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Https://www.lse.co.uk/rns/HELD/further-re-mezzanine-loan-b6eb6aqy72eb3z9.html
More Smoke and Mirrors, what's that about a 10% Fee and what about added interest on the $450,000 drawn down so far, all very dubious and confusing yet again. Why put a link to the RNS it's already on this site see the RED dot! Share Price is still going down as expected. JMO ADYOR!
10% fee is pretty standard for early termination. Which is exactly what davinder plans to do once the 1m EUR loan lands in June. Better get rid of the RF expensive finance when you have 1m EUR at 3.5% which is dirt cheap
No brainer and good news for holders
Beware! don’t take any notice of David 6576 ! He’s a shameless ramper ! Telling everyone to buy PET , MDZ Sonrel , only for their share prices to crash ! The Twaxt hasn’t got a clue !!!
Yes we all know that these rampers like Investing Genius have been selling all the way down from 30p. The company appears to have been less than clear regarding financials and crop planting etc (to put it mildy). I'm still wondering why the guy was paid off in cash for his convertable loan of £375K last July considering the perilous state of the finances ever since then? Also why did the largest shareholder bail out weeks before issuing a TR1? Did these individuals know something that was share price sensitive that wasn't in the public domain one has to ask? Regarding the repayment of the £375k loan, this is what was said by the company in the RNS dated 6th July 2023..........Davinder Rai, CEO of Hellenic Dynamics, commented:
"Given our concerted effort to preserve capital and build a platform for growth for shareholders, as per our announcement dated 6 June 2023, we have previously made significant savings in the procurement of construction and equipment, thus we are in a position to repay this CLN without any dilution to our shareholders. Further to the Company's previous announcement dated 13 June 2023, the Company has also made an application for two grants both domestically in Greece and at EU level along with entering into advanced discussion with a well-known financial provider to support the acceleration of our contract cultivation PODs by way of a capital financing instrument." ........
Here's another Question. How could the company say they were in a secure financial position without any dilution to our shareholders in July when a few months later in October they had to go cap in hand for another loan 'The Mezzanine Loan' 'with apparently terrible terms and conditions attached and then subsequently the company sought more loans and had to issue new equity to Riverfort at 10% of the IPO price and again another new equity raise at 2p in the past week or so?. That doesn't sound to me like a company with sound financial management looking to protect shareholders interests does it? JMO ADYOR!!!!
https://www.lse.co.uk/rns/HELD/holdings-in-company-uemjcxdpde4vpx0.html
Moniman you are trying very hard lol. VERY hard to deramp anything even slightly positive.
Interesting... There was a 3 day window where you suddenly went into ramp mode. But you sold i guess and then reverted back to deramping
You must spend every hour of every day on here. Quite depressing and funny at the same time
Ultimately what we say on these boards have very little affect. The news and price will do the talking in the weeks and months ahead
Best to ignore him. Impossible to have a sensible discussion with that moron. 24/7 trolling. Its embarrassing
" The news and price will do the talking in the weeks and months ahead..."
As it has up to now.
But you've consistently misread/ misunderstood the news.
Can you really not see that YOUR talking hasn't been helpful?
' A period of silence for reflection would be welcome'
AFAICS
GLA
Let's get real. This is a small punt for me from recent lows. The reason I'm being very very negative is just because in my humble opinion, investors have been potentially mislead to some degree by the statements coming from the company in regards to its finances for more than a year amongst other things. This isn't a real problem for me, but some PI's may not have the funds to lose when they thought the company was making lots of positive statements regards financial position and crop cultivation etc. As per my previous comments, make your own mind up, but to many rampers on here (long since gone) have added to the nonsense coming from the company. This is just my opinion but do your own research and read all of the RNS's especially those regarding the healthy state of the finances and not wanting to dilute existing shareholders etc. JMO Adyor!
Just to add...the Share Price doesn't drop by over 90% in just over a year if the market believes all the positive statements from a company. The SP to a large degree is a reflection the market puts on its confidence in the company and how it is being run by the management team, so make your own minds up. JMO Adyor!