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Minds + Machines Group – a “pleased” to announce update & share buyback programme, But...

2020-11-11 14:46:04

Internet top-level domains owner and operator Minds + Machines Group (MMX) has updated including “operating cash flow for 2020 is expected to exceed $4.0 million, which would result in available cash at December 31, 2020 of more than $8.0 million” and that it “has approved a share buyback programme… up to a maximum of £2.3 million (approximately $3.0 million)” – and the shares have currently soared higher to 5p...

Minds + Machines Group – investigation finds accounts ‘incorrect’, CEO & CFO “resigned”… on what terms?

2020-10-30 16:20:09

Previously writing on internet top-level domains owner and operator Minds + Machines Group (MMX), earlier this month with the shares at 5.25p I concluded an “investigation will focus principally on a specific contract”, not ‘solely’, and that overall stated revenue for the half-year was $8.4 million and for full-year 2019 $18.9 million. With a market cap of still more than £47 million, and ahead of “further announcements will be made in due course”, avoid / sell. Today “Statement re: Contract, Investigation & Board”...

Minds + Machines (#MMX) – concluded contracts investigation & believes revenue “has been incorrectly recognised”, CEO & CFO “resigned… by mutual agreement”

2020-10-30 07:59:59

Minds + Machines Group – “Statement re: Contract”... & share price fall...

2020-10-09 14:38:41

A “Statement re: Contract” from internet top-level domains owner and operator Minds + Machines Group (MMX) – and the shares currently at 5.25p, 11% lower...

Minds + Machines (#MMX) – “commencing a formal investigation to determine whether certain revenue has been correctly recognized”

2020-10-09 07:55:59

Minds + Machines (#MMX) – current trading to result in maiden dividend being announced with FY results

2020-01-29 07:53:00

Minds + Machines (#MMX) – strategic review “constructive discussions continue to progress”, conclusion in “early May”

2018-04-24 23:51:48

Minds & Machines (#MMX) fires CEO with immediate effect

2016-02-22 01:45:00

Minds + Machines (#MMX) very strong Q4 trading update

2016-02-02 00:46:01

Minds & Machines (#MMX) moves into China and already wining business

2016-01-27 01:27:00

Minds + Machines (#MMX) dumps scandal plagued "fatty" Cornish as Nomad

2015-10-01 23:24:18