Member Info for BadApple

I wasn't saying nothing bad about sfu, he seems like a nice person. I like him. It's like all the tips that get posted. No volume, no posters, appears to be near the bottom, low shares and low free float. All you have to do is time them right and then you can say they were all lucrative if timed right. The guys taking the position first and then sharing their one sided reasearch are often first out and in the time it right camp. I don't have any beef or history with anyone. I do this for a living, it's how I put food on the table and I take it very serioulsy. I see a trade here once funding is sorted out but I wont accept one sided views as it's never that easy is it? There are three hurdles to over come before anyone could say this is a buy. DD has to be carried out. DD has to be accepted and meet the criteria set out by santander Rame need to then advise the market how the fund their 20% Once that has been achieved you can then start looking at next year but right now the 31st of December is key. Forget all the links and blue sky stories of riches at the end of the rainbow. They 3 items are the hard facts and need to be delivered. The closer this goes to the 31st of December without news the closer you will get to the bottom. That's why I said 5 weeks would be wise before taking any position.

I just seen all the hype and 100's of posts and links on various other platforms so I wanted to see what all the fuss was about. The board was so quiet before as nobody was interested since the IPO. I know it's been said it was overlooked by the market but that's not true. The market never over looks value which I'm sure you know. Value is where money is made and the market is the investors and they investors know where value is before anyone on these threads know. That's why this was over looked, it's widely known that it will need to find cash. What about you? How did you find this?

No chance of raising funds at a higher share price or they would have just issued 1.5 million shares at 20p and saved the company the costs associated with the loans and crippling interest rates. The terms of the loan indicates the scale of the risk. Project paying 6% p.a? what's the companies cut on that? 6% of what mate?

Thanks for that. So the loan was short term only so more cash needed as we thought then and soon? That's in line with my thinking from the out set here. They will also need more cash to pay off that loan as well or they ge stung with extortoinate inrterest rates. Interesting. All coming together. No matter how you look at that loan it's a catch 22 ? If they pay it back early they are penalised and if they pay it back over the full term it could cost £1 million plus?

That's old news and we are almost in to 2015 now. Whats your thoughts on the loan terms? There appears to be a catch with this. Because it's paid in arrears and over a 5 year term and the increments of the loan is wonga like. What would be the toal costs of this loan if repaid over 5 years? any Idea? For the first 12 months the interest rate on the Loan is 8% p.a., payable quarterly in arrears and after 12 months the interest rate shall rise to 25% p.a., payable quarterly in arrears. If the Loan is redeemed within six months of issue, the Company shall pay 104% of Par; if the Loan is redeemed between 6 and 12 months from issue the Company shall redeem the Loan by payment of 106% of Par and if the Loan is redeemed after 12 months from issue the Company shall redeem the Loan by payment of 200% of Par, together with any accrued interest.

sure thing and you.

New to these boards but have used other boards. I'm a self acclaimed investigative journo who writes for various blogs (I will keep private) etc so you may well have stumbled on a few peices I have done regarding the FCA and message boards and certain aspects of AIM. First and foremost though I am a happy go lucky type who loves investing in solid stocks. Not easy to come by on AIM.

It's OK mate. Speed reading is a bad habbit of mine.

here it's again mate. I think you go the wrong end of the stick. read it over once again. I've been investing for 15 years and I mean at the sharp end of the market. Currencies, bonds, prime real estate and so forth. It's just that I have seen this type of thing a 100 times so now I look into things properly and cash always ends up being the center of any invesment. I will give you an example of a absolute cracker and it's worth watching out for and especially for anyone who's new to investing. One stock I was watching (I won't mention) there was a group of guys (I won't mention) who had a thing going on. let me explain how this works and what these guys done. They have a couple of semi respected posters who have built up a little fan base with a few uneducated investors (sheep) and these guys just follow them about and hope the superstar's are as good as their word ( they aren't). The Superstar seeks out his next venture by scouring the market for a stock which the gangs criteria for a quick 40 to 50% giving him the required quota for each stock they can move. The criteria goes like this. Low free float Small amount of shares in circulation They assume the stock is near the bottom (always dangerous as it never is) Volume almost flat to almost non existent and always claim the seller has gone. BB completely quiet so they can exercise control (their BB) They then buy their stake over a period of a few days without mentioning a thing on the BB or social media. They never use ADVFN as they can't exercise control like on other sites. What happens is the fan base they built up are enticed via various forms of social media that the so called superstar is about to tip them a stock. So these sheep who can't think on their own sit waiting on the nod. Once they get the nod you can be assured that's when the superstar and his mates have already bought their stock and then the spamming of the BB and retweeting of tweets will commence. They then Spam the BB with positive information and links to various positive articles. Whilst simultaneously burning the skin of their fingers tweeting to all the sheep to make it look like various tipsters are all on the same song sheet. (clearly the same people doing the tipping) You will never see them dicuss the finaces or need for funding, it's always just positive projections with no consideration about how they get there. I've seen it a 100 times and like I said, it's worth it's weight in gold that advice.

read my post again. I was giving you an example of something I observed on a number of occasions and I never mentioned any names nor accused anyone. It was to help you understand how these kind of people operate. Well meaning and intended as a marker.

