a funding round should be expected. CF says the 2015 forecasts 'do not look aggressive'.

4) SS says that the forecast 2015 profit of £0.5m looks like a bare-faced lie peddled by management; assume it will be a loss and probably the usual £5m loss. CF seems to disagree and has not offered an alternative to the forecast £0.5m profit.

DYOR. SS says STRONG SELL before lousy numbers far below expectations come out again, July-Sept 2014 trading will be poor compared to forecast!


What a laugh

Point 1 - You said revenue would not be higher and suggested BoAML would not increase revenue for epo. What evidence do you have on this. Do you have any hard facts because it appears its just plain fabrication and simply rubbish.

Point 2 - You said BH was low margin FX dog, failing, and that revenue could easily fall. It seems this DOG turned over 12m revenue. Again your assumptions were wrong. CF said BH revenue would grow due to cross selling, something you didn't believe would happen. care to explain why you believed BH revenue would not grow? it did as CF stated. Wrong it seems on your part.

Point 3 - You said the management were dirty pigs, I can't smell much, but I'd like to ask you, could you or do you have a complete list of these so called aim breaches. If so do list them for me. I'd then like to understand on each occasion you stated they breached, I'd like to know, did you ever report this to the FSA/FCA, if yes, what was the outcome, if no, why not?

[silkstag] 08/11/2017 12:32

Fy15 actual was -£8.7m loss from memory. So my Sept 2014 post that the fy15 forecast £0.5m profit looked like a 'bare faced lie' peddled by 'dirry dishonest pigs' to 'deceive investors into subscribing shares at inflated valuations' seems bang on! Imho

[tradingworldnow] 08/11/2017 11:59

Hello Silkstag,

I have reread this post you did a while back. History tells us many things and one thing it shows is you were not 100% right. You were also wrong so its hard to believe what you say.

For instance:

Post 10629:

Point 1 - You said revenue would not be higher and suggested BoAML would not increase revenue for epo. What evidence do you have on this. Do you have any hard facts because it appears its just plain fabrication and simply rubbish.

Point 2 - You said BH was low margin FX dog, failing, and that revenue could easily fall. It seems this DOG turned over 12m revenue. Again your assumptions were wrong. CF said BH revenue would grow due to cross selling, something you didn't believe would happen. care to explain why you believed BH revenue would not grow? it did as CF stated. Wrong it seems on your part.

Point 3 - You said the management were dirty pigs, I can't smell much, but I'd like to ask you, could you or do you have a complete list of these so called aim breaches. If so do list them for me. I'd then like to understand on each occasion you stated they breached, I'd like to know, did you ever report this to the FSA/FCA, if yes, what was the outcome, if no, why not?



SilkStag - 29 Sep 2014 - 12:04:18 - 10629 of 13776 EPO with Charts & News - EPO
Culford, thanks, we have four main differences so here is a summary:

1) SS says it is obvious much of H2:14 revenue was non-recurring so H1:15 could easily be lower and wont be higher; EPO concealed the trend in transaction volume which is a serious warning signal. CF says BoAML 'guaranteed' recurring revenue will help grow core revenue.

2) SS says Baydonhill is a low margin FX dog, failing for a few years, and its revenue could easily go down if more retail clients are lost than corporate clients gained; thus the assumption it stays flat at £0.4m per month is perhaps generous, net growth seems unlikely. CF says BH revenue will grow due to cross-selling to EPO clients.

3) SS says that EPO management have proven themselves to be 'dirty dishonest pigs' eg breaching AiM rules by not downgrading expectations when they knew that they would fall far short, apparently to deceive investors into subscribing shares at inflated valuations; thus failure to hit forecasts issued to support a funding round should be expected. CF says the 2015 forecasts 'do not look aggressive'.

4) SS says that the forecast 2015 profit of £0.5m looks like a bare-faced lie peddled by management; assume it will be a loss and probably the usual £5m loss. CF seems to disagree and has not offered an alternative to the forecast £0.5m profit.

DYOR. SS says STRONG SELL before lousy numbers far below expectations come out again, July-Sept 2014 trading will be poor compared to forecast!

[themirror] 08/11/2017 11:31

I think silkstag fabricated the rubbish.

shes a liar.

gogetter

the question asked is still pending.

Do you understand the difference between raising money for survival and raising money for investment?

Like anything , you get your house in order first and ensure your income meets your obligations. Earthport have. Now, they have raised money for investments and this was the case before too, in 2014.

Prior to 2014, the money raised in 2010, and pre 2010 was for survival since their revenue never increased, flat or fell.

Notice the difference, they have growing revenue, its not flat, its not falling, its a fact its going up and will go up. They have a solid business to build on now. So funds are simply for investments. They have also stated the funding is not for opex, its for growing and lal documented in the circular.

Now if you don;t get the sea change, no worries, but don;t slate epo today as it is now moving upwards and make great strides. Pre 2010, sure, but not now. Its turned the corner.

[chadders] 08/11/2017 10:46

Anybody owned up yet to fabricating the June 2016 shareholders bulletin that was full of lies and a pathetic attempt at duping investors?

I think it was the troll.

[themirror] 07/11/2017 23:12

gogetter - a simple question.

1) Do you believe in companies reinvesting profits into their business to grow it further?

2) Amazon is known for no/limited profits. It invests day in day out? Do you agree with them?

3) Thirdly, earthport in all of the other years raised money for survival, failed strategies, flat and falling revenue. From 2014, yes they raised cash, but that cash went from 3m to 30m revenue. They have raised more cash to grow, so its not for survival, its for growth. Its totally, 100% different. Do you understand that.

This money, they are looking to grow revenue from 30m to 72m. They have a solid customer base now, solid income, not falling or flat. Its as simple as that.

Now if you don't get the change, the turning point, no problems, but remember, they are raising money for growth not survival. Their revenue is not falling or flat, its growing.

Its changed.

[momentit] 07/11/2017 22:47

chadders - no shock -
gogetter3, I'm sorry to say it but you're definitely not over your EPO experience.

[chadders] 07/11/2017 16:56

For those new to this board, the troll is a compulsive liar a scaremonger and worst of all the fabricator of false information in order to dupe investors.

Can anyone tell me if it has answered the question "who fabricated the June 2016 shareholders bulletin.

gogetter3, I'm sorry to say it but you're definitely not over your EPO experience.

Added a few more today. Stashed away for an early birthday present.