Member Info for BNino33

Primethinker you say for the ‘last few years and months’ it’s been down.

Go back much further. David Palumbo, Jeff Vander Linden and Co, constantly marketed a company who had the ‘pipeline of pipelines’, plants in the making in multiple countries, collaborations, MOU’s and waste to energy tech nearing completion which was world leading. Did any come on line and work at optimum level. Did the company expand because of it and increase its value from well over 60 million. That constant narrative, saw the masses invest believing it all. Did North Fork open (look at their posts), Italy ever work effectively (lack of posts giving progress) Croatia, the plants elsewhere. No, investors saw no longterm business plan, no budgeting or adequate cash reserves, constantly changing direction and the strategy of placings, consolidations and more countless placings, until investments were worth a pittance. A small company, with a small workforce, being paid handsomely and stretched across the globe to oversee all these projects. It was not our pockets that were lined with gold.

There is something called fiduciary duty which company directors must adhere to; they can’t erase years of public narrative that all those investors believed. The response to those many concerns, silence. Read the board all the way back.

No business model follows the process of repeatedly issuing shares, consolidating, issuing again until the company is brought down to its knees - a world leader in what.

Think back to all the communications over the initial years of tenure - others also gave out the same narrative. Doesn’t make a difference if this is AIM or not - If an investor has purchased shares based on false or misleading statements made by a Director, then a claim can be brought against them.

And of course you’ve been around all of five minutes -

They had opportunities to prepare and showcase the tech and get interested parties on board, if they had concentrated on getting just the one projected off the ground - looking at alternative solutions to global issues, and areas that have experienced the horrendous effects of wild fires.

The sheer lack of basic business planning, strategic longterm vision is glaringly obvious to anyone who runs business, knowing what staffing levels and skill mix you have available on the ground, to even be able to get just the one project over the line - none of this was even thought through. What was the agenda here? From where I’m standing, those at the top of the organisational structure, seem clueless. Not even the common decency to update investors or answer emails.

Northfork, where are we?

Italy, is it operating to optimum levels.

Some on here posting are Eqtec and they know who they are and have gone quiet. How do you manage to squander over 60 million with nothing to show for it - how do you explain that one on a CV.

Those videos, LinkedIn posts, ridiculous tweets and RNS’ were completely misleading with ‘multiple pipelines and MOU’s’ that they clearly knew they could never deliver. It is utterly despicable to encourage investment when you know you neither have the tools or what seems to be the know how to achieve it.

Where are the experts in this company, those best of the best engineers, the business managers. What is a conscience that allows you to take such huge salaries for so very little in return.

Not sure if this has already been posted:

https://carbonherald.com/dnv-carbon-capture-hits-inflection-point-set-to-quadruple-by-2030/

One wonders how you can effectively lead a company, when you have 10 active appointments overall. Exactly which one is taking priority.

‘Most people who have run companies under pressure probably do not see it the same way’

You are damn right Simms. I would have worked to a business plan, analysed future projects, resources and capital investment and overheads. Reviewed skill mix, numbers on the ground, location of plants, set achievable targets, getting one up and running to showcase. It is highly evident that he does not have the experience he states he has. He’s spent time harping on about world events, wars, pandemic etc. all the more reason to do the above and plan for business continuity in the event of it. Schoolboy errors as you will know Simms if you run a business.

Simms, you have been stating Northfork is imminent for however long, and it still isn’t. Neither are any of the other projects. You don’t get something for nothing; CompactGTL will not just remove 5ml worth of debt. Have you ever studied business? How long have you been invested or better still, working on their behalf?. Week in, week out, you put out the same narrative, but none of it comes to fruition does it. Why is that? Do you honestly think this company is well led, what have we got to show for the ‘50+ ml invested’? You might need to work on that answer. ‘Apart from bleeding some cash, financially we are in a better place’. One word Simms, really?

