Dg Innovate Share Chat (DGI)

Pareta innovations. Literally formed a similar time to dgi going into liquidation. Absolutely sickening for the people who lost so much money.

With MB back on board

they came back to life.

if you google pareta.

Hansen was on R4 the other day telling Musk how to run his business-oh the irony

I heard Hansen but might be fake news-whatever, it’s gone and that wretched Telegram group led by Long should hang their heads in shame

Would that be this chappy CT mentioned before ?

I had heard one of them was trying to do a pre pack-if that has failed too, it highlights the amount of capital required to get to full production.I suggested north of £10m-you know who suggested I was an idiot.

A pity as this company and tech had a chance but only in the right hands.

I would repeat all the warning signs but no point.I don’t normally wallow in others’ misfortune but with Long and his disciples,may I indulge in a brief moment of schadenfreude?

Game over for current equity mate

Glass of water for existing equity .

Sorry what do you mean by pre pack

I’m taking bets on a pre pack due to the CLN that Long claimed he was invested in-the good news for all those wanting revenge is he will lose his supposed stake

Does anyone know what is going on with this one

Wrong-it was only open to shareholders DJ.Not sure who said it but will be in the post history.Objectionable to those who chose not to listen to an alternative view.Same as AMTE which was a disaster for many.

I have to step in here because you simply love the sound of your own steam far too much.

I set the Telegram group up and you, yes you, were invited to be there along with everyone else on here. If you didn't take advantage of it that's on you. It wasn't 'secretive' - it was open and public for many months but I took it private as I was getting spam and bots that needed constantly weeding out, not an easy task juggling a real-time, FT day job and other commitments. You've been nothing but objectionable from the word go on here and yet I left the group open for you and anybody else to join for quite some time. So stop making out it was somehow taken offline to spite you because you're not that important.

Not so. He was useless and I understand that they have a perfectly capable financial controller working there. God help anyone who even thinks of hiring him.

I reckon it’s the opposite-I shall be waiting for apologies from Long and his merry band of illiterates.

Of all the things I was called, ‘transactional accountant’ is the most ironic!

Things are getting better. Allardyce has gone. Now perhaps they will hire someone who knows what they are doing.

Looks grim to me-I’m happy to take posts from those who attempted unsuccessfully to discredit me in the face of bile and venom.Instead they chose to set up a secretive talking shop on Telegram-what a joke!

My post of 22 Feb "With an unqualified and useless FD, who cannot raise money, a recently departed Monaco estate agent, and new NEDs who have not contributed to the business in any way. And who knows what the two remaining Magi are up to?" The NEDs going isnt a bad thing. Shame that the useless FD is still around. Maybe he is next for the chop. I'm guessing that the fact that they still have 2 overseas directors (and hence a majority) is to keep them out of Takeover Panel territory whilst they try to cobble funds together.

TBH right now, it’s all you’ve got!

I respect your opinion, but will continue to hold mine.

Let’s just say that the directors are no strangers to putting companies into liquidation. Do your homework.

As stated, I have put my trust in the BOD who I believe will have a funding solution already in place. The fact we don't know about it yet makes little difference. I am not kidding myself this is by any means a 'slam dunk' - it is a long shot, that I bought very cheaply, as a measured risk that I am comfortable with.

And how do you reconcile your statement with the announced fact that they run out of money next week?

London Stock Exchange Notice Cancellation - DG Innovate plc

31/01/2025 8:00am

RNS Regulatory News

RNS Number : 3367V

London Stock Exchange Notice

31 January 2025

NOTICE OF CANCELLATION OF ADMISSION TO TRADING ON THE LONDON STOCK EXCHANGE

31/01/2025 - 08:00

At the request of the company the following securities have been cancelled from admission to trading on London Stock Exchange with effect from the time and date of this notice.

DG INNOVATE PLC

21380058VQBP76M7TN11

ORDINARY SHARES OF 0.01P EACH FULLY PAID

(BYQD505)(GB00BYQD5059)

DG INNO/PAR VTG FPD 0.0001

If you have any queries relating to the above, please contact Market Operations at the London Stock Exchange on 020 7797 4310.

There were 2 buys for £1500 and £2000 respectively just before close last night so someone must think there is still some life left in it!

