Member Info for Bigears1170

Https://www.wsg-corporate.com/news/westminster-community-secondary-school/

🤥Good to see the Westminster foundation doing its thing out in SL 🤥….a remarkable achievement to have been helping out since 2007 ……. 🤥a whole seven years before the Westminster foundation was established……and five years before they set foot in SL 🤥

Wouldn’t you think the BOD would be gobbling up these golden tickets at these give away prices …..🤡 free money and all that ………🤥

🥱 …….😴😴😴😴😴😴😴😴😴😴😴😴

KSA 😂😂😂 ……….security JV four years old and haven’t sold them a padlock ….. (o:

Indeed Yrabs - Reduced ( drastically imho) revenues at Lungi and Tema to come to an end in June 24 ( at the latest) …..|o::

😴

Vander

The note on Freetown is a typical Fowler word salad.

He cites the new / replacement of security equipment by Summa as being the reason they reduced their fee - this is complete carp.

Note 8.9 in their original contract states the following;

“For the avoidance of doubt all new security equipment or security services required at FNA outside of the original scope of this Agreement will be procured via Westminster under separate agreement”

So the supply of any equipment was never within their $39.00 per dep pax.

In respect of revenues moving forward only Fowler with his magic calculator could try and assert that a reduced dep pax fee doesn’t affect the economics of the project with the changes being “beneficial “.

Nice spot Misty 👍

Original Finals date 28th April - Missed

Revised Finals Date 15th May - Missed

Revised Finals Date 31st May - Missed

He and his BOD have an obligation to be forthright and transparent with shareholders.

What we see playing out here is an untrustworthy, manipulative contemptible bod who are wilfully withholding price sensitive material information from the market , that information would imo have a significant affect on the viability of this POS as a going concern.

He has to rank as one of the worst CEO’s in the cesspit of AIM…..self first , self last ✊💦

Agreed Yrabs , Typical Fowler with his weasel words .

To give the Finals context, BP posted their $250B YE numbers on 7th February , so 38 days from YE …….Tin Pot Westminster have been “DELAYED” for 33 days so one can only imagine the can of worms the auditors are wrestling with 🤥

So it’s the flip of a coin with just a couple of trading days remaining yet Fowler isn’t capable of advising which one of those days finals will arrive on !

I’m getting the whiff of an Auditor that doesn’t like the numbers he’s been asked to sign off ……….🤔

Manx

“I hope for Pete and his family there can be some better days ahead” 😇

I’d be more inclined to spare a thought for those that put their hard earned cash in on the back of phantom hundred million dollar contracts and the dire mismanagement of the company under Fowlers watch.

If it makes you feel any better the Fowler family trousered £520k out of the company at the last YE accounts excluding pension contributions ✊💦

I wonder if I’m alone in thinking Fowler & his Nomad have been walking the regulatory tightrope with their “selective” reporting on the two profitable arms of the business ?

IMO It’s absurd to think there has been no material news on either Tema or Lungi in the last seven months , yet nothing of note has been reported to the market.

In the 2020 finals Tema & Lungi Revs were £4.5M ,yet even with said revenue the going concern statement leant on “ new long term contracts “ & “ continued shareholder support “ to put some meat on the bones.

In the last trading update Fowler also said new contracts would mitigate the loss of Tema on 2023 revenues 🤷‍♂️

Remove Tema & Lungi ( the latter in its original format ) from the forward looking statement and try and square the circle of £4.5M in recurring revenues at 46% margin taking a monster hit ….. !

My guess is Fowler is trying to get some LT contract ( probably in some banana republic) over the line so that he can somehow embellish & fatten up the cash flow forecast moving forward……🤥……..AIMHO

How does it take 5 months to prep finals

for this tin pot outfit …? My guess is the auditors are wrestling with the numbers to sign this POS off as a going concern - absolute dog of a company

2016 FDA granted Lartruvo fast track designation, breakthrough therapy designation and priority review status because “preliminary “ clinical evidence indicated that it may offer a substantial improvement in effectiveness in the treatment of STS

Q1 2019 Lartuvo sales $562m = $2.25Bn PA for STS alone .

Average Ind Multiplier ( 8.9x)

$2.25Bn x 8.9 = $20Bn/ 300m (max shares) = $66.60 pr share

I’ll wager the questions the choose to answer will be cherry picked by Fowler himself …..(o:

100% is was 28th as I looked last week.
The books clearly need a little more cooking .

CJ62
Because offering this opportunity to many AIM “investors” is like giving an Apple Mac to a one year old to play with, they start playing with the box ….. IMO there are too many constantly chasing the overnight 10 bagger - AS has now started spoon feeding the AVCT investment opportunity so let’s see if how many see the wood for the trees ?

My guess would be a CBILS Covid loan ,interest free for the first 12 months.

That Yorkshire bank charge over Bumbly would have satisfied that requirement under the terms of a Covid loan.

Thanks for the reply JT.

I concur with Yrabs 18.18 post, what I’d add is that I believe Liberia to be dead , Medtech were on site last year & not a peep out of Fowler & no mention of Westminster on their website. I suspect they used WSG to win the contract then dumped them just like Scanport at Tema.

DRC …..! one of the most corrupt countries on earth. I’d hazard a guess that the MO out there is you get dangled a contract carrot and you then have to produce the brown envelopes, no brown envelopes = no contract .
Outwith of the miners any company looking for work out there must be pretty desperate

I genuinely wish you and others here well with your “investment”….