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Good morning Sellon, thanks very much you are so kind. Yes that's what friends are for to support each other in good and bad times. Enjoy your coffee in the time and have a good day. I am hoping for good weather, good results and having fun at the same, yeah an greedy I want it all :-) Take care in the lakes and catch up soon (smiley) x
Good morning (smiley) So pleased that you enjoyed your evening out and having good company is a bonus. Better still that you are out tonight with friends with whom you are able to share the good, bad, and indifferent while boosting your mutual confidence, it's very special (HUG). Looks like the weather will be good for your daughter's competitions - hope she fully enjoys it regardless of her results - good luck to her. Off into town for my morning coffee... chat later (smiley) Relax! lol xox . ..
(Echo) At this price will look very cheap in a few months time. I bought a few more MYSQ on the dip today with a view that it will bounce back next week?
Lol, it was a lovely evening and good company and yes I did pig out but I shouldn't really as I need to watch my weight. Lol :-) It's all or nothing with me, am busy at the mo as my friends and I are going through a few stuff so we are just bouncing off each other and encouraging other at the same time drowning our sorrows. :-(. I don't think the SP is too high to be honest, it's at the right price in preparation for the news. My son doesn't live with anymore, he lives with his girlfriend lol and my daughter has got athletics competition tomorrow.. So it's all systems go for me this weekend, hopefully can relax on Sunday. Enjoy your time in the lakes and catch up soon x
I could have done many things today but buying ECHO was definitely not one of them lol - still believe the price is far too high! Mmmmm, music, alcohol, and hot pork sandwiches... yummy - go for it, pig-out noi less (smiley). Skyy tomorrow too, what a social whirl some enjoy. Please try at least one as a shot - nothing added, a "Black Russian" is an enjoyable cocktail, or "Sea Breeze", perhaps? Quiet long weekend in the Lakes, have the boys again next weekend (SMILEY), dropped them off on Wednesday evening, after half of half term...bit longer actually (6 days). Are your two up to much this weekend? Later xox . .
Yes a very bad week, thank goodness it's over and done with. I believe next week will be good for both MYSQ and Echo. Well am hoping so. Echo was at a good buy in price today you could have bought some? Am at a Hog Roast do later, lol never been to one before so it will be an experience - I hope the weather hold up for it and tomorrow night am out with couple of friends so I will definitely try that Skyy vodka lol :-). I suppose I will need to mix it with something? You up to much this weekend with or without the boys?:-))
Good afternoon, nennyb It's been a contrariwise week to say the least hahaha let's see what the rest of June brings us (smiley) Have you got anything planned for the weekend? . .
Sellonnews, hope you are well?:-) It hasn't been a good week so far for both Echo and MYSQ both have been in the Red all week, just like my bank balance lol. Let's hope next week will be better eh?
I agree both buggers aren't they! Lol saying that I don't go to the bookies but buying aim shares is quite similar to the bookies lol Both Echo and MYSQ are down today, MMs making money there ny creating volatility! Not a hood day all round :-( (no smiley)
Beats a shot in the dark, never know what one is going to hit, or miss hahaha Bookies and MMs make money, playing on fear and greed of the odds/share price (smiley) . .
Gamble in the light? Hmmm is that possible? If that was the way the bookies and MMs wouldn't make any money. Lol
Absolutely, but I prefer to gamble in the light lol Have an easy day. Later and GL xox . .
