Morning Ronnie, Just some more thoughts out of interest not to...

Morning Ronnie,

Just some more thoughts out of interest not to try and sway you or anyone.

I was in GSW & 1PG (very similar) rode the story and was one of the first to warn on both forums early - the problem with those two was both that they rose to simply astonishing valuations of the back of the fact they had “signed” a number of large companies - but what did that actually mean? As it turns out not much at all - I knew something was really amiss with the NA Williams deal, warned and took my money and ran.

BIG is very different in that they have signed a large number of real contracts with FCC and customers (what they actually imply in terms of revenue is another thing entirely of course hence the suspension). I will readily admit that I got sucked into the BIG story simply because I have a large number of stocks I am tracking and didn’t play close enough attention - the shear number of opaque share issuances going on was a clue but I didn’t pay attention - it is an interesting case in point that stock - still remains to be seen what the long term outcome will be as they do appear to have a real business there with potential - I am not that hopeful however as there has been a serious breach of trust there.

I don’t really see similarities with LVT myself though totally open to alternative opinions and of course pointing out of possible anomalies...