WordSpaggheti,

You clearly know a lot about Eqtec, you’ve done your homework in the past few weeks since you joined. Were you invested when Gerry was leading this company as we all were?. Thought not. Most of the guys commenting have been here years, before it hurtled down Dave’s slippery slope. Very basic business management means when you have in excess of 50 million in your pocket, you don’t throw it around at multiple projects, in multiple countries when you don’t have the manpower or skill set at each location to cover it. You concentrate on just the one, get it up and running at its optimum level and showcase it. Dave and his expert engineers have been tinkering with NorthFork and forever. I guess when you’ve also got your fingers in many pies (career to date around 45+) you’re not going to concentrate on the one company. What do I do for a living, manager business.

If you want a quick turnaround for your fifty quid, maybe invest elsewhere. ;-)

Khorud, ‘How do you know’ - because you are one of them.

What are we expected by the end of march then??

Silence!!! Do you honestly believe there would be anything else.

I can see that the regular Eqtec employee posters on here have retreated - getting a bit embarrassing now guys,

keep stating that there will likely be an announcement soon. Northfork has taken how long to date?. For some of us who’ve been around here many years, how many times have we heard the aandi’s and simms of this world claiming news is around the corner. Wonder if they get an extra payment in their monthly wage packet for bleating rubbish.

If you know so much why are you spending so much time on this particular board. Surely an expert like you has better things to do. Name your company visitinghost and we can learn so much from you. Better still google hydrogen green energy and you will get plenty of big news releases this week alone.

They are indeed, but how many years have they now been working on Northfork. Do you think the government will invest in a company that takes forever to get the tech up and running - and that is just to showcase the technology over there . Not even at that point and it seems the management team are there just to drain money out of this company.

Https://www.gov.ca.gov/2025/01/13/california-forest-management-hotter-drier-climate/

Watching the footage of those ferocious fires has been sobering for us all. This technology can play a huge role in clearing natural waste that is so high risk in extreme weather. Its just got to happen soon and get the doors thrown open to showcasing it over there. They surely have that as their focus and not lifestyle - one would dearly hope so. This event again puts the issue of forest management high on the agenda for the government.

DP, IP, do you fancy watching BBC2 @ 7pm - Los Angeles Wildfires. Do you remember, you’ve got a bit of technology that might help? Might be worth something if you get it up and running . . . oh yes, meant to say, that’s this year . . . 2025. I know you struggle with dates and completions.

You clearly manage business then Khorud, as I do and will recognise their business plans (lost count of how many), were never based on a strategic longterm plan.

Simms,it is clear you are directly connected to the company. Please read your posts back. We don’t need to ‘imagine Eqtec going bust’ a few years back; it has been atrociously managed with someone who clearly doesn’t have the necessary business credentials to successfully lead the business. Ridiculous comment to make. They have consistently over the years misled investors, particularly with their hype about their pipeline of pipelines, multiple projects, MOU’s etc. They were forced to take action and change model because of mismanaging so called projects and funds, throwing money around when they didn’t have the infrastructure to support their big ideas to lift multiple projects off the ground. Count on one of your hands how many are up and running. They never had a business plan whatsoever or longterm strategic vision, basic stuff . . . really basic stuff - and for a ‘leader’ who has been associated with so very many businesses. If they did, they would never have adopted so made failed ones. Don’t blame the ‘snake oil partners’ blame the one who has driven this into the ground. Cut your cloth according to your means.

Simms you are directly connected to this company, come clean.

They have totally misled the markets and shareholders, just sit and listen again to the interviews and their RNS’. It’s not FCA that needs to investigate them . . .

Simms, how long does it take for them to complete a project from beginning to end? With those 28 staff, who supposedly are made up of the best of the best, which DP and JVL admitted we’ve paid more for - how long does it take for them to get a plant up and running at a continuous optimal level? We are talking years and we are still not there - look at Northfork. At a time when there are more wild fires raging in California and in the UK a government wanting to put miles upon miles of solar panels everywhere, where are they in showcasing it all. If he had an ounce of business acumen, he simply would never have made such errors with his various ‘business plans’ and we’d likely be in a different place. I for one most definitely did not vote to keep him on board. On the back of all of that, you are wondering when the next decent order is going to come in.