Member Info for ajs8220

My desire, consistently stated, is to see bad actors like Cleverley and the board of this sh*show driven from the public markets, thus making them a safer place for everyone.

After the latest drawdown, the outstanding death spiral is now roughly a third of the market cap.

Atlas will welcome anything to get them out of the hole they're in. Pennies in the pound for the 52% to take out the 48%. Equity is worthless. Will halve with any selling pressure from the CLN holder, and could be suspended very rapidly.

No news is bad news.

Next news could be terminal news.

A disastrous RNS.

Chunky drawdown needed presumably to pay the wages this month, tiny conversion from Atlas so the spiral tightens again.

All wrapped around some service expansion capex as a spoof to keep the telegram mugs happy.

No updates on any of the significant news promised in Q2.

The only question is how quickly this unravels from here.

Something doesn't add up here. In the three conversion notices issued on 26 April, 24 May and today, ACM have been allotted just under 85m shares.

There are now 1.6b shares in issue.

If ACM "have indicated that they have no immediate plans to dispose of the shares", they control 5.3%. 3% is a notifiable interest, so...

WHERE IS THE TR-1???

Given that the company's statements are at odds with listing rules, there is now a false market in these shares. The Regulator should request immediate suspension from 0700 tomorrow pending clarification of the position.

If you still hold here, you are asking to wake up one morning and find you are locked in by a 0700 RNS.

Target price 0p. Get out while you can - if it is not already too late.

And dvh you would have said that every year for the last, I dunno, 10 years?

Amazed you mugs still haven't worked out this is just a lifestyle grift for Harry.

Still, no doubt the sign off is only a matter of weeks away. Which you would also have said, I dunno, a year ago?

Then fair play to you.

No, I certainly haven't won them all and made some catastrophic mistakes. Very, very few I've repeated.

When you see stuff like that outlined in the November RNS, related party carve ups, you know it's not going to end well. Look who's behind it - ah, the likes of Brundle, Cleverley and Stanbury, and you just know. The equity is getting shafted.

And lo it came to pass. Here endeth the lesson.

Ad hominem, the last refuge of those who have lost the debate. Like water off a duck's back.

But will you have learned the lesson Dusty?

When the flaws are pointed out in the characters you have chosen to invest in, and their plans to enrich themselves at your expense (you have to pay for talent after all), will you listen?

Because if the answer is yes, my work is done. Chancers such as we find here will fail to raise for their next little related party bunco and the market will be cleansed of them and those who enable them.

And we can all invest a little more safely.

So after another week with no TFS or RTO news Bunco stands waiting in the wings with his bucket of custard, but where is THE_CLOWN? He appears to packed his trunk and said goodbye to the circus. All together now... aaaaahhhhh.

But if what I am hearing comes to pass, news will be incoming soon. But it's not good news for holders here.

As the spiral tightens and tightens, there is a scenario where 52% raises money to buy out 48% and takes 100% control of the premises, the equipment and the stock for pennies in the pound on the CLN leaving other creditors and equity shareholders of the listed company high and dry. Jobs would be saved for the time being so it ticks several Insolvency Service boxes. There would be an almighty stink, but let's be in no doubt it is legal.

Maybe that is what they have been working so hard on. No wonder they cannot tell you.

Such is the way of London small caps. Nobody still holding here can say they weren't warned.

Yeah, OK pal.

What does your chart tell you since last November when this bunco first went across my radar?

Who called 0.65p spot on by doing a few sums around the related party deals?

Have I been right or wrong? Has ignoring my advice and trusting your tealeaves made you richer or poorer?

What a mug.

If you could tell anything of future prices from past prices the chartists would all be billionaires. None of them are, therefore we can safely say charting is nonsense.

Whether the price went up, down or sideways, or waved, made a batman sign, showed you its bottom or gave you the finger over any timeframe you choose has nothing to do with whether it is going up 10% or down 10% from here. Anyone trying to convince you otherwise is talking bunk.

The only people who make money from Technical Analysis are the gurus who sell their books and systems to the gullible.

And boy have we got some gulls here.

My word, this death spiral really is tightening.

Only a 1m late print today at 0.41 and 10% down again on £32k traded.

With well in excess of £1.5m to place out Atlas must know they are in deep trouble. Do they have a get out on any more drawdowns while their exposure as a percentage of the market cap is so large? If so this could be game over very quickly.

Another week rolls by without THE_CLOWN's promised good news, so Bunco runs into the ring and pours another bucket of custard down his trousers.

But June for good news, yeah? Deffo.

What a gullible mug. Gobby with it too, just to make it worse.

Continue being utterly wrong about everything to do with this pile o'sh*te. The Cleverley connections, the related party deals, the failed RTO, the delayed TFS, the death spirals, the forward selling, and lately the geography of Asia.

Keep being wrong, and enjoy poverty.

Chump.

It's typical of the telegram mugs, and he's been the most vociferous, running his mouth at every opportunity.

Totally convinced that he is right, to the point of adding "...you muppet."

And totally, completely and utterly wrong.

"Bangladesh is in India, you muppet."

That has to be the best post from THE_CHUMP yet.

Like saying Belgium is in France. What an ignorant to**er.

THE_CHUMP wants us to believe a few spoof RNSs that in a financial sense signal only an increase in the overheads point to an inflection. Pull the other one.

As a reminder,

No TFS

No RTO prospectus

No operational update

No meaningful activity at Wolverhampton

No date for resumption at Tipton

And if you think Atlas only have 13.4m to sell before they next convert, oh boy have they got a nasty surprise in store for you.

Target price 0p. Any smart money exited months ago. The only ones left are THE_CHUMP and his mug mates who haven't been purged from the Telegram group. In other words, the board's useful idiots. All well underwater, if the shares were good value at 2p when they bought, they must be the bargain of the century at 0.5p, right?

And a loss is only a loss when you sell, right? Right?

You continue to get all you deserve off the likes of Cleverly and his chums.

"IMHO, a term used loosely by people who just don't know"

Yeah, because nothing I've predicted in the six months I've been here has come to pass, and I clearly don't know what I'm talking about.

"Buying of any volume will be aggressively sold into, just you wait and see."

IMHO Atlas are now forward selling the next conversion, and could aggressively drive the price down for a lower conversion price. £££ for them, more pain for the Telegram mugs.

Speaking of which, is THE_CHUMP still laughing at me on there?

Still here pal.

And while it still owes £1.77m to the death spiral provider, your company is still very much ****ed. Nothing has changed.

Anyone buying this junk under these conditions is asking for it. Buying of any volume will be aggressively sold into, just you wait and see.

No TFS, no RTO,... you know the rest.

Target price 0p.

I predict THE_CHUMP is going to look very stupid again next Friday when no positive news has arrived.

Still there's always June, eh?