Member Info for 15LIVES

Dusty

You certainly are entitled to your say.

All I ask is that you do so less combatively and that you refrain from stating I've said or inferred things that I have not.

Testpack

Thanks for clarification.

I'm not faint of heart, so look forward to your expansion.

To clarify my own position, Dusty:

You say that you're not in agreement that Engsolve is not owned by its parent company. Who has stated this? I certainly have not. Quite the opposite in fact.

Whilst owned by Powerhouse, Engsolve remains a private limited company and as such has separate financial considerations. You've mentioned the crux of the matter should Powerhouse become insolvent and fail to become a going concern. Namely, that Engsolve would have to be sold off, and that's what I was referring to when I said Emmitt would walk off with it. I wasn't stating that Emmitt now owns shares in Engsolve, for he sold his 31 shares two years ago and all 62 are now owned by Powerhouse, but what I was suggesting is that Powerhouse would no doubt end up selling Engsolve to Emmitt et al.

All of this is academic. The point I was trying to make in my post last night is that ultimately Powerhouse has to stand on its own and sell units. I say this because there seems to be some investors who are finding comfort in Engsolve's success ameliorating Powerhouse's failure, up to now, to secure a contract for a DMG sale. Whilst still early days, this can only go on for so long.

Dusty

Me asking Emmitt to show that he's a good salesman is hardly me suggesting orders would be flying off the shelves.

Talk about a non sequitor!

I'm not Powerhouse's biggest critic, neither am I angry my opinions are not met with good responses. Again, God knows where you've got that from as that post last night was the first time I'd posted for a while.

You're clearly a very argumentative person who spends whole days on various boards looking for confrontation. That's why I laughed so much when you posted your Benjamin Franklin quote recently. You see yourself as the keeper of the board, constantly jumping onto every post. If you're going to do that then at least take the time to read them properly and digest them before replying.

Dusty

I never once said the CMD was going to produce contracts within weeks of demo completion and that they would be flying off the shelves like a kid's new toy.

Where you've got that impression from my posts I'm at a total loss.

Hi Testpack

Regarding your third point: ' design and build of lab scale and pilot facilities....' . You've taken this to mean reference to the test centre at Bridgend. However, I've taken the RNS statement concerning this to mean the aluminium recycling process for an unidentified customer listed in the RNS and actually nothing to do with Powerhouse.

Your other mention about the completion of the FEED contract at the end of this month promoting the idea of a 'sale' of a DMG unit and an uplift in the share price is a positive one. However, I have to agree with Red, for many FEED contracts, as I'm sure you're fully aware, don't always lead to FID and if they do, could still take years after the completion of the FEED process.

Would be interested to learn your thoughts on my interpretation of the RNS.

It's worth remembering that Engsolve is a private limited company and, whilst owned by Powerhouse, is a separate entity financially. At some point Powerhouse has to sell a unit and earn its keep independently, even though it is the one that owns Engsolve. If not, you can be rest assured that it will in time be insolvent, leaving Emmitt et al holding on to Engsolve and with him certainly not out of pocket re his Powerhouse endeavour.

What is happening now with Powerhouse was always going to happen. There was never going to be a Eureka moment when the scales suddenly fell from eyes of potential customers and they beat a path to Bridgend to place orders, putting world wide electrolyser production on hold with bank managers queuing up and environmental organisations loving Powerhouse, for that was the simplistic mindset of the blatant ramper(s) on here. The hard graft of getting a start up company with an innovative product to market is what the so-called clowns on here warned about and it is that which is now being fought after.

I feel today's RNS was a synical attempt to get the share price up by those who can now exercise options. Remember, fifty million options for Emmitt means fifty grand for each 0.1p rise in the share price. Also, how many companies that own subsidiary companies report on the subsidiary companies in a separate RNS The overview of Engsolve would surely have been incorporated within Powerhouse's financial statement?

I have money ready to invest on the sale of a unit or confirmation from United Hydrogen that they have successfully undertaken an IPO, for I believe orders from National Hydrogen are reliant upon it.

Powerhouse can succeed and build from a sale, but I'm increasingly questioning Emmitt's ability as a CEO to put a team around him that can drive Powerhouse forward through this phase of their cycle.

Come on Emmitt. Show us you're as good a salesman as that of an engineer.

Patxaran

Annual report is due no later than 30th June.

RoleKing

It's very misleading.

Anyone new to Powerhouse shall no doubt go on to the company's website and read all about how they are building a plastic park at Protos that converts plastic into hydrogen, and yet nothing is happening as it's low priority.

They should update the website and stop misleading people.

Hi Red

It was a report in the Biochar Journal.

I appreciate it's not the same feedstock and end product, but it was a report on pyrolysis and gives an indication of where they believe the industry in general is going or needs to go.

In 2021 it was estimated that in order to get to net zero by 2050 there would need to be an exponential growth of pyrolysis plants of 33% per year to grow from just 100 plants to 380,000 by 2050.

If Powerhouse can't tap into that demand then there's something seriously wrong with those running the company.

Moab

He's got a certificate to prove it.

Howard White sold it to him.

Alternatively, if there was no PHE, then HUI could buy their pyrolysis plants from Mingjie or Beston Group.

Both companies manufacture pyrolysis plants that utilise plastic as feedstock and end product is syngas. They are fully continuous, various sizes, self-sustaining and Mingjie modular.

Lmao!

Is he really trying to impress us!

Oh gawd!

Mr Creosote is off to Beefeater for his two for one meal deal.

Maybe Benjamin Franklin's other post is more apt for Castle:

We are all born ignorant, but one must work hard to remain stupid.

You're still avoiding explaining your 9:06 BS post, Castle.

Castle

And if I know Jack s--t and finance is not for me then why is it I've called this share price right for the last 18 months?

Castle

That's a typical reply of yours when you're unable to back up what you've said.

You truly are the dumbest person I've ever had the pleasure of not meeting.

Castle

Are you even remotely aware of how often you post something that isn't true and when it's questioned or challenged you reply with a partial and accurate post, but in doing so completely ignore the inaccuracies of your original post which are questioned?

Do you even read your posts before you upload them?

Go back and reread your 9:06 post. You explicitly said AFTER as well as before. That's why I questioned it and Red did too.

More to the point, it's totally inaccurate and irrelevant anyway to cite the closed period, for they only apply to results and price sensitive information. Patxaran commented that he felt an announcement was coming. There is no closed period before any announcements such as orders being placed by customers.

You've done this all through your time here, posting misinformation, disinformation and anything that comes into your head, doing so without being able to back it up when asked or challenged and only being able to offer childish replies.

You've

Dusty

As you said, nothing informative from you.

Nothing wrong with asking posters to clarify what they mean. Castle's post a few hours ago is definitely one that requires clarification as it states or suggests no announcements can be made 60 days after CEO wife has purchased shares.

If you don't need it clarifying or just couldn't be bothered then fair enough. If I do, and at least one other poster who recommended my post do, and I politely ask Castle to do so there's no need for your sarcastic input.

Castle

Can you just clarify what you mean by the sixty day period before and after?

Are you saying that no announcement can now be made for sixty days after Emmitt's wife share purchase?