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TSX Lithium explorer International Lithium Corp prepares to drill at Raleigh Lake
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Polemos Share Chat (PLMO)



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Share Discussion for Polemos


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goodshare
Posts: 4,847
Opinion:No Opinion
Price:0.70
BOD’s
10 Sep '18
#plmo well done Nigel and John for your hard work. I knew you would not let your investors down. Get this completed and roll on #NUOG
 
Heid
Posts: 7,787
Opinion:No Opinion
Price:0.70
RE: I'm No Expert
10 Sep '18
really happy with that....and for me personally a break from oil and gas.
Ant1986
Posts: 3,569
Premium Chat Member
Opinion:No Opinion
Price:0.70
I'm No Expert
10 Sep '18
But that BoD looks very impressive! Chuffed with this!!
goodshare
Posts: 4,847
Opinion:No Opinion
Price:0.70
Interesting
10 Sep '18
Not oil and gas very surprised.
goodshare
Posts: 4,847
Opinion:No Opinion
Price:0.70
Deal
10 Sep '18
Corporate update and proposed acquisition

The Board has considered a number of potential acquisition targets over the last six months and is pleased to announce that it has agreed conditional heads of terms (the "Agreement") to acquire the entire issued share capital of Digitalbox Publishing (Holdings) Ltd ("Digitalbox"), subject to certain conditions and due diligence (the "Proposed Acquisition"). The Proposed Acquisition would constitute a Reverse Takeover pursuant to AIM Rule 14, and the Company's shares will remain suspended pending the publication of the required AIM Admission Document and shareholder approval of the Acquisition.

The Acquisition is subject, inter alia, to the completion of due diligence, documentation, shareholder approval and compliance with all regulatory requirements, including the AIM Rules and Takeover Code. Should the Company not complete the Acquisition or an alternative acquisition pursuant to AIM Rule 14, trading in its Ordinary Shares on AIM will, in accordance with AIM Rule 41, be cancelled six months following today's suspension.

Pursuant to the Agreement, the parties propose that Polemos will acquire Digitalbox for new ordinary shares in the Company. For the purposes of the Agreement, the parties have agreed a valuation of Polemos of 1.1p per ordinary share, subject to a cap of GBP1.1 million on a fully diluted basis, and the existing issued equity of Digitalbox at GBP10 million (before capitalisation of any existing shareholder loans to Digitalbox, currently amounting in aggregate to GBP355,000). Under the Agreement, the parties plan to arrange a placing of new ordinary shares in Polemos, conditional on Admission, to raise approximately GBP3 million.

The Agreement provides the Company with exclusivity in relation to the Proposed Acquisition until 30 November 2018.

Information on Digitalbox

Digitalbox is a 'pure play' digital media business. The business was founded in 2013 by Martin Higginson, the founder of Monstermob Group plc, NetPlayTV plc, and co-founder of Immotion Group plc. The business is the publisher of the UK digital media TV and celebrity online brand, 'Entertainment Daily', which delivers over 8 million monthly visits from 2 million UK unique users. Digitalbox's strategy is to capitalise on disruptive market forces, through acquiring mobile digital community-focussed editorial content, with advertising delivered by Digitalbox's programmatic platform, combined with e-commerce.

Digitalbox's senior team consists of Non-Executive Chairman, Sir Robin Miller, former CEO, and Chairman of Emap plc; CEO, James Carter, co-founder of Factory Media (sold to Forward Internet Group in 2012) and former Publishing Director at Emap plc responsible for FHM; and COO Jim Douglas, former Editorial Director at Future Publishing plc.

