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Post by ablrate on Dec 20, 2019 13:55:17 GMT
We understand they are book building at the moment (i.e fielding commitments for the listing). Thank you for the update. Perhaps it's also time to have a one-pager company update? Or perhaps two or three slides from the pitch they are using in the road show? We have asked for an update but as you can imagine there is a lot going on. We will post as soon as we have anything
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Post by peekachoo on Feb 25, 2020 5:35:18 GMT
It's reassuring to know that the case was overturned. Sadly their were many people that lost their money at the time of the P**p** L**ge Sc***** and never have the funds to take them to court in a private case. Based on this, it becomes very clear why they seek investment via P2P and not through Banks. Their track record in business suggests that anything said or updates given should be taken with a very large pinch of salt.
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blender
Member of DD Central
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Post by blender on Feb 25, 2020 8:38:30 GMT
It's reassuring to know that the case was overturned. Sadly their were many people that lost their money at the time of the P**p** L**ge Sc***** and never have the funds to take them to court in a private case. Based on this, it becomes very clear why they seek investment via P2P and not through Banks. Their track record in business suggests that anything said or updates given should be taken with a very large pinch of salt. Yes, you are right about the track record of banks - PPI scandal, briefly masters of the universe, then bailed out by us resulting in ten years of austerity, now fighting to suppress competition from P2P, while throughout advertising to the general public that they are 'on our side' and we need them to to support us though our lives. Yes, best to avoid leech-like banks if you can.
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Post by peekachoo on Feb 25, 2020 8:56:06 GMT
Yes, doubt these particular characters are avoiding banks for that purpose though, more like no other choice. Just take a look at what is written about them in the public domain for 5 minutes and this becomes evident.
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blender
Member of DD Central
Posts: 5,719
Likes: 4,272
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Post by blender on Feb 26, 2020 10:15:10 GMT
Yes, doubt these particular characters are avoiding banks for that purpose though, more like no other choice. Just take a look at what is written about them in the public domain for 5 minutes and this becomes evident. But that is the same for many other loans on this platform and much of p2p, the bank lending option not available or viable for whatever reason. What is written is usually not a full or impartial assessment of a person's past record, but rather from people who have had a bad experience. There are four directors, none of whom have overall control. Presumably you do not hold these loans.
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Post by peekachoo on Feb 26, 2020 11:47:21 GMT
I did hold this loan but not anymore. After further investigation I feel that AIM track record for previous ventures, the lack of experience in the field plus other factors means that they will fail to make a success of this venture which may or may not impact loan repayments in the future. I might add that is not just remarks by the general public but also media reports from the online betting industry at the time. Not prepared to take the risk, just my gut instinct but I'm glad that you feel confident. Time will tell; hope I'm wrong.
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