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So because I’m invested I shouldn’t slate this POS
I think when I log in to HL and it says -97% I’ve got every right to slate it
I would not recommend anyone invest here
Who knows where the bottom is how many more Z list give always yet to come
Yeah wouldn’t it be great if they come good but I think it’s highly unlikely and if in 5 years by some miracle they actually earn the outgoings how many more rounds of dilution does that equate to
Best of luck everyone
I think we need to separate the projects and technology and some great people from David Palumbo who appears to be working to his own end and continually converting debt into equity that is then dumped on the stock market so that the next debt to equity is at a lower amount and a higher stake in the company. We actually do not have enough market cap left for any more debt to equity. That is only reason we are £2m and not £20m. Someone needs to email or speak to him to understand why he has not brought costs under control. How he can look his staff in the eyes having robbed them of their equity is beyond me. Its so obvious what he needs to do. If DP ultimately enriches himself at the end of this spiral it will be beyond anyones understanding. He has robbed £50m from private investors while barely investing a penny himself. I guess that was a warning. Could be a 100x from some point or a wipeout if DP turns out to have been a thief all along. Lets hope he has some honour left to his investors and staff and stops the shenanigans.
Simms45
I note your a bit less positive on Palumbo and the BOD here ( bit like myself really)
I have looked these chancers in the eye and thats the galling thing that irates me .
The blatant economical with the truths , the Italian MDC not up and running continuously as off last weeks RNS being an example amongst many others.
OPEX is down in a big way. They've cut Operating to the bone, and will go further if they need to. Salaries are nothing like the numbers which keep being stated. They just are not. FJ's salary claims are either ill-educated guesses or just lies. It's one or the other.
The spiral is about to come to a hard stop, but it needs those here who still know and believe the price can recover to come out and say it and speak out against those who's interest it is to wreck the price. This price crash is making them a fortune and its self fulfilling. Get back to facts and we can bankrupt FJ and C909 inside a week.
I'm on board with this. There's nothing productive about constantly spouting the same negative comments day after day. If you are invested in the share it serves no useful purpose.
If people are fairly critiquing the performance, particularly given the continued downturn in the SP I totally understand the reasons as it aids knowledge and debate.
However, some of the positive progress in recent months is being lost to the constant attacks on the BOD. There is some light at the end of the tunnel, good progress operationally with projects and the Logik settlement will help cash flow.
No concrete grounds to be excited and reassured yet, we're still dropping after all, but I'm hopeful the next few months can bring good news.
Hilarious the dross the crazy 4 come up with to pass the time. Absolutely no dicussion of note - pushing away new investors yet they whine about how much they've lost because they haven't done their research or manage their risk over time. Bet when they get a parking ticket it's not their fault either. lol
Looking for some from of Verde update tomorrow.
GLA
Surely Dumbo must cut Verde loose this evening, the two "strategic" investors have been such a sham its incredible that he stands by and does nothing. Catalyst sold like crazy forcing the SP down to then take out a leveraged spreadbet hoping for a recovery, and as for Verde what a bunch of charlatans they have turned out to be. Obvious Dumbo did little or no due diligence on the investment offers from the pair.
If we as we are led to believe a steady revenue stream is building, and Logik are about to stump up £2M, (lets ignore the desperate £200K last week shall we!) then the obvious thing for EQT to do with Verde is to wave goodbye if they don't deliver now.
Most surely now agree that verde defaulting wouldn't be news of any great surprise
The absolute worst thing the could happen now is for Dumbo to offer Verde better terms on the deal, that truly would be a sign of desperation.
If they don't complete the deal, then it's a win because of no dilution, if they do complete on current terms it probably can be seen as a draw because their investment announcement and threaten dilution has probably caused some of the most recent abandonment but they are now buying it at a considerable premium, the only lose for EQT is as i say better terms for Verde.
Unfortunately we all know that Dumbo will always see to it that shareholders are left holding the shi tty end of the stick!, we all wait in anticipation of his next move!
Which ever the way we think valuation is not justified considering the revenue future pipeline and already supplying equipment and maintenance to many projects plus logik on the way soon.It will be matter of short time before this will fly
Oh look Foxyjoe, 1.3p to sell 1.4p to buy. 8% up
That's fantastic stiarno , you need to fill your boots then rather than the odd few quid.
So instead off this POS being down 94 .3 % the last 12months thanks to Palumbos mismanagement and untruths it's only down 93.53 .
Happy days
Don't you worry Foxyjoe, at £2.5m mcap and at these bargain basement prices, I'm buying. This is a golden opportunity
Thing is are Palumbo and the BOD buying at the bombed out prices they created.
No flies on Barbar the ex CFO , he knew the damage and mess they collectively created and avoided like the plague.
Don't forget Yoel Aleman, the Chief Technical Officer, he has 2 million shares and bought more recently, he seems to have confidence in his own technology.
2 million shares! at these joker levels... And how much did that confident purchase cost ?
Lol, you forget he didn't buy them at these prices.
Hmm , man on €300000+ per year buys a token amount of shares as a sign of confidence/ plate spinning just a couple of weeks prior to more warrants for his mates with debt restructuring and share dilution for the mugs paying his salary.