Member Info for 60pPARTY

it wrong !
stop loss kicked in at 0.042p lol
£500 loss

roses - you were right and \I was wrong.
Well done to the NO voters, you won ! I think.

Why all the buys this morning then roses ?

Roses,
What value survival ?
Dilution later ?
Let it rise today if i was the bod

If yes wins-
I think the buys will flood in.
How high can she go ?

More buys today , however I have put a stop loss on at 0.065 to protect the downside.
Left the upside open so it can fly !
My buy price 0.77

Pasifying Fred will take a little time ! Lol

Nah, it's flooded and they have all drowned !

The SP is getting ready for even bigger rises IF the resolutions are passed today. We should get an RNS this afternoon. Going to plan so far !

Freddi

YOU MUST ASK WHY THEY HAVE NOT SIGHNED ANY GREAT DEALS YET , THAT GIVE FUTURE REVENUE WHEN PRODUCTS GO TO MARKET ????

Just to add !
HH has a brilliant point .
IF I have got it correct, then IF you defeat resolution 3 then you have LEVERAGE.
Something to negotiate with !
Something to get some concessions.

You clever son of a gun !

Am I correct to assume that resolution 3 is the most likely that the NO voters can block because it needs at least 75% approval , where the other resolutions only need a 50% approval.
However by blocking resolution 3 it stops the company from selling new and discounted shares to the "vulture" institutions. NO more 20-30 % discount on new shares to these guys. Therefore the incentive for them to take part is removed. The likely result is any new shares have to sold at full share price value . This wIll likely then stop a discounted fund/cash raise.
The only way forward in this scenario is that good news has to be released/ come out thus creating a demand for more shares that will not be allowed to be discounted.
Please HH can you confirm if my summary here from memory is right ?

Dracula,

How long do you think I am holding for ? Commercial launch of VAL 201.401. ???

Let me clarify for you -

Most likely scenario is that I will sell Monday .
Latest Tuesday I would think.

Freddi,

You said "that Lord over us gamblers", i think you meant to say "that Lord over us turkeys"
You know the ones that kept voting for Christmas.
Sadly Monday looks like a "lose -lose scenario" to me !

lol Fred,

Lets hope they come to the party .
All the best

Freddi,

You say things like "fireworks". This is emotional rubbish.
If it's a NO vote , I would expect the BOD to close the meeting and walk out , off home.
Leaving you to "switch off the lights" on your way out !
Like I said before - The NO vote ( I agree with) however it does not seem to have a sensible plan.

If you think that after a NO vote that they will sip coffee with you, as they gentle slip out their cheque books, writing £50k cheques - then you are dreaming !
How much do you think VAL's IP is worth from an Administrator in a fire sale ?
Maybe £50k , maybe more maybe less. Maybe a better use of your £50k ???

paulie and Dracula,

Thanks for your responses.
Not sure about the rules on forward selling. I think one has to assume that the BOD have a detailed plan following a YES vote.
My thoughts are (assuming they need cash) that they will leave it a few days or week after the vote to announce a stock market fund raise . This would make sense and give the SP time to rise . maybe back to their original figure of 0.1p or above and thus the 12.5p after consolidation. This would make sense rather than knock the SP immediately after the vote with a shock.
As for the NO vote. I guess they have been frantically making up their plans in case it goes this way !
What could they be ? My guess would be that they will "suspend trading " on the market until finances are sorted. If they can get them sorted by other means, and I don't know how they will do that, then trading will re-commence again. If they run -out of money and can't get financed, it's game over ! - We would have likely to have lost all our cash.
These are my thoughts/views only. I am guessing here and to complete my guesswork -
I believe that they will get their YES vote Monday.
A RNS will be released Monday lunchtime/early afternoon
This will start a nice rise (indeed the ramping crew may arrive)
The MC and SP will rise for a few days
I will sell my 1.5m shares at a nice profit
Then another RNS confirming fund raise.
Job Done !

Do we think they will issue an RNS confirming the result of the vote and a fund raise at the same time i.e. One RNS ?
or will they wait 24 hrs before confirming any fund raise/dilution RNS.
or maybe they will wait a few days/weeks for fund raise ?

What's the thoughts here ???

Roses I do understand ,
However maybe you have failed to factor in any positive market response to the fact that the business will continue.
Lets see what happens

Roses,
Its not relevent.
I purchased at 1m MC
The market cap i the driver.
To answer your question 125 x closing price