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Nobody in their right mind will give RP another penny and he should either bring deal to table now or be removed and let somebody else try.
I did the same on Monday. No response
Just buy a corner shop, gotta be worth more than this
Unfortunately you are the latest in a long line - feel for the people who invested here at 6p PRE consolidation prices! I have emailed the company with largelybthe same questions Ade poses - will post the response if I get one
on this BB....Royoboy keeps me amused with some of his post...if RP goes for a placing I would hate to think what would happen, that would be devastating in my opinion.
Sam, I've been topping up here for too long now....I've tried to shrug off the negatives, but in all seriousness, what is it that you still believe in??? investor show after investor show with promises a plenty, but nothing has materialised here in years...
is basically 100% accurate. RP needs to be honest with where the company is with its business dealings and reiterate how close he is to a deal. RP needs to explain why the licences are useful when all the evidence suggests China internal problems have now made the possibility of using the licences a no go. I was invested heavily at one stage last year but sold and lost money but not at this current SP. I would be gutted for anyone invested who cannot take the loss as RP is the one who has let everyone down. BigMJ hope things are coming together with your plans?
unless you well top up.
Just worked out if you invested in this 18 months ago you need a 16 bag to break even ! Imagine that a 1600% increase. History speaks for itself here. Don't hold your breath. GL LTH's
I genuinely hope what ever avenue you're going down its in the best interest of the shareholders and it works out, Good luck with it and I'll keep my eyes peeled for a favourable outcome....I would love someone to kick that's little weasel ass, in a professional way of course....
Watch this space , can’t say anymore
Basically the Chinese licences are worthless,theyre never going to be used,just check legislation in China.
But for Mr Pouldon they're incredibly valuable,they allow this farce to continue in this cesspit called AIM,he gets around the Cash Shell scenario by holding them,otherwise this would have been delisted two years back.
He pulled an absolute blinder with those defered shares,now having the authority to issue 4BN more shares,so it's guaranteed a further mass dilution and consolidation,just like before.
He hinted at the RTO,well that's all he can say,but he'd rather kept the status quo,and why not,issue equity for free cash,dilute holders further but maintaining his fat cat existence in the relative safety of Dubai.
Remember the cash burn is staggering here, administration costs,what are they,nothings happening here,it's all going into Pouldon Middle Eastern bank account and the other Connie's.
It has to be further dilution, I can’t see how it can be anything else, PCGE barely has cash to last a few more months given historic burn rate, never mind money to facilitate a deal etc. This is literally daylight robbery of £millions of shareholders money!
RP can place another 4 BN shares,those that were defered.
Personally I don't see anything new here,it's obviously a pension pot builder for Pouldon and the other Connie's.
I expect another capital reorganisation,4/5 to 1 with those defered shares,dilution after dilution.
Can't understand how this gets past AIM regulators.
The 4 TR1s have 32.5% of the issued share capital , BigMJ is one of them with 9.4%, my impression is that he is attempting to gather enough people with smaller holdings and put pressure on RP and the BoD, this potentially is futile but at least someone is trying something to represent the shareholders. RP doesn't care a damn he seems to use PCGE as his toy that he plays with occasionally only to throw it at the bottom of the toy chest for months after. As you know the licences are deemed the only value PCGE own but this value is open to argument, my personal opinion is they are worthless at this present time due to the political and economic challenges. One of the main grievances shareholders have is the lack of updates where the negotiations are, he uses the excuse of insider dealing for a reason not to share where they are at but the general feeling which has gathered momentum is there is no deal possible due to internal issues within China. The fear is the longer this goes on the more possibility there is RP will gather additional funds through placings to pay salaries etc. This said there is an outside chance the negative people will have egg on their faces and this will rocket... this is AIM so anything is possible, good luck LTH
Why?
guys: holdings to pcge@reply.me.uk
Please keep emailing your holdings, I can’t say too much but expect to be in a position to update late next week.
Remember we are not acting in concert and are merely likeminded shareholders.
As for chukkers , you do your own thing if you are invested here and don’t trust “nimwit big holders”
not looking so good is it
trust no one and alway do your own research
especially dont rely on those nimwit big holders here
This is their Twitter account header.
PCGE develops and capitalises on media and other technology opportunities in China and the Asia-Pacific region.
Do they really? LMFAO. Hahahahaha
What he said | | | | V
Binned half my remaining holding earlier.
Cannot trust Poulden and friends one bit, can see NEX coming soon.
He's perhaps the most odious individual on AIM, at least other crooks have made an attempt to run a business, he's just done sweet FA........
Mutiny brewing? Feb 2019! Who would have thought two years ago we would be in such a sorry state with literally no progress on the business front and millions wasted on., well who knows?!
From my calculations even if all the TR1 plus all the other PIs join forces you won't have enough clout to change anything. Be careful he doesn't dilute further reducing percentages accordingly, the only work / value remains with the licences which are worth nothing. RP will see what you are doing and feel betrayed, good luck guys be careful what you wish for.
Guys: pcge@reply.me.uk please send your holdings.