Location Sciences Share Discussion Threads

[yump] 25/11/2021 23:17

But in June...

"Location Sciences is the pre-eminent global location verification provider to the $160 billion digital advertising industry."

Funny when you start looking, but not for investors.

So with £1mln turnover and dropping after a few years, either its not pre-eminent, or it doesn't work. Binary option by the look of it.

[breakconvention] 25/11/2021 23:08

I do agree with some of the posts, you really do have to ask how is this legal but, as it's AIM, and a UK listed stock it's almost as if anything can happen.

[stephenk123] 25/11/2021 19:40

With the billions of warrants frm the concert party - what kinda price would it make it even viable for them to sell some!?!..... At the moment if you sell £5 worth of shares the price drops!

[stephenk123] 24/11/2021 20:08

I hope price goes high enough for slade to get his options tbh... Would need to be 3p and up to make it worth his while

[norman the doorman] 24/11/2021 18:30

Slade had 6m shares and 15m options at 2.25p so perhaps they are waiting another 6 months till he is gone so they can vest them at 0.0p
also 175k salary for doing nothing for 12 months looks like nice work.

[ries] 24/11/2021 16:54

Someone knows.

[pwhite73] 21/11/2021 08:53

If LSAI is intending to close its doors then the 6 million dump at 0.39p is clearly a sign of insider trading and a criminal offence.

[stephenk123] 20/11/2021 11:16

Looks like frm Thr morning.... Probably someone lost patience.

If Lsai was going to close its doors what would have been the point from Boohoo and Hughes!?

[david gruen] 20/11/2021 10:06

Just under 6 million dumped at .39

[pwhite73] 16/11/2021 17:33

bradwellbasher - "So why is the price holding relatively well? And do they p- - - of small shareholders intentionally so shares can be scooped up cheap and used for whatever plans"

That's exactly what I think is going on. Every time the offer goes under 50 there is a buyer.

[stephenk123] 15/11/2021 17:28

It's a non existant company just now... No sign of life and £4.5mill.in the bank

[bradwellbasher] 15/11/2021 11:58

Must be time for it to rocket

[plunge] 15/11/2021 11:20

Won't it be ironic if the business ultimately gets sold off to parties affiliated with Blis, a major competitor in this space! Last year suspicious attempts were made by the latter to acquire LSAI's intellectual property.

For background refer to my earlier posts on this matter.

[stephenk123] 15/11/2021 10:50

I bought in March cause I actually thought there would be money to be made in the advertising world post Covid but don't know what to think now. Something gotta be brewing for Boohoo and Hughes investing, even more so when Simon Wilkinson looks like he left a reasonable job to take this.
Seems strange goings on

[plunge] 15/11/2021 10:37

I think most small retail investors have long abandoned this sinking ship. Just a few diehards like myself remain.

[bradwellbasher] 15/11/2021 10:10

So why is the price holding relatively well? And do they p- - - of small shareholders intentionally so shares can be scooped up cheap and used for whatever plans

[bradwellbasher] 15/11/2021 10:09

So why is the price holding relatively well? And do they p- - - of small shareholders intentionally so shares can be scooped up cheap and used for whatever plans

[plunge] 15/11/2021 09:48

StephenK123 - agreed a RTO is very likely in my view.

The Company's business model has been an absolute failure. So much of its strategy was dependent on cracking the the US Market and when its Chief Business Officer over there left in May this year it was basically game over.

[stephenk123] 15/11/2021 09:09

Where do folks think this is going!?
Rto written all over it!?

[plunge] 13/11/2021 20:47

I see that the Company's Senior Software Engineer has now left. With Slade and Rae on their way out, there are only 6 others to go.

[breakconvention] 09/11/2021 16:05

Nice jump in volume today, clearly a few buys listed as sales on L2.

[plunge] 29/10/2021 17:03

I see the one remaining project manager at Location Sciences has now left.

So, according to the Company's LinkedIn information, only 9 staff members remain. And two of these, i.e. the CEO Slade and the CFO Rae, have already been given their marching orders.

Until we get some clear direction from the new Chairman as to where this Company is going, I would urge any potential investors to exercise extreme caution.

[plunge] 22/10/2021 15:53

The timing of today's RNS says it all. Obviously the Company's nominated adviser and broker didn't think this news was worthy of release prior to the start of the trading day.

[plunge] 22/10/2021 09:25

The share price hasn't moved at all since today's news release and the time of this posting. It looks like the market doesn't think much of this disposal.

Either that or this Company is so far off the radar for most investors, it just hasn't registered. So, no surprise there.