Member Info for 15LIVES

Hi Red

This is what I've been saying about United Hydrogen for the past few weeks or so.

They are not a conglomerate in the true sense of the word.

It's all smoke and mirrors. I'm sorry to have to say that, but ever since I watched that interview with Richard Allan a while back that's the conclusion I came to.

Scooby

I'm not going to pretend my knowledge of PHE's revolving kiln extends to knowing about its association with biochar or not. So unfortunately I can't answer your question. There are other and better posters than me who can answer the intricacies of PHE technology.

I'm more focussed on the bigger picture which, if I'm honest, I'm more wary of now than I was this morning. The concerns I've had about the National Hydrogen tie in, and which I've been questioning on here now for the past few weeks, seem ever more relevant tonight.

Hopefully, someone with a good insight into the specifications of PHE technology and also that of Patriot Hydrogen can assuage any concerns about National Hydrogen going with their technology.

I can't help but feel Emmitt is being kept in the dark here. This is the downside of the chosen business model we now have: waiting on others to feed us information.

15 Lime Street.

Don't look for a conspiracy in that address as there isn't one.

Hi Scooby

I'll try to freshen things up.

I've just googled the address for United Hydrogen. I put in 15 Lime Street, Sydney, and it was described as being a house.

I then googled suite 409, 15 Lime Street, Sydney, and it came back as being the head office for Patriot Hydrogen, one of the companies under the United Hydrogen umbrella.

I then went onto the United Hydrogen website and clicked on the link to see what Patriot Hydrogen are into.

It's worth a look.

Oh I knew what Castle was / is before I even posted on here.

There's a Castle on a lot of bulletin boards.

Especially those for companies on AIM.

You've gotta admire their unwavering belief.

Dusty

Good of you to say.

It's appreciated.

I'd love nothing more to catch it on the turn and then later down the line have to listen to Castle shouting from the rooftops how right he had been all this time.

I've just noticed Dusty that you've given me a thread all of my own.

Does that mean I've arrived and now accepted.

Or am I still a thorn in your side?

Dusty

Nah, not invested yet.

I may when it's sub 1p towards the end of the year if the tech looks like it's on target.

Still think I'm being scandalous do you for trying to drive the share price down to that level?

It does feel like my second home just lately yeah. Better than watching the telly and you've gotta do your bit to try and help folks haven't you. It's a bit like care in the community. But as the old saying goes: you can lead a horse to water...

Correction

A hundred thousand shares then on their hands...

The large trades that go through are just the market makers selling their shares.

This is the stock market doing what it's designed to do.

Market makers provide a service. They facilitate and enable a fluid market so that the likes of us can buy and sell shares instantly. There's nothing more to it. If a hundred people each wish to sell a thousand shares in a stock on the morning, and at the time there are no buyers, then the market makers provide fluidity by purchasing them. If they didn't, then each seller would have to keep coming back to the market seeking a buyer.

Now with a thousand shares on their hands, the market makers are then going to sell them when the buyers turn up.

That's all there is to it.

When the shares are in the hands of the market makers the shares belong to them, and as such they can dictate the price.

Whether it's shares, cars, yachts, jelly tots or Cadbury creme eggs, the principle is the same. They bought them; they can sell them at their price of choosing and on volumes of their choosing.

Alkin

LSE don't get the buys and sells the wrong way around. That's the information provided to them by the stock exchange.

If your buy price is the wrong side of the mid price then it will go down as a sell. IE- you have got a good price.

The thing to remember is that the mid price isn't the mid price from your broker, but the mid price of all the market makers who could well have different ask and bid prices.

'Simple minded cretins...'

That's a cracker coming from you, Castle.

Absolute cracker.

Sharesport

Apologies back at you.

Sharesport

Blow me a kiss as you wave me goodbye.

Scoobydriver

Yes I agree.

It will indeed cause investors sit up and take notice if the tech is proven at full scale. And I'll be one of them. Only as a small scale private investor though.

I know I get a lot of stick regarding my views on here. But ultimately I think the potential of the technology is phenomenal. Personally, the hydrogen side of things has never bothered me that much. It's always been getting rid of the waste that's the pull for me. I agree also that the National Hydrogen tie in isn't that critical for Powerhouse's success. I focus on it and question it because for some it does seem critical to aid the share price recovery.

