19 days ago
The morons really have not done their maths. Bidstack (BIDS) may have settled its dispute with Azerion and will be getting 3 million Euro (£2.6 million) but it is still utterly fecked. A 153% share spike today is a selling opportunity for any cross dressing IT consultants still owning the shares. Let me explain.
176 days ago
On 20 June Bidstack (BIDS) was forced to finally forced to publish its diabolically bad calendar 2022 results. Although it had £8.7 million left in its piggy bank at the year-end – thanks to a placing undertaken by misleading investors – the projected cashburn in 2023 thanks to the Azerion deal blowing up means that by Guy Fawkes night the company will have run out of cash and gone up in smoke.
287 days ago
Following yesterday’s bombshell EXPOSE article HERE I have written to the Oxymorons at AIM Regulation about Bidstack (BIDS) asking for a full investigation into whether it duped punters ahead of last October’s £10 million placing and retail offer at 2p.
435 days ago
In October of 2022 Bidstack (BIDS) completed a fundraise at 2.85p raising a net £9.5 million. Its house broker Stifel said that this would be enough to get it through to breakeven in 2024. But I suggest that is patent bollocks and that there could be a cash crisis ( again) this year. Here’s why.
454 days ago
Yesterday there was an admission from Bidstack (BIDS) that its soon to be former business partner Azerion had terminated the venture and had not been paying invoices for some time. This begs the question: were interims released on August 8 2022 bogus and designed purely to pump the shares ahead of the 5 October bailout placing. I have written to AIM Regulation demanding it launch an enquiry.
455 days ago
On the 29th December when nobody was watching, Bidstack (BIDS) snuck out the news that Francesco Petruzzelli was quitting as Managing Director and was resigning from the Board. So it ended 2022 with bad news and it has started 2023 with even worse news regarding the bust up with its major partner Azerion.
533 days ago
I wrote to AIM Regulation yesterday and it is clear that it has acted forcing the rogues at Bidstack (BIDS) to come clean about the “Private” bust up with Azerion email sent to some clients of Nomad Stifel yesterday, an email, that thanks to Winnileaks, I published in full within hours of it being sent. And the regulators have forced hapless Lyin’ James Draper to roll back on claims in that email.
533 days ago
This is shocking. What is clearly adverse information is being withheld from the market but is being sent to selected investors by Lyin’ James Draper the CEO of Bidstack (BIDS). None of what is in the email below, received via the Winnileaks service today, is referenced in yesterday’s trading update. This is shocking. Surely even the Oxymorons at AIM Regulation should force a statement?