To be honest, even I’m surprised nothing by way of an RNS.Lets hope it’s not a 4.30pm Friday special

If they dont go ahead,they will have pi%%ed a lot of shareholders off that have been forced to transfer there isa holdings,, so could they be sued?? IF the company comes good all of the profits will now be taxed and the isa allowance has been wasted as once removed it cant be replaced?? unless someone knows any different..

Xviolet they did also say......'but not limited to, making an offer to purchase DGI’s operating subsidiaries and/or assets'

that bit sounds like a cheeky bid to me.

This could be a missed opportuntiy for us, or it could mean that the BOD have something else lined up, pretty sure we will know soon enough.

I have given my details tonight for the telegram group,will be nice to see future progress in our patented products. USE adi.morris64@gmail.com for registering for the telegram group chat.

I arrived here because I was asked to invest about a year ago-and just retained an interest in what was going on and advising extreme caution-a lot of it instinct but also plain old maths.

Anyway, good luck with it.You will know soon enough!

Truth...

I don't short either. But I will next year or the year after once I get around to reading up about it. But I still can't work out why you post if you are not invested or not shorting. Obviously I am not you. All I can do is read a situation from where I am - and from where I am I just don't get it. I don't know why you are here. Anyway its been fun...takecare...

I'm not selling. I don't care. I stick with my punts. Some I win. Some I lose.

I don’t short but I do point out weaknesses

TG still going You sound a bit paternal y'know. Just a touch patriarchal. But that's OK in some contexts. At least I've taken a punt on the share. Win or lose.

Moi...je never short. And I try to be honest -although 'honesty' is not a natural human trait. Most of us are not honest. We might want to be, and we might manage it sometimes. But I don't think we can do it all of the time. So the old pinch of salt - esp as this has stock has been so short-able (acc to some on TG that I know who short). Shorting is not my thing, mainly because I've never had the time to research the whole business of shorting and I find swing trades suit me fine. Some you win, some you lose. For what its worth this does show some promise but the risk...eek!!

Hopefully the motor deal with cummins will come good, the drive system has class leading efficiency and built in redundancy,making it ideal for boats or aeroplanes,where if 1 motor went down it might not be a healthy option at 25k ft,sadly trump has reversed the need for ev vehicles before 2030,europe will have no option at the moment as euro7 engines are going to be expensive as hybrids are a usable option for extended range and e fuels will satisfy the zero/neutral co claims, i guess it depends on what government is in charge and what taxs we end up paying for having a ice engine under the bonnet.hopefully our patents will be enough to see this come good one day. gla lth.

WI,

They are delisting so that they have better funding opportunities, so not likely to do while still listed as what would be the point . The gamble/risk is in the next few weeks, but be brilliant if they tell us on Monday that they have secured the investment they wanted. Exciting times ahead and I am happy to hold unlisted as I think there is huge potential

I’m 50/50 it’s admin coming but under any scenario the current equity is effectively torched.As I have said, best option is for the TG group to push for inclusion in a placing as that will also qualify for EIS with a bit of luck.

Have a look at RUA as an alternative-looks very cheap.Also Kromek who appear to have finally made a breakthrough in sales

Well TruthFactory, there hasn’t been a buying surge as I’d hoped and predicted and I’ve sold out and taken a hit - you were right to tell me to be careful - don’t have the stomach to hold unlisted shares. I’ll be truly p*ssed if they issue an RNS this pm stating they’ve got the funding.

I’m sure the TG group will have it all in hand,especially Long and his monkey whose name escapes me

They are in perpetual discussions mate-that’s the problem.Delisting will help as it opens up the tax market as I have stated before.Two way bet-fundraise or admin.Take your pick

From RNS on Wed 15 Jan

Quote

The Company remains in discussion with potential investors and will make further announcements in due course, as appropriate

Note - they chose to use the word “will” rather than “may”.

So how late in the day are they going to choose to make another announcment i wonder

Blue .

and not even had the short squeeze yet.

