Member Info for Ant1986

Pen15.

Still going?! Christ, these city boys are relentless!

Reckon someone has paid or influenced a very dodgy share website too. There is a short here, not 100% sure why though, bad target in my view. A bit like when I went long on CPP, against some huge shorts!

Membrane biz is starting to deliver, asset sale, all looking very good! PDO is massive too!

"As part of the Company’s commitment to improve water quality, #PDO signed an MoC with Haya Water, Majis Industrial Services SAOC, (Majis) and EJAAD to explore the possibility and feasibility of establishing a National Platform for Water and Wastewater Management.
The platform will be responsible for technology testing, certification and development, as well as training researchers and students and raising the awareness of the general public."

Totally a game-changer because of this: "Seawater offers environmental benefits compared to land-based salt mining, which can result in environmental problems due to the waste it generates and the health hazards posed to salt miners."

Everywhere. Assume the naysayers (City Boys) are out in force, ha-ha!

The sells look very contrived and Market Maker like, no one sells in blocks every few hours. It's to lower the bid and create self-doubt.

You'll never hear from them again, post sale RNS.

Bit more about why MW is up for the award - http://www.socialimpactawards.cn/who-is-competing-for-the-2019-csia-universal-healthcare-award/

Worthwhile company.

Award's dinner, tomorrow night. Great exposure for the company!

To see the news on the website being updated. Lots of positive activity, recently.

Looking forward to seeing the business recapitalised and with the bit between their teeth.

Moron. Filtered.

Thick.

FFS - you really are thick.

"Unless they sell the business" Jesus wept.

The issue of the Notices of Intention is a consequence of the continuing shortfall in working capital as previously announced and its effect is that an interim moratorium comes into force to allow the specified companies (MWSL and ASL) some temporary protection from creditors and legal claims whilst various options are explored to seek alternative finance. The interim moratorium is for a period of ten business days. The Notices of Intention do not in themselves denote the appointment of administrators. The Board may at any stage during this period decide not to appoint the administrators if the situation can be resolved.

The directors are required by company law to be satisfied that the Group has adequate resources to continue in business for the foreseeable future. A review has been conducted and the directors have concluded that such resources are available, and that the going concern basis is justified in preparation of the financial statements.
The Group's forecasts prepared by the directors reflect that funding requirements have reduced significantly following the liquidation of Modern Water Services Limited and the restructuring of the Group's Membrane Division and Central function.
The Group's remaining funding requirements will be met from:

· Proceeds from the sale of the assets of the Group's Monitoring Division.
· The £141k raised from a share placing on 3 September 2019
· The £68k cash balance as of 30-June-2019;
· Continued revenue from the restructured Membrane Processes Division.

Yup, very encouraging! After the sale this summer of the AMBC/ZLD to an Indian major, we have renewed interest that could lead to a huge turnaround. Plus climate is a serious, serious issue this year! All points to a 'sea' change!!

Added to another Chinese website this week.

Just a remind of the positive news flow via Linkedin, building up to a decent RNS, I reckon.

Delhi in the news yesterday for its pollution issues - Modern Water's tech could help considerably. https://www.adventenvirocare.com/treatment-solutions/zero-liquid-discharge-plants

The ghouls are out in force this Halloween!

CLN's, debt, creditors, insolvent, memBRAIN, distressed sale, collapse, massive monster, self-doubt, cash crisis, skint, financial stress. Oooooooooooooooooooooooo!!!!!!

Well, you would have gotten away with it, if it wasn't for us pesky kids!!

Happy Halloween ;)

Ha-ha, you're a loon.

Massively increased creditors? You do know they state themselves that they have bugger all cash and have subsequently made 'massive' changes to its structure and put part of the business up for sale?

It's like you're deliberately being thick. Why would you do that? Hmmm...

What's this basic research one must undertake? Sounds like hollow scaremongering to me. Happy Halloween, you goblin.