Member Info for 3rdtimelucky

And how much of the pizza did they pay for ?

I’m not against giving to the down and outs and regularly do if it gets them through another day but don’t agree with giving Gerwyn seven slices of eight slice pizza after he’s already taken white out of the eighth slice:

I hear what you are saying Fyoz and already get it.

We get the peckings, that’s the deal.

The pizza may or may not be fully loaded but thats the deal.

Well why don’t you explain it all to us rather than bitch about us bitchng about being SHAAAAAFTED !!!!!!

Go on ?

I get that bit about him just getting more shares...

But that is still more shares than all of us lot put together.

Which makes our investment worth less than before relist

A LOT LESS. as Gerwyn has taken up the slack with his new shares at the whatever value ; and so like you say, the price drops making ours worth even less:

Shafted good and proper.

Unless of course we really do hit the sweet spot and BP jump on board : )

I’m already bankrupt : )

Put my last cash in here : )

Weathers too cold for shorts today.

Why don’t you make some sense of it then Fyoz ?

Please explain in layman’s terms, in fact explain like you’re talking to a five year old as a stupid Cnut like m just don’t get it.

There is something I’m missing then...

26% stake in Transgas = £10,000,000

Gerwyn issues himself £10,000,000 in INFT

.Where do our shares sit in valuation to this equation ???

£2.5 million before relist

2.5 million + 10 million = ??? £12.5 million ???

It doesn’t add up to me when INFT is now valued at 26% of Transgas ( £10mill )

And at a 0.004p per share valuation ?
And with £10 mill issued to Gerwyn at 0.004.

So £2.5mill from our existing shares at 0.0014 turn into approx £7.5 - £10 mill @ 0.004

Add that to the £10 mill with that Gerwyn will have adds up to almost £20million. ( all at the assumed valuation of 0.004)

Like someone mentioned though... ( and I put my take on it too). ...

Open at 0.004 but down 90% makes us worth £2.5 million approx with Gerwyn now holding much more of the company than where we were before relist and our share paying for it in the bargain .

That is my perspective on things

It’s this issue of £10,000,000 to himself that pisses me off.

It really isn’t a fair way forward.

What if, let’s say, that the company suddenly became part of a major for example, with way more oil and gas under the ground than even the CPR had predicted...

The information and deals are kept well away from us for legal reasons, so what’s so opting him next time if he wants to issue himself £100,0090,000 worth of shares, with no gain for us ?

We get nothing out of this other than the chance to sell or keep our shares:

Well and truly shafted, and everybody is happy with that ?

I invested with the hope that the company would expand in value and in doing so expand my investment with it.

That is not the case here.

The only winner is Gerwyn with his 2000% gain (£500,000 turns into over £10,000,000)

Ridiculous but true.

If the opening price if .004 holds ( I doubt it very much) then I will be reasonably happy. There could be the investors there to buy and any other added news could see a rise, but I’m certainly not holding my breath for it.

Because I can.

Don’t do shorts, not even in the hot weather.

I don’t work for the company either, just in case some paranoid investor wants to attack me with that one ?

Yes it is.
But I should look before I post as my phone likes a good typo.

That said, when it comes to investing I’m not far from the top losers which makes me dumb indeed.

Who knows though ? Maybe I backed a winner this time ?

What do you think Fyoz ?

How can GW issue himself £10,000,000 worth of shares out of knowhere in INFT ?

The entire company was only valued at £2,500,000 before delist.

Valued at 0.004p or not, something is very wrong.

And you lot are voting yes ?

I don’t care much about my investment here as mentioned ones before, but it doesn’t mean I don’t care at all.

Why didn’t he issue us with son free shares ?

He can’t do that some say, but he can issue himself with an extortionate amount rather than but us out ???

That’s the rules ha ha., and it fills the shortfall in their apparent valuation making our own shares of orthodox less than 1% of their (yes1%) of their pre delist value.

What a joke.

I’ll still look forward as anything can happen with relist and sentiment around the CPR( if there is one) and past comments of how much oil and gas is actually under there.

We will see, but don’t hold your breath just yet if you want to sell.

What it does have something to do with is the fact that Gerwyn can do the same scheme again with TAU as what he’s done with INFT

It’s a win win for him...

He gets the investors buying in, then issues himself more share than all of them put together by about another 300% at least !

Wish I knew how to do it.

I bet he sells every share he will have in INFT.

:-)

Please explain ...

Or are we talking Winston Wolf ?

:-)

Why do this if there is so much more elsewhere ?

He really is taking the piss and I think someone will end up giving him a bullet.

I’m with Hargreaves Lansdowne,

You should have received a letter AGES ago informing you about your shares.

They should be automatically put into a fund and share account.

If you search you will see they’ve read still there but with no value.

They do show how much you paid though : )

Just me sounding off as usual.

Perhaps it’s me who is missing something ?

The fact is, none of us know at the moment, and so that is conjuring up all sorts of. Stab in the dark conclusions and I’m no exception.

I too will be happy if shares are indeed worth .4

But I still won’t be selling as I’m in for all or nothing.

Market cap of £10,000,000

That Gerwyns lot.

What about yours ???

Our shares are worth fuck all:

Unless , of course we actually open up.

Of which I doubt.

We have all been taken properly to the cleaners.

At it.

Gerwyn gets £10,000,000 worth of shares in INFT based on the vote of yes.

That has diluted our investment

GW has merely taken up the slack/deficit with shares to himself to make INFT worth the 26% of Transgas

Our shares will open down substantially, they will not be worth your expectTions

My Maths has got pretty lazy since I left school ( disclaimer for any obvious stupidity ) : )

And fuck all for us :-)

It looks that way.

Instead of us looking at a 4x value of 2.5 million , Gerwyn has just taken up the slack by issuing himself £10,000,000 worth a f shares in INFT.

That leaves us with a lot less than what we stared with by about 90%.

My 5million shares are now worth about £800