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EPIC BST
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Big Sofa - I am writing this one off

Throughout the year Big Sofa (BST) has been telling us that everything was going well with new hires and client wins. Well that was a fecking lie as the circular issued the other day but not received by this shareholder shows. Do I want to put up more cash or be 90% diluted? You know what? I will take the hit and I now write this off mentally as a zero. I apologise to all who have lost money on this one. If its any consolation my personal hit is in excess of £40,000.  I now value this as a zero and indeed rather look forward to Big Sofa spunking this placing and going bust. 

EPIC BST
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Big Sofa updates we long suffering shareholders

The relatively new CEO at, now delisted, Big Sofa (BST) has updated we long suffering shareholders. Well some of them. Like most of the company's owners I was not sent the newsletter below but someone who was has passed it on. It seems that the last CEO, that bird Kirsty, was all talk just like her predecessor. But Sam Curtis sounds like he is making some progress. Those closer to the action than I am, still talk of a trade sale in 2023 or sooner but I shall believe it when I see it. Sam's views are below.

 

EPIC BST
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Big Sofa April Update

Overall, I suppose, things are going the right way for now delisted Big Sofa (BST) but just a bit more slowly than we might have hpoed. Will we loyal shareholders get a takeover within 18 months? I still hope so. But I am not going to count any chickens just yet. Anyhow as I can't sell my shares I have no choice but to wait. Here is the April update from CEO Kirsty Fuller.

EPIC BST
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Big Sofa is this Light at the end of the tunnel or another express train heading towards my portfolio

I am asked for where we are with Big Sofa (BST). As you may know, it delisted last April saying PLC costs were not worth it. It then raised £1 million at 3p a share in October so how is it doing?  I hope that it is making its way towards profitability and a trade sale. Just as I hope that Cheryl Cole has something special for me for my birthday next week. But in both cases I think it is sensible to plan for the the outcome not being entirely as one might have wished. Anyhow Big Sofa has sent a missive to some of its shareholders, some folks being more equal than others. So for those of you plebs who did not receive an update on trading, here it is.

EPIC BST
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Big Sofa - to leave AIM, is it game over? 3 End Games

There are three scenarios here of which one is that Big Sofa (BST) goes bust and we shareholders lose everything. If that happens I will apologise again for a bad tip as I apologise now for what has happened. I am sorry. If it is any consolation, if this goes to zero I am kissing goodbye to £37,000. But that is not a given...

EPIC BST
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Tip of the year update Big Sofa - corporate action on the Streets of San Francisco

I fear that many readers will be too young and will not remember the Streets of San Francisco with Michael Douglas and Karl Malden. Please look it up on google, it was fabulous. But my reference is not to an era when cops could beat a confession out of a suspect rather than spend their working lives undergoing diversity training, but to one of my tips of the year, Big Sofa (BST).

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