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Started: TrickyEFC, 19 Jun 2024 10:57
Last post: Trytrytryagain, 21 Jun 2024 19:44
Simple, the truth is he doesn't and he's buying in big amounts. It's the only logical explanation.
If you hate him that much Compo why not man up and make your feelings known on Linkedin - rather than hiding here
Dont we also also hold a 10% stake in mnrg of something? That is taking off today and now has higher market cap than Eqtec. Next week could be big news on Logik and maybe something else as there is a lot on the go and not just DP collecting his wage packet lol :)
more utter *******s, when will this pos start paying it's way, instead of fleecing loyal shareholders ?
Https://www.linkedin.com/posts/jeffrey-vander-linden_environment-patented-proprietary-activity-7209847260640120832-rgxJ?utm_source=share&utm_medium=member_ios
This week, our EQTEC Italia MDC in Italy's beautiful Val d'Orcia was visited by shareholders trying to find where the EQT directors have buried £55m of their cash, all they found was two washers and a polished turd !
Started: JJJJJ, 20 Jun 2024 15:10
Last post: pander12, 20 Jun 2024 15:37
Sounds like cloud cuckoo land, or Boris 'sunny uplands' ....
Posted by Phoenix Energy 2 days ago.
“ Beautiful day today up at North Fork Community Power . Everyone is hard at work . The sky is blue, spirits are high. SO. CLOSE.”
Last post: Simms45, 17 Jun 2024 23:57
Realistically Eqtec should be at a bare minimum of £25 market cap subject to IDEX cash appearing, that is technically contracted to do so, and update on our 25% stake in Northfork. Of course it might take some time as the 99.8% fall from £250m took a full 3 years to perfect. I would hope we could see £25m within the year and that £250m sometime in 2026. That would be around 100x from today but if the future numbers actually deliver and DP can be kept from relapsing towards quick highs of crack venture debt funding we stand a chance. I am wondering how much of they £850k at 1.4p we might come up against but i sense pis will pile in once real cash starts to pile up into Eqtec later this year.
If you want to make more profit that you can in a savings account invest in eqtec. I would be very certain year end you would make in excess of 10% return, 1.6p minimum year end
I missed the 3rd o in the filter box. Wondered why I could still see the post. All flushed now though.
Started: Trytrytryagain, 17 Jun 2024 10:02
Last post: Trytrytryagain, 17 Jun 2024 10:02
It's now emphatically clear that the company is financially stable and has huge numbers of projects.
No more dilution, no more warrants.
We will overtake our closest publicly trading competitor in market cap by the end of the year.
Started: Beginnersluck1, 14 Jun 2024 12:43
Last post: Troajan, 17 Jun 2024 09:46
Full ask paid there.
Someone's putting a fair bit in this avo
Anyone on here buying at this price. I'm very tempted even though I'm 99% down on my original investment.
Started: Foxyjoe, 9 May 2024 16:06
Last post: Foxyjoe, 14 Jun 2024 11:51
Palumbos had Approximately £2m in wages + baksheesh from Altair and £55m from shareholders,
Yet he has destroyed the shareprice by 99.6% since the days of his boastful tweets .
Classic case off naked when the tide goes out.
He's a disgusting human being, without an ounce of remorse, going by the relentless destruction of the share price.
1.17p down 93% last 12 months
What a chancer Palumbo is accepting his €6K every Friday with the damage hes doing.
If only he would take one off those" better paid job offers elsewhere"
1.05 to sell
Top notch Palumbo
1.06 to sell.
Palumbo keeps delivering
Started: Computer909, 11 Jun 2024 14:19
Last post: Trytrytryagain, 14 Jun 2024 10:01
Are you still working out how to divide by 100, FJ? I can help if you want.
Another fantastic week for Palumbo, the BOD and their loanshark death spiral " strategic investors " with Palumbo & co pivoting away €6k shamed down from €8k the previous 4 years .
Was the week that Palumbo diluted shareholders with yet another 6bn pre consolidations worth of newly printed confetti up from .5 to 3.2 for every person on the planet, soon to have more Authority with another EGM or the AGM.
What a POS this management has turned out any wonder they've gone all coy on calling out dates for the AGM .
vote Palumbo out to stop the death spiral rot.
Simms, this deal is different in every particular to any previous. There are no warrants, no free rides, no interest, none of the previous games. The price has to rise for RF to make a penny this time. Fact. No lender but none will do that unless they are gold clad certain they're going to make a return. This is going up, and fast. Very soon.
Addictions are cruel and very hard to break.
