Member Info for BNino33

https://www.msn.com/en-gb/news/world/france-portugal-spain-agree-on-med-green-energy-corridor/ar-AA13c2fF

I guess we all find your inability to accurately describe a total collapse of a stock hilarious too! Not sure what a ‘deaf’ spiral is!

Need to prove themselves with a timely closure . Apologies for typo

But that’s the key line ‘I haven’t got the time stamp’
The company have created that scenario which has affected confidence in them and the business. Forget the tech, if you can’t concentrate on just one project and close it in a timely manner, you expose it to so many more risks, the same risks that other companies supporting you will also be experiencing. The landscape changes - they should have budgeted for every eventuality, directed resources appropriately, particularly as they’d seen the impact of a world event, COVId. They’ve learnt the hard way and they are supposed to be a board with combined experience in business leadership and finance. Now they really do not to prove themselves and fast.

Thanks very much for analysing me Chadvines, much appreciated - but you are wrong with the price I paid - better luck with your abacus and your dot to dots. Do you not have anything better to do than count how many times I’ve posted

Running out of patience with a management team who love to gloss over things though - I run a business with a lot more care than they do.

Quit singling out individuals and concentrate on facts

I think this BoD have been completely misleading in what they stated historically and then backtracked on. I keep repeating the same thing over and over that they needed to close a project to gain credibility in the wider world.

They didn’t read their business plan when COVId hit and the implications to it coming out the other side. Back then they should have put all their efforts into getting one over the line. They carried on regardless and continued to spend, putting their fingers in too many pies, instead of waking up and smelling the coffee and adjusting the plans to allow for the challenges. This guy and his mate are supposedly successful financiers, you wouldn’t think so. They could have prevented some of this by planning ahead and making changes to the business model sooner. You can blame COVId, the war etc. the current climate b - it doesn’t change the fact that you have to factor in such eventualities as delays in the supply chain before stretching yourself even further, particularly coming out of a world event. They didn’t and they kept on spending instead of pulling their horns in. Schoolboy errors.

People who post on here that it’s time to top up - would you keep throwing money at something you purchased but it hasn’t actually shown itself to work? Would you buy more? That’s what the big guns are thinking and why they continue to run to the hills. Scary times and what the hell do they hope to raise with a potential placing at such low levels. Pass the baton boys and let someone have a go who knows how to run a company - they are having a play at it with our money like it’s some kind of a board game. Shambolic and shameful management team.

I’ve always strongly felt that there are others out there working hard to get their tech noticed too. If you look back at the interviews, they have stated over many months they are ‘confident’ but then have announced later that they are taking their time to get things right or there has been another delay. We wait patiently believing the next announcement to be one of significance - news that will finally confirm we have achieved closure, just to be left deflated. ‘Getting it right’ should be a given and going on in the background anyway - there are enough engineers listed and a university assisting with modifying the various processes and testing for the future. They don’t seem to realise that missing deadlines repeatedly has a detrimental effect with confidence in the company to be able to deliver but also of course both financially and in getting yourself noticed and ahead of the game. At this rate we will be forever chasing our tail and making changes just to keep up with the next preferred solution that those investing in it want. It’s been frustrating to watch and to pinpoint any timelines of project closure.

Tigermunchkin,
Thanks very much for your lecture but I’ve done my homework. If you clearly think comments made on here will influence and put others off investing in the company then that really is a worry. It’s insulting to most too. The fact is Eqtec have made poor financial decisions and have failed to close a project on time. That is factually correct and all the due diligence in the world will underline it - that’s stopping this from progressing.

I think the ones you are referring to as being called the ‘rampers’ tend to repeat themselves over and over again and anyone doing their own due diligence would actually view it as a bit of a red flag. No problem with both sides of the coin but at the end of the day the financial situation is a worry.

FYI I am on the other sites sitting watching and listening in the background. I’ve had this in my portfolio for well over 2 years now - thanks very much for your advice!

We will know more first thing Monday as the earnings report will be released before market. Why do I feel so nervous . . .

I think what’s also been frustrating is listening to previous interviews when they’ve stated that they are ‘taking their time to get things right’. Well what exactly is that timeline?

Clearly they haven’t got it right so far where finance and deadlines are concerned and dragging their heels has cost them dear. It’s been more than detrimental to them.

Who cares about the pipeline compared to ITM - it is pie in the sky until you gain the credibility of getting something over the line.

This is why Eqtec needed to get their finger out - may not be the same process but the article speaks for itself - this company are now getting increased interest due to it being operational.

https://www.gasworld.com/kiwa-launches-new-uk-hydrogen-plant-and-demonstration-site/2023757.article

Hopefully that appointment will help in recognising the work of smaller companies and how their tech can play a vital role - it’s up to the company now to double their efforts where marketing’s concerned and make sure their voice is heard and the tech is on show and operational in the very near future.

I agree that if you have an alternative opinion on this board you are publicly chastised as not understanding the tech, the business or future plans, you don’t like the BoD and you need to sell up. I think recognition of some poor financial decisions and the failure to close a project in a timely manner is hard to swallow for some and it’s easier to criticise those who highlight it. The debate is always good to read.

Not sure if this link has already been included below - apologies if it has

https://www.marketwatch.com/press-release/gasification-market-2021-reach-valued-at-66372-billion-and-grow-at-a-53-cagr-forecast-to-2028-2022-08-29

Pick any random stock and it more than often says the same at the end but you need to sign up to see what it is.

Maybe the board will have news out of that meeting of grants they’ve applied for - you would think with all the fires that have been raging across the globe, it would be a factor in getting things moving forward at a quicker pace now. Maybe those are lengthy processes too - you’d hope not.

You say the rumour is DP is in America - there is a North Fork Board Meeting on 23/08

Did you ever sign a confidentiality clause in your contract with engineering company

World leading technology which we are buying components for on eBay because of covid, manufacturing delays and a war. My gosh what have we invested in. Those spinning plates hey - good job we have some business in Greece because they could come smashing down.
Let’s hope not ;-)

Have you ever managed in business??? Spend now to grow faster??? We haven’t even managed to drag ourselves over the finish line with one project. Where exactly does all this money get generated to spend??? Loan followed swiftly by a placing, aka us, Bank of their Bottomless Pit! They can’t keep throwing money around in their quest for further pipeline. You state 2 projects possibly to close by the end of the year - they’ve stated just the 1 MDC and committed to a timeframe of a season - nice one - which takes us to the end of the year.

Which is what we are seeing unfortunately - it’s taken them so long to get the project up and running - when they do get to anywhere near that point, they are having to modify because it’s not what the market is now looking for and that costs time and money.