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.
So, we own 5.5% of new MSYS...Much much worse than expected.
Mkt cap around 2mln at open tomorrow, so 1.5p per share if we are lucky, 2p if someone pushes.
I'm not happy either LT. Especially when our shares were consolidated down and the new shares according to the rns is more than I worked them out to be. 6.36b consolidated by 6.25 should of been around 101mil. Not sure about my maths there. Correct me if I'm wrong.
They have alot of serious hard work to fix their reputation imo and I hope new business comes through for the Modern Water and microsaic equipment to raise the sp again. At least having acquired Modern Water, it should avoid future result issues (stills no results yet)
On the plus side, MSYS has now - hopefully - sufficient cash, lower opex and a bigger business.
We will see how things play out in the next few weeks.
I thought the lot had gone, so I’ll take the 94.5% dilution. It’s by no means right but better than nowt!
So my "wild guess" of the directors diluting investors by 90 plus percent was not far wrong, after all its what they do over at Deepverge, and companies before this one!!! surprise surprise and yet here we are on the forums somehow trying to say its not too bad now!! WOW!
And we are also suggesting they can fix their reputation! I cannot wait to see what trick they have up their sleeves for that. For those old enough, in the movie Pretty Woman Julia Roberts to be fair turns around her reputation but that was Hollywood! Ill have another wild guess that "certain directors" and "existing investors" will be taking a nice chunk of this rodent infestation of a company with their Deepverge assets they got for nothing, albeit the uninspired and boring quote from Bob Moore has me feeling nostalgic about the good old days of the pure lies and clinical deception from Gerard Brandon and Nigel Burton when they were being quoted, so much more exciting when its thick and deep b^llsh%t. We might miss that PR going forward. PR is the word right, lets wait for Turner Pope to do their "PR".
In 1894 in the third plague pandemic, instances of the plague that first appeared in 1855 (long time before), had made its way across China to Hong Kong. The disease spread mostly along trade routes and the bacteria was officially identified scientifically (it is a science company after all!). Four years later, the brown rat was discovered to be the primary host of this deadly disease, but fleas were yet again the vector. I'd take a leveraged short on this when it opens for trading!
These people are dirty scum, especially that ba5tard Brandon, I can only hope all their brake pads are unknowingly
94.5% diluted too!!🖕🏼
Currently 96% diluted. Absolutely disgusting. I hope for the existing shareholders as myself on this chat, that they do go back up again. For the folks that don't have stock and still on the chat. What can I say, but have some thought for us that are in this position and hope for us all this goes well
People really were not joking when they said Microsaic was Deepverge and Deepverge was Microsaic and not just in shared directors!!! Literally Microsaic was not even a functioning business without the deck of cards that was Deepverge (RIP) Quote:
"· Total revenues increased 73% on the previous year to £1.57m (2021: £0.91m) of which DeepVerge comprised £1.29m (2021: £0.39m);"
What a complete embarrassment is AIM.
@sol001 what on earth were you expecting Nigel and Gerry and the gaggle to actually leave you? I am amazed its not 99.99% dilution frankly.
In your appeal to those on the chat, investors and exiters and bystanders you forgot one angle that mature level headed people do actually think about and that is you should also appeal to those investing now, and bizarrely still looking at this joke of a company as an investment, not to con more new money into this f&king infested barrel of maggots. Obviously Turner Pope have zero conscience but I assume 99.99% still do.
So my appeal is anyone new looking at this and who has avoided the last 2 years of lies and BS do not touch this. Do your research very very slowly and carefully and every single RNS you find, print it off and burn it as its complete utter BS. What is clear now is MIcrosaic was just a holding company used to exit money from Deepverge.
Not here but noticed the friendly neighbourhood Plumbers name came up again , to be expected via the DVRG extortion .
I'm just going to avoid this chat and the trolls here. It's pointless and I'm not here to argue with idiots that don't even have shares in microsaic. See ya! And good luck to the genuine people like LT, snowboots ;-)
The irony @sol100 ! ramper calls fellow investor who was bitten by gangsters an idiot for calling out said gangsters and warning others to avoid the same faith, while he/she continues to invest being down 96/97% and thinks he/she will one day have a wee profit from said gangsters! Some people like to get a&s f^&ked what can I say.
For the genuine people hopefully in time and it takes time for sure these conmen are removed from business like Declan Service was or your shorts come to fruition. God speed and do your own research extremely carefully.