Dumbo Palumbo is addicted to issuing confetti equity as was made clear a couple of fridays ago when he was desperate for a fix, and his broker or should we say dealer, John Gunn gave him exactly what he wanted in return for the dubious INSP contract.
Going to take a hell of a long time to wash through Dumbo's dirty washing with the z-listers more than happy to take 5-10% on their deals so any rise will be smothered with that offload
Only one thing to do to help recovery #Vote_Palumbo_Out
Started: tigermunchkin, 12 Jun 2024 16:22
Last post: tigermunchkin, 12 Jun 2024 16:22
Riverfort.
Started: Foxyjoe, 11 Jun 2024 14:09
Last post: Simms45, 11 Jun 2024 14:17
That probably equatee to 35m more shares heading for the exit on the 14th June ahead of the 25m on the 30th June. have to see how the MMs play this.
4.5bn pre consolidation when Palumbo was planted.
26bn pre consolidation equivalent with that RNS.
Dave the Diluter strikes again.
He should be behind bars
Nobody is interested in investing in this nonsense. All they have been doing for the past few years is wasting shareholders' money.
Palumbo is creating a significant impact by dismantling this company. It is on the verge of bankruptcy. :)
Nah, just investing profits from sales of NVIDIA, ARM holdings and will do the same later from SOUND.
Could be a few months to see 1.7 to sell if the overhang is going to be sold. Something nobody here is sure of.
Normally the news of progress and accounts followed by share issues but there is no longer the massive expenditure there used to be for infrastructure.
Possible profit making by first quarter next year though.
Problem here with a lot of the la la Gram group is they have a severe case of Stockholm Syndrome .
Some are down hundreds of thousands and still they praise Palumbo and the BOD for their cunning plan of thrashing EQT down to all time lows and todays market cap of £2m having had £55m to play with.
Any wonder Palumbo just carrys on issuing confetti by the billions pre consolidation when the deluded still worship his mismanagement no matter how much he gives it up the Gary to shareholders.
Palumbo needs replacing for this to have a chance to move forward.
Last post: tigermunchkin, 11 Jun 2024 12:12
Mms know the likelihood of large sales next month to clear the overhang thanks to the shares issued.
Anyone with half a brain would do the same and lower the price ready to try and control any incoming.
I see someone else here has Phoenix shares too.
Yeah, progressively dropping the share price
Its surley time the chairman had a word with his ex colleague Diane Abbott about joining the board as the new CFO at EQT .
Given the mess the ex CFO Babar and Palumbo have made on mismanaging the £55m she would be an improvement with her forensic numerical talents no doubt, couldn't do any worse.
What talent Palumbo has in never having got one project up and running continuously at a profit , having had £55m turning EQT into a £2m market cap company, and having the ability to dilute shareholders to oblivion from 4.5bn to 22bn post consolidation since that disastrous day he was planted here by His masters. at Altair 5 years ago.
Lucky for us he hasn't been headhunted yet !
I see you have been a member less than a month under this name anyway.
Maybe you need to do more research.
Looks like you misposted and your post was not ment for here.
Lots of good progress here alright.
Started: Pegasus., 10 Jun 2024 22:16
Last post: Computer909, 11 Jun 2024 11:07
“Like the fact we made 2023 total revenues not long past Q1 this year?”
So two sausage rolls at the staff party this year!!
Looks like brokers and possibly other investors are exiting and depressing the price. How long the shareprice will continue to decline is probably related to the number of shares being dumped. We will not find out until after 30th June what other investors will do as the lockin will be over and possibly another 25% of company shares might be dumped.
Whoooshhh...is it a bird, is it a plane.....
Like the fact we made 2023 total revenues not long past Q1 this year?
Don't worry, Try will swoop in soon to explain the reasons to be positive.
Started: tigermunchkin, 10 Jun 2024 13:41
Last post: Foxyjoe, 10 Jun 2024 16:55
All the BOD seem to be waiting ready as well or in a closed period still.
Palumbo has the equivalent 8 days wages invested here and van der linden 3 days wages at today's prices that Palumbo has steered to.
Some show of confidence in the company they are running !!
"Near term Calender:"
Yet more repetitive whining from C909 and his colleagues.... 🥱
Near term Calender:
Year end accounts by end of June
Logik payments expected by end of June, but who knows if that will ever arrive
GIS placing payment due “on or around 10th June”
Share sales lock-in period terminates end of June
AGM due early July, chance to vote Palumbo out!, and the farcical praise of the BoD by the deluded Chairman
30% of stock sold to z-list bucket shops at 1.4p, admittedly without accompanying warrants but rather 10% fees to flood the market as Palumbo’s mates shed the holding quicker than a wh ore sheds her knickers !