Just realistic Moomins-I know the sector very well and the margins aren’t amazing.The Indian thing is the future under a licence Agreement in my view.Thats also where the biggest market is

Buys today are now 41 million against 1 million sold and still the MMs won't move the SP. The sooner DGI are out of here the better. Roll on Friday 😊

Very narrow minded of you TF. The term giga factory no longer relates solely to the production of battery cells. The Pareta® electric drive will form part of a ev component vertical integration. It's the future of ev manufacture

That’s got nothing to do with billion pound giga factories

Yep, the Pareta® electric drive will change the whole ev eco system. Starting in India with EVage where the first orders are in, then Cummins, then MoD, then marine, and then ............... 100% 😊

Lots of good buys coming in even with the well published news of delisting, you are clearly not alone in thinking this could be a good punt Wakeyinvestor.

All I’m saying is be careful.I saw the same with a company called Parsley Box-another Cavendish winner.I knew the CEO-total charlatan and I warned all at the time it was a dog.

This company should never have listed-with benefit of hindsight.Its a prospect in reality but it needs a lot of investment, maybe £15m to get it through to cash generation.Good luck though-sometimes punts come off

Thank you TruthFactory, that’s sounds advice. It is a punt for sure but with an average of 0.022p if I go down all other existing shareholders go down with me; but this scenario would go against the company’s stated objective that they are committed to building value for all shareholders. The January 2025 70%+ drop in the SP is a consequence of announcing the intention to delist. Mmm, we will see.

Wakey-given you have no idea whether the company will be able to raise the money or at what price, your ‘wouldn’t surprise me’ chat really is poor-this against another drop in the SP today.

You are effectively taking one big punt into a private equity deal as a minority shareholder.The new money will dictate the terms and management will fill their boots with free equity alongside-where does that leave the small shareholder?

The SP has crashed for several reasons-no money, a big lump of capital required with breakeven at least 2 years away,and a largely discredited management team who have overseen a calamitous collapse in market value.

Be careful

You are welcome to email me.

Seem to recall a 250m buy here @ 2p a few days ago and some how the MMs manage to absorb this without movement to sp. Not quite a TR1 on it’s owns but someone interested nonetheless less

Whatever it’s going to delist and that is a no no for me with an exuberant board of directors with big salaries

REDX delisted and went private for similar reasons on lack of adequate Uk investment and ridiculous broker costs to stay listed on LSE and there were directors buys and TR1s buys announced in the days and weeks up to delisting. I think they had plans to relist on US.

So far DNB fund and Cantor Fitzgerald Europe who are qualified TR1s both have well over 500m shares each here and have seemingly done nothing.

REDX btw multibagged last few sessions

Difficult to explain....we could try

sometimes its shorts closing. not my field but i've seen odd and sometimes exponential rises before (set a few sell limits).

the 500K raise from a while ago. some were expecting a TR1. Can they hold that back until they have delisted? No one knows whose name is on that TR1 (assuming enough stock was taken to justify it).

Not me-I’ve been shooting again today.

Difficult to explain the rise given it’s going illiquid in the next week or so unless they are putting the tech up for sale in the absence of funding.Its got to be worth more than the market cap and CLN combined

MMS are having a laugh today with a 40% spread, that will stop any day traders lol

P80 motor on test for 2 months then new version near production to be rolled out for more testing, ready for production, sounds promising for 2025.

Delighted to see the back of the Monaco Estate Agent but very surprised to see one of the Tesla Trio (arguably the most important) leaving. Seems a rushed announcement. Are they feeling vulnerable I wonder.........

Will we see a nice blue day today.

It’s fine-I do actually want you all to claw it back hence my view on getting in on the next round

Its quite concerning that tf continually gets ridiculed on this board but, as people keep pointing out he holds no shares which may or may not be true but, if so, he is the only one not sitting on a large loss or about to have his loss locked up for a considerable time. Food for thought id say. Probably best to leave him be until we actually have something to say I told you so. Unfortunately though, that day looks some time off

Too early in my opinion-think the company has a good chance with right backing, hence my view in the Telegram group insisting they get the opportunity to follow on

I agree up to a point TF. The delist price will prove a starting point in discussions on a pre money valuation. However, were I evage/ Cummins/ another this would be an opportune moment to bid before control is handed over to a PE house.

Hi Punter

The SP will be irrelevant in two weeks-it’s then down to a good old discussion about value pre and post money, with management getting their fair share to create value-at least 25pc for negligible cost.