Thanks. I'm glad someone can see the merrit on having the cards on the table.

I've been investing for 15 years and I mean at the sharp end of the market. Currencies, bonds, prime real estate and so forth. It's just that I have seen this type of thing a 100 times so now I look into things properly and cash always ends up being the center of any invesment. I will give you an example of a absolute cracker and it's worth watching out for and especially for anyone who's new to investing. One stock I was watching (I won't mention) there was a group of guys (I won't mention) who had a thing going on. let me explain how this works and what these guys done. They have a couple of semi respected posters who have built up a little fan base with a few uneducated investors (sheep) and these guys just follow them about and hope the superstar's are as good as their word ( they aren't). The Superstar seeks out his next venture by scouring the market for a stock which the gangs criteria for a quick 40 to 50% giving him the required quota for each stock they can move. The criteria goes like this. Low free float Small amount of shares in circulation They assume the stock is near the bottom (always dangerous as it never is) Volume almost flat to almost non existent and always claim the seller has gone. BB completely quiet so they can exercise control (their BB) They then buy their stake over a period of a few days without mentioning a thing on the BB or social media. They never use ADVFN as they can't exercise control like on other sites. What happens is the fan base they built up are enticed via various forms of social media that the so called superstar is about to tip them a stock. So these sheep who can't think on their own sit waiting on the nod. Once they get the nod you can be assured that's when the superstar and his mates have already bought their stock and then the spamming of the BB and retweeting of tweets will commence. They then Spam the BB with positive information and links to various positive articles. Whilst simultaneously burning the skin of their fingers tweeting to all the sheep to make it look like various tipsters are all on the same song sheet. (clearly the same people doing the tipping) You will never see them dicuss the finaces or need for funding, it's always just positive projections with no consideration about how they get there. I've seen it a 100 times and like I said, it's worth it weight in gold that advice.

Rames end is 20% so approx $15 million required to meet santanders requirements for investing. It's going to hurt pi's imo. That's why I'm saying that once the DD is complete and if the DD is accepted waiting on the RNS to advise on funding is they way to go before investing. Does that make sense mate?

No problem with raising funds, I guess it all comes down to at what price and how bad share holders are affected. That was my point about buying now, it's a blind buy and with AIM listed companies operationg in foreign companies it never favours the PIs. The terms on that loans should be a indication of the type of funding going forth. You would not comit to such rates unless you were very desperate to get cash. How much of a discount could that mean when the fund raising comes? Get the DD done and if santander agee to hold their end of the deal then RAME need to find $15 mill. Now it's all about how the raise it and at what cost to investors. That the bottom line as far as investing here. Anything is beyond DD is just complete speculation. That's the bottom line here. All the energy needs of the world are currently eased with low oil prices and with oil prices expected to fall even further obtaining funding for wind projects is not going to be easy.

Those rates are actually crippling and worse than wonga. I think funds would need to be raised it it would mean dilution.

It's ok mate. I found it. For the first 12 months the interest rate on the Loan is 8% p.a., payable quarterly in arrears and after 12 months the interest rate shall rise to 25% p.a., payable quarterly in arrears. If the Loan is redeemed within six months of issue, the Company shall pay 104% of Par; if the Loan is redeemed between 6 and 12 months from issue the Company shall redeem the Loan by payment of 106% of Par and if the Loan is redeemed after 12 months from issue the Company shall redeem the Loan by payment of 200% of Par, together with any accrued interest. That's not very good rates and there is no way on this earth that you could borrow your 20% needed based on those kind of rates.

whats the interest rate on that loan mate? Who will loan them $15 mill ? and what kind interest rate could we expect on that?

Once the DD is completed that cash position appears to be exhausted. is that a fair coment? I'm sure you will appreciate that pay back on any completed wind projects will not happen over night and will take time.

I didn't feel we were going round in circles mate. We were discussing why companies list on aim and why you didn't care that RAME don't appear to have any cash. I was trying to tell you that cash is important as an invesment case because without cash you will be subjected to dilution. Lets face, dilution is the enemy to investors and you have to get yout timing right in these instances. For example you said you are happy to get in early but then my view would be getting in early is getting in on time for dilution if a company doesn not have cash? Does that make sense? Rame appears to have exhausted thier cash hence the need for a placing and then a loan. I think you maybe got in here to early as they will need to fund they're 20% which is approx $15 mill. Just trying to give some balance and help anyone looking in get a more balanced view. 500 + positive posts in just two days with no discussion regarding the actual cash position as it appears needs to be balanced out I'm sure you would agree.

Why would you want me to shut up? Have I said something that's not to your liking? More than happy to discuss it with you, I never intended to offend anyone. I will not accept what's said on a phone call to be criteria to invest and I'm amazed a fellow investor would suggest such. Official RNS is what we wait on for all company related news.