More lies from Vander Linden due anytime
More incompetence from Palumbo due anytime
Another placing if Palumbo gets drunk with his mate John Gunn on the weekend could happen anytime
Tricky old times to establish the bottom to even out.
Looks close and £50,000 ready between us.
Going to be interesting times, just as soon as the two seperate newsflashes come from the lead companies. Not for eqtec to disclose but will no doubt follow up.
Started: TrickyEFC, 6 Jun 2024 11:35
Last post: pander12, 10 Jun 2024 13:25
The smirker is ok, that's for sure..., £6k a week and plenty of juicy 'background deals' to reward the abject failure.
BB, cost of living crisis might make it difficult for some to buy food or pay bills. It doesn’t make it impossible to sort cashflow, complete a project, focus on income or tell the truth.
The whole sector is down. Cost of living crisis is to blame.
Down 92.97% in last 12 months due to Palumbos mismanagement.
Wonder will Palumbo still be blaming the markets and legacies again come the AGM ?
One things for sure it's certainly not Palumbos fault , isnt that right Dave ?
"Has he ever been able to convince a single long-term strategic investor who is here for the long-term? not a single one even as we stand at a market cap so low"
Back in the day before Palumbos mask slipped he did manage to snare 3 institutions janus Henderson, Amaiti and Chevron in a £16m placing .
Those were the days when he could churn out the promotion pump webinars and the stock would rise .
Nobody trusts Palumbo anymore hense the disastrous shareprice.
Started: CHRH, 9 Jun 2024 18:41
Last post: CHRH, 9 Jun 2024 18:41
Last post: tigermunchkin, 7 Jun 2024 16:52
Yet another Friday where Foxyjoe says the same old cr-p week after week after week after week, talk about groundhog day. And then we have C909 with his Dumbo this and Dumbo that, he might have something useful to say, but I can't be bothered to read it because of all the insults, it's just plain pathetic. Just get yourselves a life boys, and go and find something else to do, maybe go and play with your mates in the park now it's summer?
Have found it difficult to find stock available at under 1.3 as others have mentioned on other channels.
It is all about clearing any sensible content away from the board so those looking for solid information struggle to work past the same old thing being repeated and repeated.
So thought worth a repeat repeat repeat too.
Hmm no that's boring.
Yet another Friday where Foxyjoe says the same old cr-p week after week after week after week, talk about groundhog day. And then we have C909 with his Dumbo this and Dumbo that, he might have something useful to say, but I can't be bothered to read it because of all the insults, it's just plain pathetic. Just get yourselves a life boys, and go and find something else to do, maybe go and play with your mates in the park now it's summer?
Another fantastic week chalked up for Palumbo and the BOD and their" strategic investor " loanshark chums , with Palumbo siphoning off €6K this week shamed down from the €8K per week hes had the previous 4 years.
5 years in as CEO and he still hasnt delivered 1 project up and running continuously at a profit as forced to admit in last month's Italian MDC RNS despite their Comical Ali style boast in their headers
"EQTEC plc (AIM: EQT), a global technology innovator powering distributed, decarbonised, new energy infrastructure through its waste-to-value solutions for hydrogen, biofuels, and energy generation"
Only thing Palumbo and chums have proven till now is they are global innovators at porkies and gouging shareholders .
It seems that Palumbo is on his way to making history with his accomplishments. He has excelled in acquiring shareholders and has proven to be incredibly successful :-)
I have never witnessed a CEO as accomplished as him. He never hesitates to steal individual shareholders money and continues to take their money without any shame.
I,ll be voting Palumbo for the chop and any further dilution.
We need to vote this scum out asap !
Anyone know when the meeting is? I want to vote for change cos at the moment this stock is a money drain and waste of my money
Last post: Ghengis63, 31 May 2024 15:15
Let it go .........i think you need help
Started: Computer909, 31 May 2024 14:58
Last post: Computer909, 31 May 2024 14:58
I note that the charlatans at GIS get their fees paid before EQT get our full settlement from last weeks drunken Friday night get together with Dumbo and Mr Gunn!
Started: Computer909, 31 May 2024 08:05
Last post: Computer909, 31 May 2024 10:07
… and Dumbo will likely give them another €800k worth of EQT confetti after the AGM if shareholder give him another free hand to issue equity
Probably find out that the organisation behind the MetalNRG transaction is Pitcole, recovering their 10% for €316k after Palumbo paid €800k, or more accurately EQT shareholders paid €800k, bet Mr Gunn and GIS are rolled into the transaction somewhere also!
