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CEO replaced with immediate effect by fellow from Arysta. Anyone know what brought that about? Doesn't sound like a freindly parting. 9 August 2011 Plant Impact plc. ("Plant Impact" or the "Company") Plant Impact names John Brubaker as Chief Executive Officer Plant Impact [London AIM: PIM] announces that John Brubaker is to be appointed Chief Executive Officer with effect from 1 September 2011. Brubaker succeeds Peter Blezard, who has resigned his position with immediate effect. David Jones, Chairman of Plant Impact, commented, "On behalf of the Board of Directors, I am delighted that the Company has secured the commitment of such a high calibre individual to lead it as the CEO. Plant Impact is expanding its customer base internationally while continuing to invest in innovative new technologies, and further developing its relationships with strategic partners. For this new and exciting phase of the Company's growth, the Board is confident that John will bring the right blend of skill and experience to Plant Impact." Until recently, Brubaker served as the global head of business development for Tokyo-based Arysta LifeScience Corporation ("Arysta"), a 9.1% shareholder in Plant Impact and a key commercial partner for the future . Having worked at Arysta since 2005, he was responsible for all aspects of global acquisitions, divestures and various other strategic initiatives. He was a member of Arysta's global executive staff and operating committee. Prior to Arysta, Brubaker was the director, business development at R4 Global Solutions, a San Francisco based technology start-up since acquired by Verisign. He has also worked as an investment banker and as a product and accounts manager at an early-stage software and telecoms company. Brubaker holds a bachelor's degree from Yale University and master's degree from the Johns Hopkins School of Advanced International Studies. "Plant Impact has developed a platform of high-potential crop enhancement and anti-stress technologies, and I believe the Company is well-positioned to emerge as a leader in the sector," explained Brubaker. "I am eager to start work with the Company's commercial team, its scientists and its customers to achieve Plant Impact's aspirations for the immediate future and over the coming years." David Jones, Chairman of Plant Impact, added:"The Plant Impact Board pays tribute to the outgoing CEO Peter Blezard. We recognise and appreciate the energy and tenacity he has applied to build the business to its current level. Since the founding of the Company, Peter has overseen the launch of the Plant Impact's product lines, the listing of the Company's shares on the AIM market in 2006 and the recent strategic investment by Arysta LifeScience. We wish him well in his future endeavours."
Somebody just sold at 18p, now that is a panic sale, 45p placing is a distant memory !
Sounds good to me, i will definatly do some more research on this one. Thanks for the reply.
Can someone please explain what Bugoil is, ive been having a look at this company but cant find anywhere what it is. Thanks in advance
twas ever thus. get used to it. long term hold, just look at the sales traction gained via the most sophisticated aggro. country in the world...Holland.....13 times in one year.....extraordinary.....we won't gain that kind of growth elsewhere as they are no where near as sophisticated as the Dutch market, BUT big sales growth will come and with it, income, profit and SP re-rating....hang in there and be patient.. Good products, financed with good management and great world wide distribution partners...patience will be rewarded many times over
Of the market makers, charging a buyer a premium and 27p to buy and bidding just 24.5p online, no stock out there so hold tight.
Big jump today from 23.6p bid to a current 26.05p bid online, simply no stock out there to buy, it's just 2500 at 28p which hardly seems worth the bother although somebody did exactly that earlier.
OK 25k is not a fortune but on that spread it's a bold buy, needs a 20% rise to break even but i'm sure it will come.
Quite simply there is a massive buy order in the system and the mm's will force the price down to try and fill it, it's impossible to buy any stock currently unless you pay a premium, you can still sell 100k above the mid price and they will use any sale to try and get the price down to flush out more sellers to fill the order.
23-24.5p, sell 100,000 at 23.8p or buy 500 at 24.5p, basically all the mm's are buyers, there is no stock to buy, you will have to pay a premium to go over the NMS and because of this they drop the offer but refuse to let you get any size hoping to flush out some bigger sellers
Would not let me buy 5k at 24p, mm on offer is a heavy buyer trying to hold the price down to fill a huge order, now 23.6p bid for 100,000, this is a massive number for Pim, could be aryesta in the market at these lower prices ?
extremely short of stock because you can sell 100k online at 23.5p mid price
No wonder they were happy to buy up all those sells and give them a nice premium on that spread because larger buyers were paying premiums not to mention last weeks big premium. Think this has a good bounce in it at some point but right now the mm's are determined to force it down.
They sneaked that in 3 hours delayed and drop price after so one mm will be a huge buyer at 22p bid upwards after selling so much higher cheeky sods, mm's greed never ends.
Thanks, I thought they were due about now. They announced 2 months ago that they would have a larger loss than anticipated for the year to end March due to not getting the 500k Bugoil payment. That should already have been factored into the sp. Are you suggesting additional losses?
Any ideas why the sp has been falling? I think I read somewhere recently that they have results due shortly.
45p placing is now a distant memory as punters try to sell when the mm dont want them and get awful prices, bit like blankety blank. http://www.youtube.com/watch?v=LnQ7V_194AY
Sure i can make comments, i could be a typical bb poster and say news next week and then when none say it again the week after and so on. I think i am the only one left holding Pim now here so give me a break eh !
Seems to be more buyers than sellers, still weak though but when the seller clears it will do 5p no problem i reckon
Is out today for weak players, they are bidding for some size at 25.25p so they are trying to flush out sellers at this level, 15k buy is full 26p offer. All stocks in similar position today on my monitor
Patience is all thats needed here imho an dwill come good.
I'm not into contacting management anymore, business for me is booming, if i have one stock not doing too well on paper i'm doing several times better trading others so i'm really not that concerned one or two of my stocks are drifting down, i just find it amusing all these people trying to sell when it's so weak hence giving their stock away.
How quick was that profit for the mm, buying 16500 for 24p and selling them for 26.35p within 2 mins making approx £350....hard life if they do that about 100 times a day on all of the penny stocks !
The way, when weak and the mm's dont want them people try to sell and get hammered with the price like the 16k seller at 24p, sell when it's flying and strong, buy when it's weak like now dont sell. Some punters never will learn