It will be difficult for the company to raise money from existing investors without a Prospectus-FCA rules.

Whether they raise money or not will be down to the VCT tax market appetite-plain old equity won’t invest unless it’s EIS and I think we both know it takes time to raise cash which is running out.

The Telegram group should be pushing the company to confirm they will find a way to allow them to co invest

I would say laser focussed on facts Lion

Good luck though-remember ‘we see what we want to see’

Made me laugh that this transactional accountant is still talking to himsel, shouldnt you be focussed on year end? By the way TF and for your information, i called you the transactional accountant, not stay long. I still think the same, probably more than ever now. Ive not seen someone so tunnel visioned with such narcissistic traits as you in a while. Anyway, have a great life TF, wishing you all the best.

This is my last post on DGI. I hope the genuine investors have transitioned to the TG chat.

People, never trust a skinny cook. Also, never trust a transactional accountant.

Over and outt =).

Bolly-read what you have just said again.Its hilarious

‘In a better position’?

Last time I looked, the company stated it had enough cash to run to February.What does that do to current equity?

As for you Scratch, £50k is about a week’s cashflow-just putting a bit of perspective on it.

You may laugh but given the stock has collapsed in value, maybe you should have listened to the ‘transactional accountant’ with apparently no business experience.

Here’s an accountancy question for you.A person blindly loses 90pc of his value in DGI in 12 months,whereas the person with no shares but points out the risks loses no value in 12 months.

Which person got the right answer?

Totally agree bigbollinger, but please listen to TF, he is now saying that £50k is nothing, considering this melt hasn’t even put in 50p is absolutely priceless. You really are revealing what a total cretin you are.

Not to worry TF, you’re probably used to talking to yourself as nobody wants to hear you droning on about a share you have no investment in.

Bye bye, enjoy your own posts!

Unsure if your aware TF but most investors have now moved over to the telegram group. Its quite sad that not only are you spending your time posting to yourself on here, you have now lost any respect from others and in fact some are just laughing and ridiculing you. What you don't understand is that the company is now in a much better position by moving away from the likes of LSE and the sespit of mm's and trolls like you that feed upon it.

I really think it would be best for your mental health to move on now.

Just a thought..

I would buy the cash call as well. Except I don't have a broker or any £. But if I did have some money and a broker I still might not be able to take part in a fundraise as Cummins or Elon or someone mega fxxxing juicy may well be readying to take over half the company in one sweet move. OK that is guesswork But it will do for 3.30pm on a winter Monday. Now...the kettle beckons....

Thought this might be useful - from Interactive Investor

'Regarding your query about DGI PLC's delisting and the possibility of trading shares through a 'matching' platform, we can facilitate these types of orders with Asset Match. This service allows for the trading of shares post-delisting through a matched bargain process. Should DGI PLC appoint a platform like Asset Match, you would be able to trade your shares through this mechanism. To proceed with such a trade, you would need to contact us directly by phone. Please be aware that orders placed through this method are subject to our phone dealing charge of £49.

No one is interested in your bs TF, pi’s have 30% of the company, you are a pathetic troll with ZERO investment here… do one and good bye !

You do know the company voluntarily reversed into a shell PLC-there was no water boarding involved.Likewise it took in the CLN money as a voluntary act.

Standard List companies don’t qualify for VCT investment, the logical source of funding for businesses like this.Big error

...but not as much of a joke as it would have been if it hadn't cut loose from the crippling constraints of the London stock exchange, now more commonly known as the laughing stock exchange , thereby giving itself the chance to spread it's wings and succeed - which I believe it will.

The real question/gamble is to what extent will current shareholders be able to share in that success.

'The directors remain absolutely committed to delivering value for all DGI's shareholders , with whom the board are substantially aligned,"

G L A 🍀

This Company has Become a Joke !

Can do without your opinion dave as you say you sold out on 6th so go away

If that £50K buy sticks.

These pre-delisting shares do tend to fill the gap

I'm hoping for trades to take this to at least double where we are - maybe even treble

Strange little trades

for all our talk there are still a few chances that this may turn.

strange trades...just part of the unknown-ness here.

Hi Andy,

I have checked and don't appear to have received your emails I'm afraid. You could try from a different email address if you have one.

I have emailed twice with no reply