Member Info for Advance123

As recently reported, 2016 is a year of strong growth and the Company has now established a solid platform for future profitability. The business model pursued by the Company up to this point in time, offering a broader portfolio of products in Fuel Cell Hybrid Power Solutions provider, has worked. The Group increased in size and continued in further investments in product development and manufacturing capabilities. Furthermore, the stature and scale of our customers has improved. As a result, increasingly exciting and favourable sales opportunities and partnerships have arisen for the Company. With the three new proposed reorganised divisions, the Board believes that the Company can drive further integration and selling opportunities, whilst reducing overheads with a shared service infrastructure. Trading Update As recently reported, current trading is positive and revenue forecast for 2016 will show significant growth of approximately 250 per cent.

soon be 10p.))))))

250% growth potential.We looking up 20p next few days but 10p today my target.))))Dyor

mms trying to flush you out.Not many free shares left.Afternoon will be great fun for big fly and great reward.)))))DYOR

Wish I had more spare money.Such opportunities comes very rare in life.))))) great upward trend.£££ dyor

great news.)))))

My target 10p.Afternoon will be fantastic.Not many shares available.Mms srugling.Still long way to go.)))))

This will fly soon.)))))

250% growth rate possible .Great news and way under value.££££.dyor

still best entry time.))))dyor

))))))))£

Rock bottom and multibagger from here.))))

)))))))))over dropped.)))))

Sold and bought her.

update

shares.Still massively under after this great news.Still got plenty of legs.)))))

Number : 1704F Bagir Group Ltd 25 July 2016 25 July 2016 Bagir Group Ltd. ("Bagir" or the "Company") Announces Proposed Private Placement, Bank Refinancing and Trading Update Bagir (AIM: BAGR), a designer, creator and provider of innovative tailoring, is pleased to announce, as part of the Company's Recovery Plan, an agreement with its lenders, Bank Leumi and Discount Bank to clear all outstanding bank debt (approximately $21 million). Additionally, the Company intends to undertake a private placement to raise approximately $8.5 million ("Private Placement"). "During the recent months we have been working closely with both of our lenders to address the imbalance between the size of the business and its current level of borrowings. Today, we are pleased to be announcing a new plan under which the outstanding borrowings will be partially repaid and the balance written off which will enable the Company to strengthen its financial position, support its operating cash flow and once again invest in growing the business. We are grateful to our lenders for working collaboratively on this," said Eran Itzhak, Chief Executive Officer of Bagir. Agreement with Lenders · Under the agreement the Company's two principal lenders have agreed to accept a partial repayment and then to write-off the balance of all bank loans amounting to approximately $21 million and associated obligations, subject to the Company fulfilling the following conditions to them pro rata before 31 December 2016: o Cash payment of $6.3 million to be funded from the proposed Private Placement ("Cash Payment"). o Allocation to the lenders of 8.33% of the Company's total issued share capital post the completion of the Private Placement. · On receipt of the Cash Payment and issue of new ordinary shares to the banks, each of the banks shall write-off the outstanding balance of the obligations and liabilities of the Company to the banks and any liens, mortgages, and guarantees created in favor of the banks, will also be cancelled. · Additionally, if the Company generates annual EBITDA above $6.5 million between 2016 and 2024 then a contingent payment will be due of 50% of the excess of annual EBITDA generated above $6.5 million up to a maximum payment in aggregate of $8.0 million. Proposed Private Placement · The Company intends to raise approximately $8.5 million (before expenses) by way of a Private Placement from both existing and new shareholders. · Of the net proceeds from the Private Placement $6.3 million will be used to repay the lenders and the balance will be used as working capital to support the business operations. · The Private Placement is interdependent on the completion of the Bank Refinancing. · Completion of the Private Placeme

and under value.:))

still under value.Fantastic buying opportunity.))(

upward and onward from here.:))