The Directors of Polemos believe the transaction would be in the best interests of shareholders and will update shareholders in due cou
meddler
Posts: 680
Opinion:No Opinion
Price:0.70
Exciting Times Ahead
10 Sep '18
Very happy with that.
goodshare
Posts: 4,847
Opinion:No Opinion
Price:0.70
Morning draft
10 Sep '18
Will he get best preforming share of the year again :) He is the masters of RTO’s
draft
Posts: 15,925
Premium Chat Member
Opinion:No Opinion
Price:0.70
willec
10 Sep '18
you really have been quite annoying to be honest. youve constantly been panicking, ENJOY this suspension,
goodshare
Posts: 4,847
Opinion:No Opinion
Price:0.70
Re NB
10 Sep '18
Has he ever let us down. He’s been very quiet as usual. Fingers and toes crossed.
goodshare
Posts: 4,847
Opinion:No Opinion
Price:0.70
Will
10 Sep '18
Sit tight your a loyal LTH temporary is a very juicy word.
willec
Posts: 785
Premium Chat Member
Opinion:No Opinion
Price:0.70
Suspended
10 Sep '18
As of 07:30hrs in 'temporary suspension' - what does he mean by 'temporary'. All locked in deadlin day 10 March 2019. Good Luck how we don't lose everything which has been invested with NB. Only question can he pull it off?
goodshare
Posts: 4,847
Opinion:No Opinion
Price:0.70
RNS
10 Sep '18
Suspension no more cheap shares available.
goodshare
Posts: 4,847
Opinion:No Opinion
Price:0.70
Re tom
9 Sep '18
You don’t post on here normally do you post on Twitter?
goodshare
Posts: 4,847
Opinion:No Opinion
Price:0.70
Re tom
9 Sep '18
It doesn’t matter what it is as long as we get something or we will be locked in for who knows how long. I would rather have oil and gas. If you say no, what do you think he has been working on ?
Adjohn1980
Posts: 139
Opinion:No Opinion
Price:0.70
Tom2468
9 Sep '18
You heard something mate ?
tom2468
Posts: 2,670
Opinion:No Opinion
Price:0.70
RE: Clinched a deal
9 Sep '18
Nothing to do with oil and gas
goodshare
Posts: 4,847
Opinion:No Opinion
Price:0.70
Re Nigels Turnarounds
9 Sep '18
His main field is oil and gas and the industry is very healthy again. He has main big companies that are already involved with him, so I would be very surprised if he moves away from what he has vast knowledge and many connections in. But as you say a tech business would be very nice indeed . Its out of our hands now, either the market wins after shorting it down from the previous highs or he has pulled off one of his triumphs again. I’m hoping it’s the later.
Ant1986
Posts: 3,569
Premium Chat Member
Opinion:No Opinion
Price:0.70
RE: Nigels Turnarounds
8 Sep '18
Interesting mention of education tech, quite specific? It's an interesting area though, there a few in Manchester.
draft
Posts: 15,925
Premium Chat Member
Opinion:No Opinion
Price:0.70
Nigels Turnarounds
8 Sep '18
at MRS and AERO are impressive so i am sure with his huge network now we will get something decent here, i am hoping it is NOT oil or an explorer. Education tech or just some tech would be do me
goodshare
Posts: 4,847
Opinion:No Opinion
Price:0.70
Clinched a deal
8 Sep '18
I’m hoping he has pulled this off as there are not many shares available. Remember no warrants issued at EGM totally clean shell. Where is the market going to get their shares if they forward sell. Nothing to fall back on this will rocket. They will be pleading with NB to borrow his 10% and after all they haven’t played ball with him dropping his investment by more than 50% would you help them ?
goodshare
Posts: 4,847
Opinion:No Opinion
Price:0.70
Clinched a deal
8 Sep '18
My average’s are in the .4’s so bottom draw. Plenty of big boys around the table there as you well know. Let the mm’s have their fun.
goodshare
Posts: 4,847
Opinion:No Opinion
Price:0.70
Clinched a deal
8 Sep '18
Let’s see what he achieve’s here it could well be linked if it’s anything to do with oil and gas.
jester16
Posts: 9,009
Opinion:No Opinion
Price:0.70
RE: Clinched a deal
8 Sep '18
Takes time well you know how long this deal as been going on for. 2 yrs plus
goodshare
Posts: 4,847
Opinion:No Opinion
Price:0.70
Clinched a deal
8 Sep '18
I’m in Nuog as well but that is a more complex deal he is working on. They take time. In the meantime day traders will take it up and down.
jester16
Posts: 9,009
Opinion:No Opinion
Price:0.70
Clinched a deal
8 Sep '18
Try being in Nuog still waiting.




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