Member Info for Bampster

Yes Hedgehog I meant that those results were due in September.This is what Trevor Wells said we should be looking for.He sounded very upbeat!!!

not sure what disinformation you are alluding to but directors of OCT have been paid an awful lot to get us to this all time low point.I don't think the money paid for 10% of GIS looks such a great deal as when they finally had to give figures the net profit had slumped.Trouble is most peeps won't have looked into this and the buying of shares in a company controlled by the the main shareholder where values have slumped, still someone will have done very well from all of this but not OCT smaller shareholders!

Re Hedgehog,I suspect he may have the best connections here and his detailed and supportive posts suggest that.Don't think he has ever admitted talking to anyone at TGL whereas I have no link or connection but have always told them that I would be posting details of my conversations on a share forum.That said I always find his posts really informed and helpful!

I don't think AIM will have a problem with the way TGL are now going to move the GOS situation along.It seems that they just wouldn't treat the deal as meeting their strict rules so TGL have to do the same thing but another way.Franz Forrester was all positive when I spoke to him last and Trevor Wells was adamant that the last thing they wanted was to be forced to take this private,they want/need the AIM listing and the added bonus of the link with Cambridge Quantum is now confirmed.I think the GOS figures to Sept will be really great so happy to be locked-in with no sp worries now.If it all goes to plan I can see a huge rise when GOS is re-listed!!

I am watching and the lack of RNS yesterday suggested to me that this would happen.I am happy with the RNS and your interpretation.Gamblers are now locked out.In my last chat to Trevor Wells he stressed how the results to Sept were the important ones so I hope we stay suspended til then and once all the ducks are in place we can re-rate big time.No sp worries,manipulation or trolls to worry about now although my other 'Shell'RTO has just proved to be a disaster.OCT,whose sp has sunk over recent months finally announced their RTO and with the great news and consolidation the sp has fallen further.Different quality of management here thank God!!

Maybe some peeps trying to average down as surely there is some value here now GIS has been tidied up.I won't be one of them!!This share has been an absolute disaster and the money paid out for overseeing it is a scandal.Hands up who recommended HUME as an investment? That wasted £60k could at least have gone to the outstanding directors who have overseen the collapse of the sp during their tenure!!

SP is at low for the day and lack of good communication over months from OCT B.O.D has sowed the seeds here.It will need some spectacular news to stop this from sliding

I see in the OCT accounts wages went from £36k in 2014 to £394k in 2015. £126k for Mr Strang to oversee a huge drop in sp leaving it at a record low for the year.Purchase of stake in HUME and now a great RTO that is already plumbing new depths in sp after just one day.This really needs someone like Doc Holliday to do some in depth analysis.Some thoroughbred,some money making machine!!!

If there is no RNS during trading hours I suspect it is due to imminent suspension as we may not have met the RTO requirements.In a way that is not a bad thing as markets are shaky at present and not being able to trade for a few months could be a good thing if we eventually do the deal that qualifies as an RTO.We would then have a good 6 months of GOS trading figures under the new regime!

Chats,I am just stating the obvious.Huge drop in profits which may be due to clearing-up old loan situations etc but also big increase in overheads so lots of transactions is not great if you are spending lavishly at the same time.The £1/4 million package for Mr Gunn's services seems a very good deal for him but I can't now see smaller OCT shareholders like me breaking even anytime soon.As for the'intention' to pay 50% dividends if they make enough money, well what do you think. This is starting to look like a great deal for one or two people.I suggest everyone studies all the pre-RTO documents and then the results for GIS.It looks like .18p pre-consolidation was a great price to sell at as I would only have been down about 60%. Those well paid decision makers that bought us HUME have probably done it again and I can see this sliding further for some time.I think the new directors should forego remuneration until the sp reaches the levels at which DL was tweeting about the great prospects here.This becomes a bigger disaster by the day!

Huge drop in profits at GIS.This is really alarming!!!

Well once I can break even I will be out.People dream of being in a share that becomes the subject of an RTO and it appears GIS is very profitable.Then you ask why the sp hasn't flown,look at the fall in sp even as we were being told all was great and then start to analyse the private company being reversed in,how it is controlled and all the loans and inter company transactions.It will be interseting to se how one man's personal fiefdom will transfer to a public listed company and whether smaller shareholders of OCT might benefit!

This could and should have been a serial multi-bagger but apalling lack of news and details regarding information on GIS helped the sp plummet to an all time low.I think small shareholders will be wishing,like me, that they had not got involved when the sp was around .50p.At least you have got in at a low point but I still think the sp will fall further after the 11 for 1 consolidation.

So we will now have,effectively, a new AIM company that is the RTO of G.I.S,formerly a private company mainly owned and controlled by one man.With a private company you can effectively do what you want especially if you own most of the shares.I guess you could buy shares in another company that you own,even if that is not a particularly sound and growing proposition. In the case of G.I.S,I see that £240,000 was paid annually to another company for the benefit of Mr Gunn's services and this agreement seems to have been 'rolled across' to the new entity.That seems a collossal 'salary' from day one for an AIM start up or am I being unreasonable?

Also noticed unsecured loan of £527k to Mr Gunn in March 2014 increased to £732k on 30/9/14 on the GIS accounts info.I guess when you own your own private company normal commercial considerations are not relevant!

Yep, it would have been great to have had all or any of this detail in all the months whilst our sp has plumetted.Interesting that GIS have seen profits fall year on year March 2013 to 2014 and for corresponding Sept 6 month figures for 2013 and 2014.Perhaps we overpaid for our initial 10% investment?Quite a big drop in the annual figures over the 2 years. Doubling of salaries clearly contributed. Interesting investment in Mr Gunn's company Inspirit Energy that has seen quite a fall in value.Also substantial loans to director. These are just some random thoughts as I am not an accountant and reading a lot of info as a layman. As I said before turning over zillions of transactions doesn't mean growing profits.You make growing profits by increasing your turnover/ sales and controlling your outgoings. Our big hope to break even on this share is the fact that 'the concert party' seem to be locked-in for 12 months leaving a relatively small number of shares available to trade.

This share is now at a one year low and like a lot of people I am over 50% down.Shareholders were never given substantive detail on what the original 9.9% holding in GIS was really worth or how it added value.Unless we see a substantial rise after the RTO is completed a lot of questions are going to be asked.The lack of communication from OCT has been appalling

Yes it was me who spoke to Trevor Wells and I can't see a good or moral reason why TGL would allow themselves to become de-listed.It is a shame that it has been allowed to go so close to the wire and if we were suspended on Tuesday it would seem like a bad misjudgement.Whichever poster on here has a direct contact with any of the board or their advisers would do well to suggest that the sp has been badly affected by the 11th hour scenario and an RNS today would be a big help. Still can't really believe that all those paying .55p in the recent placing did so not knowing the likely outcome!

With all Mr Khan's knowledge,connections and experience I can't imagine that he would allow this share to be suspended as a result of not fulfilling AIM's requirements.It would be a huge blow to his credibilty if he and his advisers got this wrong so let's expect a bumper RNS on or about 30/6 saying we qualify and here are results and a note of forward orders!

Yes,it seems unlikely that TGL would allow themselves to be de-listed and clearly GOS and the link with CQ is the main deal.Can't think AIM would disadvantage shareholders as a result of the GOS purchase after the funds raised and put in to develop it