“This isn't a reflection of how much the Italia MDC is worth, it's a measure of how convenient it is for MNRG to dispose of their "non core assets"”
There maybe some convenience value in this deal but it is a clear indication of the “Market value” of the asset , a suggestion that MetalNRG would sell themselves short for convenience purposes is grabbing at straws, very Palumbo like !
£316,313 was what was owed by MNRG to the facility agreement, that includes interest (they don't say how much interest was accrued or how much of the original loan was paid off), and the facility agreement have just wiped the debt in exchange for 10.9% of the Italia MDC.
This is a matter of convenience for MNRG, they don't have to find a buyer, it's all done and dusted and now they can move on. This isn't a reflection of how much the Italia MDC is worth, it's a measure of how convenient it is for MNRG to dispose of their "non core assets"
At least these actual figures from MetalNRG will give an auditable route to value of the EQT holding in the Italian MDC so Dumbo and pals can’t bloat the asset value in the upcoming results
If 10.97% is confirmed to be worth €316K, EQT’s now 49% has to be recorded in the region of €1.4M
Looks like the bank refinancing deal was worth about 50% loan to value on the plant, so was valued at around €5.8M in January.
Pitcole was paid way too much by Palumbo for their stake, and they have trashed the shareprice ever since!
Started: Troajan, 28 May 2024 15:40
Last post: Foxyjoe, 31 May 2024 09:15
Another fantastic week for Palumbo the BOD and the loansharks with Dave The Diluter printing another 6.3bn pre consolidation.
Remember when Dave The Diluter was planted by Altair 5 years ago there was just 4.5bn shares in issue now he issues that for £800k thanks to how he has mismanaged the £55m he had from shareholders to grow the company.
What a POS Palumbo has turned EQT into with all shareholders diluted by over 95% apart from the loansharks and their warrants.
"60m will clear in 3-4 good days, probably around the time equipment orders come through for the US projects."
on what do you base this statement, the average volume in the last 30 days was 3.68M (and that included last weeks pump and dump) so we can expect at a minimum 17 days of "average trading" in order to burn through the 63M
Simms, sorry to say your statement is false and misleading.
it isn't 'upwards pressure is being sold into by someone' it's 'new shares are being bought from the broker (SCAP?) and only when the rate is greater than a certain amount will the SP increase (and then decrease if the rate lessens), until those shares are turned over'.
But carry on peddling - and we know you aren't invested, which is fine, but why make things up (that's the 80m lie and now the 'sold into by someone' lie).
I understand where you are coming from but even DP yesterday admitted venture funds selling shares into market and he admitted he did not want it to continue. There is a reason why we are held at 1.4, same as placing price, because upwards pressure is being sold into by someone.
Sells going through so far are all less than £10,
Buys going through most are £400 to £ 800
Started: Bline59, 29 May 2024 08:43
Last post: MyIPA, 31 May 2024 08:38
Simms - I agree with that. It's a reason I have only a limited exposure to here at the moment.
But note that it won't be a share dump either. It would be managed so as not to materially affect the price (an exit) especially as the SP is set to increase due to contracts and further news.
GLA
One big issue is to watch 30th June as Altair and Pitcole and others were blocked from selling their shares until this date. If its anything like before they will start selling probably immediately as they have their free warrants and shares are just a burden. They always need to sell this kind of venture debt to fund the next one ao they keep warrants etc. DP explained he is not going down that route again as Eqtec and shareholders got totally stuffed. Pendulum will turn but these holders are not exactly from past experience holders.
Bline - Seems you are on the same wavelength as the missus - she said the same thing!!
But there's always a bigger picture.
BlueToff.............£30k is not a Punt where I come from mate....................you must have more money than sense to throw £30k at something you have no idea will ever bring you a return.......
Teens is doable if you have patience, 2027 onwards I suggest.
Started: Computer909, 29 May 2024 20:39
Last post: Computer909, 29 May 2024 20:41
..... But no insider trading and market manipulation going on whatsoever !
So the web of Dumbo Palumbo's financial shenanigans knows no bounds.
EQT Place and order for £150K with INSP
GIS are the Broker for and EQT £500K placing to be settled on or around 10th June
INSP news of contract pumps their shareprice by 70% and the do a placing the same evening for £250K shares to be admitted 4th June and managed by GIS
And all hidden in the middle is John Gun Director of GIS and INSP.
Palumbo is as corrupt as they come and the company he keeps ain't much better !!
2£ haha. Sorry. I meant 2 pence😂 if it got to 2 quid a share, I would chuck in 5k at 10 pence a share. Thanks.
£2? Certainly. Probably mid-'25
Will the share price hit 2 again with the current board?