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[mark0419] 22/4/2023 15:33

Think you are right he was correct once but incorrect so many times we can't keep up with it all......he got BMN ITX AGL AND NOW ENET ALL WRONG.People should ignore him on this board.

[dubois] 22/4/2023 13:09

Why do you all keep arguing with this idiot. He knows no more than the r rest of us and can only look at what the company has done in the past. He doesn't have the ability to even consider what could be happening now. He could of course be right. But I very much doubt it. He presumed there is no revenue coming in.Just a trouble maker like the others. Please stop prompting him to post

[purchaseatthetop] 22/4/2023 12:33

Exactly. There is no evidence that really any material gross margin [not revenue) has been earned from NFTs.

[blueskyaim] 22/4/2023 12:31

Exactly Tommy

[tommyknockers1] 22/4/2023 11:56

purchase, whilst I agree your assessment it is historic
what blue is stating is that you have guessed/presumed that cash burn/loss has persisted?

[mark0419] 22/4/2023 08:40

Is ENET next to delist.........

[purchaseatthetop] 22/4/2023 08:26

Blueskyaim. Read the 27/3/22 RNS with their accounts. They tell you in the consolidated cash statement that they burned £1.653m in that six months more than they earned.

I have adjusted this figure for one-off contract fees. I am not suggesting cashburn is that much, I am telling you cash burn is that much. Because their accounts say so.

Apparently the company cash position is fine? They always say that just before a placing. Which is coming before the end of May 23. Remember I called the last placing to the week.

[blueskyaim] 22/4/2023 08:19

PATT you are insinuating that MOS are burning/losing £150/200k a month - do you know how much they have coming in ?Doubt it because nobody does except the company, therefore by definition you are guessing - apparently as per yesterday the companies cash position is fine.

[purchaseatthetop] 21/4/2023 16:16

27/3/22 RNS
Consolidated cash statement 6 months ended 31/12/22

Total cash used in operating activities £1.653m
Take away contract fees that are one offs and you end up with 1.1m cash spent

Just under £200k per month.

[tommyknockers1] 21/4/2023 16:04

Wow Patt.
And you have the evidence showing £6,000 a day losses?

[purchaseatthetop] 21/4/2023 15:34

Tommyknockers. Yes, cash burn is between £150k and £200k a month.

[tommyknockers1] 21/4/2023 15:33

So purchase you are saying mos losing
£2,190,000 per annum
£182,500 each month

[tommyknockers1] 21/4/2023 14:39

That much Purchase!

[purchaseatthetop] 21/4/2023 14:23

£6k a day burned, each day, every day, all month.

[terminator101] 21/4/2023 14:21

Whooosh. What an amazing end of week for this confetti generation lifestyle pish huh.

[amtech1] 20/4/2023 18:50

I don't think they need to, if they can sell F1 NFT Experiences without them been for sale surely the market will pick up in that magic touch. Wonder if ME will walk across water for his jolly to Miami that blueskyaim claims to have read about.

[dodge_city] 20/4/2023 18:27

If Epstein doesn't come up with a decent trading update this will soon be sub 10p and falling.

You have to ask why hasn't yet done so.