The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I can see them on ADVFN Apples.
A couple of big 5m trades - roll over?
Here we go again - another day haemorrhaging holders. I don't think there's anywhere else worth going at this time of year though. Another AIM share that fails to meet my expectations....I should have learned by now!
New Funding. New management. New plan. New partnership. New MOUs. Same old SP (and MARCAP) performance. I wish I understood. To those who trot out the hackneyed SP will fall on no news tripe..... not this much and not below pre company changing news. Are we priced too low or have we been priced too high? I’m looking forward to this near term shareholder value Ian and not just a recovery to 1p.
Where do you reckon this will be by the end of the year with no news?
I know there’s been a 40% or so drop since the new CEO joined. The absence of the amigos also says something. Their job here is done?
Someone knows something we don’t?
When should we get concerned about the falls?
I didn't see you here 2 years ago when the real drama was happening. Don't lecture me on EQT......is a 10% drop in 20 mins normal here? I don't think it is.
I like to hear new tips, but to do it in a way that runs down this share or gloats in very bad form.
Congratulations Investor1111.....you’ve just made your 1,111st post. Each as valuable as the last.
Deathly quiet board, sp in free fall. Not even investor1111 here to gloat. I’m almost missing the amigos. Almost
Well something isn’t right today.
What’s it looking like to buy? I haven’t got enough funds in my account for a decent dummy trade.
I don’t think you really know what that means.
I miss that show! Google translate is pretty weak this morning but is still better than my tourist Spanish. It may be a translation error but it is interesting that Ebioss refer to EQT as its subsidiary - despite the amigo muppets saying that they're out the picture. Ebioss seem to see it different.
Thank god for the filter button btw
Changes in the Board of Directors. Once the restructuring with the bondholders and the aforementioned capital increase will be closed, it will proceed to strengthen the Board of Directors and the management of the Company through incorporation of very relevant personalities in the institutional and sectorial scope. The company it has practically closed the key positions waiting for the succession of both events 7. London Stock Exchange. Take back and accelerate the steps to start trading on the stock market of London in the coming months once the new Council has been formed and incorporated the new management.
We remain at your disposal for any clarifications deemed appropriate. Sincerely, In Sofia (Bulgaria), October 10, 2018 Mr. José Óscar Leiva Méndez President of EBIOSS ENERGY, SE
The advances accumulated as of the date of this Relevant Event in relationship with the financial and operational restructuring of the Group: WINTECC EQTEC HERITAGE Smart Waste Gasification New patrimonialist businesses EBIOSS ENERGY, SE
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W W W .AND B I OR S S .C OR M 1. Focus group activity around Smart Waste services and projects, waste gasification and a new patrimonialist line that is in this moment designing This leaves the investment intensity required by the projects owners of energy production. 2. The group has simplified its structure with the following movements in progress: to. Voluntary liquidation of the Syngas Italy company. The plant in Italy is a R & D plant that supposed costs for the company that we are going to liquidate due that has ceased to be part of the core business of the new strategy of the company. b. Putting up for sale energy production and distribution plants biomass in Bulgaria. It will suppose the elimination of such assets, of their financial adequacy requirements, and especially its liabilities associates This operation has been mandated to a financial entity. c. Last Friday, October 5, 2018, the agreement reached was made public on September 14, 2018 to carry out a corporate operation under of which Ebioss has sold its stake in the Winttec SGPS parent company to its minority shareholders, (which is the one that holds the Portuguese subsidiaries and Brazilian) remaining the Spanish, Bulgarian and Greek subsidiaries, together with the Smart Waste technology. d. Subsequently, and by virtue of the financial situation and the forecast of short-term treasury and the difficulties in facing the upcoming maturities by Winttec World and TNL, SL, Spanish subsidiaries of the group, last 8 October 2018, the communication provided for in Article 5 has been submitted Bis of the bankruptcy law before the Court of Barcelona with the aim of making a restructuring plan. and. Completion of personnel restructuring. The current total group template is located around the 33 employees, compared to the 107 employees closing the 2017 3. The Company is finalizing the negotiations for a capital increase not money, by virtue of the General Meeting of July 15, 2018, which I delegate to the Council such power. This expansion will include strategic assets that will allow strengthen the business of Smart Waste since they incorporate own and new production contracts in the Eastern European area to earn in sales margin. It will have as minimum target a capital increase of 10 million euros. 4. Obtaining financing in the subsidiary Eqtec Plc. As announced in the AIM of London through the relevant Relevant Event on September 27, 2018, society has obtained with its lenders to extend up to 10 million pounds its financing, guaranteeing the money needed for the development and enhancement of your pipeline.
RELEVANT FACT EBIOSS ENERGY, SE October 10, 2018 Under the provisions of Article 17 of Regulation (EU) No 596/2014 on the abuse of market and in article 228 of the rewritten text of the Securities Market Law, approved by Royal Legislative Decree 4/2015, of October 23, and concordant provisions, as well as in Circular 6/2018 of the Alternative Stock Market (MAB), we inform you of the following Relevant Fact relative to the company EBIOSS Energy, SE. RESTRUCTURING AND CAPITAL EXTENSION EBIOSS has decided to undertake an important process of financial and organizational reorganization, after five years of enormous intensity in both organic and inorganic development, from that began trading on the Alternative Stock Market (MaB). As a result, on August 9, 2018, the Board's decision was communicated to the market. Management of the Company to proceed with the restructuring of its financial debt to make it sustainable, as well as the completion of its process to reduce corporate costs, as a result of the analyzes carried out jointly with an international expert of recognized prestige and specialized in corporate and financial restructuring. The objective of these actions at a financial level is the drastic reduction of indebtedness group to make it sustainable and ensure its viability, concentrating resources in the productive assets linked to the group's Core Business, the operations closest to the generation of net cash, and the most efficient and profitable projects. Likewise, the board of directors initiated the procedures leading to the materialization of an important capital increase that will make the balance sheet more solvable once restructured, preserving shareholder value, and ensuring continuity and visibility of the group. With this, EBIOSS will achieve a much more competitive structure focused on the development of their businesses around the two huge growth sectors that concentrate their advantage technological, and a third branch of budding activity of patrimonial nature:
https://www.bolsasymercados.es/mab/documentos/HechosRelev/2018/10/00025_HRelev_20181010.pdf