I hope it plays out to be everything investors here believe it can be. It would be nice if it did. It's been a long road to get here, but I am cautious about these final hurdles. I don't wish for the share price to fall further. I just happen to think it shall, as I've seen this kind of thing before on AIM with start up companies at this phase of their hoped for move upward and forward.

Ultimately, if anyone believes that move is more or less guaranteed, then yes, they should invest now and wait. I've traded this several times, riding the ups and downs the past few years, but we're now at a stage where I feel holding back and waiting to see what transpires is the best approach.

Scoobydriver

I wasn't questioning his credentials. Merely, that his credentials are those of raising money and facilitating businesses in their nascent phase. I'm sure in this regard he shall succeed. In fact, it looks like he has seeing as how National Hydrogen fund raise is now closed.

His job is to entice potential investors into the many hydrogen businesses under the United Hydrogen umbrella. He will get his cut from that, and when the businesses are up and running they have to then survive free of United Hydrogen. That has been confirmed by their chairman Richard Allan.

I think comparing him to Richard Branson is a long stretch. Branson focussed on just his one record shop that he owned and from that built his own empire. United Hydrogen set up is totally different.

The point I was making about him, not a negative one, is that he is a hard headed businessman who makes his money by putting nascent companies and investors together. Then he walks away. United Hydrogen have said as much in the interview with Richard Allan.

United Hydrogen is not a conglomerate in the usual sense of the word. Conglomerates have huge turnovers, multiple business interests, usually in differing sectors. They pay dividends and when they are even rumoured to be interested in acquiring or investing in a nascent company the share price of that nascent company usually goes up. This is not what United Hydrogen is. Yes it's a conglomerate. But it's a conglomerate of, according to Allan, 37 companies each seeking to raise finance through the venture capital route.

What I'd want to know if I was invested here in PHE, with so much riding on the tie in with National Hydrogen, is who is actually running National Hydrogen. If it's this guy, is he running the other 36 companies in their 'conglomerate' too?

And if he is, shall he release any money or enter into any binding contracts with PHE before their equipment has been proven at full scale.

These guys are selling you the hydrogen future with slick interviews and how billions of dollars are being pumped into this economy. They won't lose. They shall cream their wedge off the fund raises under the United Hydrogen umbrella.

Yes, there shall be money to be made in the hydrogen future, but the road to get there is going to be littered with individuals and companies who were out of their depth and who fell rather too easily for the lure of easy money simply because their chosen vehicle chased the hydrogen dream.

Red

And you have!

Red

I can't go.

I've been banned.

Salopboy

In my opinion it's an interview that tells people what they want to hear if they are already persuaded that PHE is going to be the answer to solving the world's waste plastic problem, and an interview for the ears of those from whom he is seeking to raise money (for all his 27 plus of his business interests).

He's simply a money man.

No background in the hydrogen or waste management industry.

He's a facilitator of businesses. His description. And in doing that he may be fantastic. But that in itself doesn't guarantee success for Powerhouse Energy.

What concerns me is that he is overseeing so many start up businesses all at the same time I have to question how much of his time can be devoted to National Hydrogen.

We all know how much plastic waste etc there is in the world. Most of us know of the billions of dollars being pumped into the hydrogen economy. Unfortunately, those two things do not necessarily equal PHE technology being a success.

Ultimately, as others have said on here today, Powerhouse must prove their technology works at full scale before any serious lift off in share price.

That's just my opinion, obviously. I could be proved wrong. But at this stage of PHE's cycle, my belief is that for the remainder of this year things shall go quiet, and as is usually the case on AIM with start up companies in situations like this, and the share price shall retreat. My feeling is sub 1p.

It's very easy to listen to interviews such as this one and to allow yourself to get excited. It is a positive interview. I don't mean to be negative. It's one I think to be taken warily.

Confirmation of a deal, the signing of contracts between PHE and National Hydrogen, could temporarily push the share price here to between 2p and 3p before the retrace to sub 1p as I mentioned.

But my question to you, having listened to the interview, does he sound like the type of person who is going to release any funds or sign any binding contracts with PHE before the technology has been proven at full scale?

You know, that imminent deal that has now been ever so imminent for so long.

Salopboy

Yep.

I listened to it.