We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Or she...apologies.
Also, if this single client were actually investing in Hemo, at £12m lent and £14m mcap, he might as well have bought it?
The prospectus doesn't say a single investor, it says a single client. It also says Mint not the client will make all the decisions.
"The funds for the Facility are being
provided by a single client of Mint Capital, with the account being managed by Mint Capital on a discretionary
basis with Mint Capital being solely responsible for managing the investment. Mint Capital has confirmed to
the Company that no one other than Mint Capital and the beneficial owners of Mint Capital would have a
notifiable interest under Chapter 5 of the Disclosure Guidance and Transparency Rules in respect of the
Ordinary Shares issued on conversion of the Convertible Loan Notes. Mint Capital, not their client, will make
all decisions relating to conversions of the Convertible Loan Notes, the sale of any Ordinary Shares issued
following conversion of the Convertible Loan Notes and the exercise of voting rights in respect of such Ordinary
Shares.
Issue of the Conv
So if Vlad believed in Mint but now we are to believe that Mint have somehow duped Hemo and are a dodgy entity, it would have been good for Hemo to have put some protection in place with regard to the agreement. Believing in and trusting are not usually legally binding business terms.
This?
There are matters set out within this Announcement that are forward-looking statements. Such statements are only predictions, and actual events or results may differ materially. For a discussion of important factors which could cause actual results to differ from forward-looking statements, refer to the Company's Annual Report and Accounts for the period ended 31 December 2019. The Company does not undertake any obligation to update publicly, or revise, forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required. You should not place undue reliance on forward-looking statements, which speak only as of the date of this Announcement. No statement in this Announcement is or is intended to be a pro?t forecast or pro?t estimate or to imply that the earnings of the Company for the current or future ?nancial periods will necessarily match or exceed the historical or published earnings of the Company. The price of Ordinary Shares and the income from them may go down as well as up and investors may not get back the full amount invested on disposal of the Ordinary Shares.
It is not expected that any Convertible Loan Notes will be admitted to trading on any stock exchange. This Announcement is not an offering document, prospectus, prospectus equivalent document.
It states single investor in the prospectus, if you check the rns from December it states mint do not intend to trade the clns and if you attended the GM back when the vote was passed vlad spoke directly about Mint and said that they believed in mint and were big supporters of what he was trying to do. That meeting was open to all investors.
Oh how I wish I had sold;was awaiting the Covid update(for which Vlad raised £2.5 million
I'm still waiting for whatever it was that Lunus got excited about before he was banned/removed.
JHFH, where did Mint say that? It's not in the prospectus? Or was that special information only available to a select few, which then turned out to be utter rubbish anyway?
Mint said they were just representing a long term investor and were not going to sell, they lied.
You said multiple times that you were going to sell and didn't, you lied.
Go check your posts.
Wonderful posts from JFH;Hope some remember his previous posts:that some posters took a lot of "a use "from the "Informed "Mint will not sell for a miserly 10%profit;Mint will not convert st such a low SP;I predict the SP @£1.80;Shall I continue?
Exactly Ex
Nah not really. Before Mint was announced I was expecting major dilution at some point.
Not much has changed except the share price in my opinion and I'll continue to hold .
This is shocking a fast 70% plus fall from a position where a 70% gain was expected if it falls more and it might it is going to take one heck of. RNS to move it back up a really major one I don’t expect it even with the other bits they have in the pipe .... if it’s not closed down anyone thought of that possibility ...we tried ... we failed ....... V needs to answer what’s going on
What is convert price next? They got 8 millions to go.
Hit a nerve lol
Needs action now from vlad rns’s with info we already know isn’t good enough, let’s hope he pulls a rabbit out of hat
Should of let them convert whole 12mill in one go and it wouldn’t of dropped this much , 20 million knocked off cap for 12mill that they haven’t even spent yet , what a shambles
B1ll
Its pointless conversing with CJ Sterling. I'm afraid he is a low life troll who should have better things to do than hang around on this board - but alas not. Most just ignore him now.
JHFH I trust you've offered your services to Vlad ?
It's not £7.1m. It's £8.1m now.
From the final results:
To date, Mint has converted loan notes with principal value of £2,500,000 into shares, leaving convertible loan notes to a value of £9,500,000 outstanding. A conversion notice for a further £900,000 in principal value of loan notes was received from Mint on 23 April 2021 and the corresponding shares will be allotted on or around 4 May 2021, after publication of this report, leaving convertible loan notes to a value of £8,600,000 outstanding.
Hemo would have to pay back 114-120% of £8.1 if they cancel it.
C.J, the CLN situation has been really bad for all invested and Hemo as a company.
Is your life so sad that you have to continually troll this board and create hashtags and mock the unfortunate?.
Seriously, what is your purpose here?.
The samaritans are there to talk to if you need them.
Expect the finance director wishes he had held off from his purchase!
Maybe if CLN’s are cancelled, Vlad would like to work 3-4 years without a salary to cover the cost, otherwise it’s the shareholders paying #lifestyle
A huge cost to the business to cancel the CLN’s. Whose gonna pay for that?!