Live Share Discussion Threads

[jpuff] 27/11/2023 08:32

Cutting salaries where appropriate - the bod given the state of the business are presumably on zero by now?

[iamthemagnificent] 27/11/2023 07:47

2x RNS !

Key takeaways for me:

"overall creditors remain in the region of GBP3-4 million." Oh dear.

"The Board is actively reviewing several pathways to ensure the future success of the business including cutting of non-performing business and the addition of new verticals within the media and entertainment space."

new verticals !!! Oh dear.

[iamthemagnificent] 20/11/2023 12:53

28th July 2023:

'The Company also informs investors that further to the RNS of 21 June 2023 that while good progress is being made with the 2022 annual accounts, these accounts will not be published by 31 July as previously indicated. The Company will update investors in due course as appropriate.'

... August ....
.... September .....
....... October ......
......... November ....

..... How long does it take ?

[iamthemagnificent] 19/11/2023 09:32

Wow - from l-se message board:
KNIGEL - any more BULL views ?
Stocktrend/Tintin - How's your 20p target looking ?


'
Duncan established Bright Bricks in 2010, whilst he was the UK’s LCP (LEGO Certified
Professional) and, together with a team of 30 builders, designed and built a range of
bespoke models, tours and kits for companies worldwide.

This successful and thriving company was subsequently bought by Bricklive international and Duncan remained with the group to spearhead the expansion of touring shows until the recent closure of Bricklive’s workshop.

Duncan has established Iconic Bricks with a new team of creative and inspiring designers and builders who are working together on a new, innovative and educational set of tours that will appeal to a wide range of venues.'

[calling it] 13/11/2023 23:04

Averaging Down - it’s just the daftest theory ever. People say it out loud like it’s a serious investment strategy. Good money after bad = Averaging Down.

[clocktower] 08/11/2023 11:08

I think they would keep well clear as there are to many offshore enterprises to deal with, and this is what allows these sort of businesses/directors to act as they do time and time again.

DC etc has gone off laughing all the way with the cash he and his mates received for StArt plus from this lifestyle business.

There were plenty of warnings given on these threads but when some people are down 50% or more they just cannot accept taking losses and move on, in fact many just keep averaging down.

[calling it] 01/11/2023 12:09

I was quoting the paragraphs that come with this group. That was set up becuase they didn’t want to hear anything negative.

I think an EGM and getting in touch with the regulator is exactly what should have been done and still should be done.

I would expect there are a host of former employees, the acountants and Directors who have resigned who would be more than happy to spill the beans in the correct forum.

Whilst the company doesn’t have any money left I should think DC does - and as the number 1 shareholder and only real director he is quite vulnerable if it can be proved that he acted in his own interest.

It is not a difficult process to start. And actually the Ombudsman has been looking for a clear win and someone to make an example of for some time.

[iamthemagnificent] 01/11/2023 08:17

Fascinating to see all the bickering now on the l-se discussion thread. As mentioned time and time again this sequence of events with Parallel Media/Live Company Group has been going on for years and years. Of course anyone advising extreme caution was immediately branded a 'troll' and had their message posts removed. And now some of the main rampers are calling for legal action and the setting up of a shareholder action group... lol.
The biggest ramper of all, MB10 seems to have gone very quiet though.
The story continues, but if there's any money left I think I know who's pocket it's going into.

[clocktower] 01/11/2023 07:22

Calling it, it does not have divisions it has interests in third party companies in the main, as I pointed out a long time ago.

As you say though, it seems it was always going to end this way, however the regulators ignore these small businesses as do the FCA and the SFO, so life rolls on.

[calling it] 30/10/2023 09:44

The entire thread was set up by people who wanted to put their fingers in their ears and not hear the warnings. You were all warned about DC. It was always going to end like this.

This is a thread for shareholders or those considering an investment in the company only. This thread is for posters who do not have a weird obsession with David C and focus on the company and it’s divisions only. Shareholders can raise valid comments or concerns - non holders with agendas will be filtered and will not get a reply. I suggest they set up a BULL thread and post their “concerns̶1; there

[iamthemagnificent] 18/10/2023 18:02

'Amazing line-up guaranteed'

BUT, just announced:




Same venue, same date.


So either Rammstein has gone Kpop (lol) or ..... ?

[clocktower] 17/10/2023 14:31

Have the accounts not been signed off yet?

[calling it] 13/9/2023 22:15

Classic DC.

Knigel - are you seeing this as another gray opportunity to average down?

You were all warned.

[clocktower] 13/9/2023 11:10

On the 08.08.2023 the company said:

"The Company has arranged a short-term loan from a number of private investors in the UK entertainment and media industries to provide the GBP1.25 million needed to help fund the Event, the first GBP600,000 of which has been received.

A short form loan agreement has been signed and it is envisaged that a long form contract will be finalised later this month which is envisaged to include security and liens over Event income, a fixed repayment liability of GBP1.65 million and only in the event of default a 20% share of Event profits. When this is executed, the Company will provide further details."

It seems they never finalised that or lots of other things like the extra shares that JL had agreed to purchase at 3p but of course never did. However, StArt and KPop was nicely tucked away in a company he controls in Korea it seems to me.

[iamthemagnificent] 13/9/2023 10:23

Ah, stocktrend2 aka tintin finally re-appears.

Are you finally going to admit you got it wrong?
Are you finally going to apologise for repeatedly insisting that the shareprice would hit 20p ?

As I've been saying for years, this is just a repeat of how it performed when it was still called Parallel Media. Continually running out of cash.

As for people having their life savings here, they must be absolutely mad. No sane person puts all of their eggs in one basket and particularly not in a dodgy AIM share.

GLA.

[stocktrend2] 13/9/2023 10:16

People have lost money and delist is inevitable i think you should stop rubbing it in and stop these posts, some have their life savings here

[iamthemagnificent] 13/9/2023 07:48

"TheSquid 7,861 pts
18 minutes ago

Poor ticket sales I expect. I looked at it, thought about it, thought about it some more, and then ended up deciding it was just too expensive to see groups I wasn't particularly excited about. The tickets for the weekend, in the pit, were over £700 each. Even the ordinary tickets were well over £100 for one day. Then they didn't have the artists, it was going to be over three days with the third day's artists unannounced, ITZY were on twice and so were XIKERS, then they condensed it into two days with the same groups.

.

I think they need to organise things better, and they also need to get it out of their heads that British people have money to burn, right now everyone is struggling, and going to a Kpop festival is way down on the list of everyone's priorities."

[iamthemagnificent] 13/9/2023 06:39

Just seen this posted on l-se board:



If true I think that may be the end of kpop lux and even lvcg -

Wonder what the last remaining bulls have to say ?

What next, sell off the Bricks to pay the bills ?

Perhaps a Shareholders Action Group will be set up by MB10/Tintin/Stocktrend/whatever (then again, maybe they work for the company).

Hard luck for anyone still holding this dodgy share.

[clocktower] 12/9/2023 09:27

Still tickets available for the reduced concert I notice.

Not even the new auditors seem to be able to unravel all those divisions it would seem.

Will the regulators ever look into DC's past statements and video updates?