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Mediazest – Trading Statement Yesterday Raises One Big Question

AIM-listed Mediazest (MDZ) offered up a trading statement yesterday and I wonder why. There were positive noises, of course, but this was a trading statement apparently covering the second half of the year ending 30 September 2021! Last year it offered up its year-end statement, including the second lockdown, on November 12th 2020. Why has it taken Mediazest an extra month in an environment somewhat less affected by Covid this year?

EPIC MDZ
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Mediazest – Trading Statement…..Why Now? Er…..it's the cash, stupid!

The last time I commented on AIM-listed Mediazest (MDZ) in May, having previously noted a balance sheet calamity, I called for a statement from the company regarding its chairman, Mr Lance O’Neill and his relationship with Claremont Capital Assets Limited (CCAL) as a related party.Needless to say, we’ve heard nothing from the company about that. This morning, however, we have a trading statement. Given that its next reporting period end is September 30th, one has to wonder why….until you consider its car-crash of a balance sheet. I suggest this is all leading up to a bucket shop special.

EPIC MDZ
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BREAKING EXPOSE: Mediazest – Is there a shocking undeclared related party deal in the background?

I last commented on AIM-listed Mediazest back in March when it released its accounts for the extended period to September 2020, noting the balance sheet calamity which surely shows that without a big fundraise it is headed for the corporate knackers’ yard. But the Winnileaks service has served up something very interesting and which leads me to ask whether there an absolutely shocking undeclared related party deal going on.

EPIC MDZ
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Mediazest – Results postponed again as we wait for Godot, but first must come that placing

The long-running saga of AIM-listed Mediazest (MDZ) and its full results continued this morning, with first a promise to release full numbers for the year to September 2021 eventually replaced with a promise to offer up numbers to September 2020 next week. Apart from the comedic cock-up involving Mediazest’s crystal ball, how sure can we be that the promised numbers will indeed be served up in the coming week? Not very, I fancy!

EPIC MDZ
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Mediazest – It’s Beer and Popcorn time

On February 11th AIM-listed Mediazest (MDZ) announced that it expects its results for the 18-month period to 30 September 2020 to be announced by the end of the month. Next week is the end of the month – the question is whether its expectations are to be believed, or whether they are in the same mould as Tom Winnifrith’s expectations with regard to Britain’s favourite chanteuse.

EPIC MDZ
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Mediazest – shares rocket: have the BBMs completely lost it?

AIM-listed Mediazest (MDZ) caught my eye this morning: it is currently top of ADVFN’s gainers leaderboard today with a rise of a very impressive 140%, with a share price of just 0.12p – having been as high as 0.175p. There was news of new business wins due to bring in £350,000 of revenues but as we know, revenues are one thing and cash is quite another. But apart from that, it looks like a forest of Red Flags is upon it: have the Bulletin Board Morons completely lost the plot? TW Note did they ever have it?

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