Is all a gamble, we win some and lose some. Take care and catch up soon
Sellonnews and thanks for explaining the Greenberry transactions, I understand it fully now I agree with what you said about getting information about MYSQ, this is because of the type of business it is and it's easier to get that information from Facebook etc However Echo is a completely different type of company /business so we have to wait for RNS to be released to know what's happening unless we go over to south America and do some investigation. A bit of speculation going on I agree but some of it is based on what's on the company's in regards to roughly when the news will be released. Personally I believe both companies will do well in the future. Good luck x:-)
A Company RNS can provide information, but to rely solely on that fails to incorporate details that the Company has yet to announce, eg looking at: https://www.facebook.com/MyheroBoLattae/?hc_ref=PAGES_TIMELINE gives an indication of how the Beta version is being received in Myanmar, for which there could be an RNS in the future. This type of independent research can assist with investment decisions well before a Company update. ECHO are due to provide multiple updates, but at the moment it is all speculative guesswork as to the where, why, and how - at the moment the only definite is the cash raised, the cost, and a statement about seeking potential investment targets. MYSQ was an informed gamble for me some two years ago but without further information, ECHO is a gamble - that's not to say it won't succeed. (smiley) . . GL xox
"The bond will carry an 8% coupon, a 10% fee and will be issued at 80% of par" So, every year ECHO will pay 8% interest to Greenberry (€160,000), usually every 6 months (€80,000). They have already paid a 10% fee to Greenberry (€2,000,000) and it was issued at 80% of par ie €16,000,000. If the value of the bond decreases, similar to the price of oil or gold, the actual percentage return effectively increases as the €160,000 is paid by ECHO regardless, For example, if the valuation of the bond falls to €10,000,000 ECHO still pay €160,000 which equates to a 16% interest rate. It is these flutuations which makes bonds tradable. Luxembourg is the market of choice for dealing. . .
Thanks I have read it and I think I kinda get it. There nothing to say though when these notes will come onto the market? What Luxembourg Stock Exchange got to do with anything? Lol (big smiley) you going to say I am having a funny moment as per my question? :-)
Hi nennyb Have a read (smiley) " Pursuant to the bond there will be warrants over 100% of the number of shares purchasable by €15 million at the Issue Price, exercisable for five years at 150% of the Issue Price" and, "Further to the announcement on 18 April 2017 the Company announces that it has today entered into an enlarged institutional loan on the terms previously announced. Greenberry plc ("Greenberry") has agreed to subscribe for a total of up to €20,000,000 principal secured loan notes (the "Loan Notes") consisting of Loan Notes having an aggregate principal amount of €15,000,000 (the "Subscribed Notes") and the right to purchase (up to 9 June 2017) from the Company additional Loan Notes in an aggregate principal amount not exceeding €5,000,000 ("Purchase Notice") on identical terms to the Subscribed Notes. Following completion of the documentation and approval of a prospectus by the Luxembourg Stock Exchange, it is anticipated that the Greenberry Loan Notes will be admitted to the Official List of the Luxembourg Stock Exchange and traded on the Luxembourg Stock Exchange Euro MTF Market" So, Greenberry get another tranche of warrants based on €5,000,000 divided by the previous Issue Price. The TR-1 will stipulate exactly how many - tens of millions imo. , ,
I believe MYSQ will settle at this level until there is more interesting news about game and other products.
The second message about the retention fees.
Sellon, how do you mean 1 years ownership? You mean when I buy it I can't keep it for life? Did follow what you said about Greenberry? How do you mean taking 5 mill without consider the 100 mill? Hopefully the cheap share come in the market when the SP is much higher!
12 months ownership should be 12 months retention fee. Once on a car there's nothing else to pay until you transfer it onto another car. xox. .
Never leave it too long as I've seen them bought while looking at them! The price includes the first transfer fee and twelve months ownership. MYSQ was interesting finishing flat, but there seems to be growing interest in the game. One has to wonder how many saw Greenberry taking the 5million option without stopping to consider the 100 million? new warrants that go along with that, nor the similar number of deeply discounted shares granted. There's going to be a lot of cheap shares coming onto the market at some point, which can only be dilutive imo. Time will tell. . .
Blimey, you can't back with loads? Yes am spoil for choice :-). It's got to be hmm not sure really but am leaning to X77 ADJ. MYSQ didn't do too well today, oh well there is always tomorrow..
Hi again. N77 ADJ 250 V77 ADJ 399 Y77 ADJ 499 X77 ADJ 399 W77 DAJ 399 Y77 DAJ 399 Decisions, decisions lol . . xox