Member Info for Bolgas

As per placing RNS, so they are still at it, cheating shareholders....

In addition to the above amounts, Camco will also receive up to a further $1.0 million over the period to 2020 dependent on the delivery of CCOs from a limited number of projects. Camco will retain its rights to credits generated after 2020 from all the projects included in this portfolio transaction.

Maybe that will change now... maybe waiting see if anyone noticed

Research graphene lithium ion battery, world advances fast whilst VRB is struggling with inflated prices.

Cindercone

Please provide proof it’s on target and under construction?

Make matters worse you have likes of John Ward with huge holdings that are no doubt selling down, it does not look good with those large trades.

Further as I have said previously the Vandium price is too high to make this business viable, until it drops sub $12lb all VRB will be none commercial, rental option is a nice idea however you still need to buy it making it still unviable over a total cost of ownership. Sure others will disagree but they are assuming someone is gong to sell the V for lower prices, there’s just too much V in these products therefore reliant on a stable market.

Just look at the directors participation in funding it’s laughable, Marren who dumped his cash holding into pension (he’s not daft) has subscribed for £1,000 worth, that’s a huge insult to those who have paid his salary for years, let alone Scott who has stumped up 5 grand, less then a months wage.

The income producing assets here where deemed not business worthy yet the directors bagged them for nothing, that is all you need to know about the jokers running this ship, Scott dumped off 10 million of revenue to niddy noddy land, or is that Jeff Kennas land? Who knows but they have certainly benefited from it you can bet your last dollar.

This company is a fraud and needs investigating, creaming off what shareholders funded when profitable leaving the dregs for those faithful.

TR1 notifications are deemed unworthy of investors attention, I have proof of all of what’s been rotten here, it will be forwarded to the remaining II holder to ensure they had their eyes wide open or truth told when participating in previous fund raising, I doubt the full truth as nobody knew that with false promises of mega deals that never were.

Sorry for anyone wrapped up all of this, now is the time to evaluate all facts and make an informed decision, it is also worth considering just how many loyal shareholders that remain eligible for open offer actually remain, i doubt there are many.

Munters aka Chimers said it was a scam because of Gigha, he then changed his mind, he’s claiming credit for something he didn’t know or warn about.

Problem here is the constant lies from Scott, billion pound pipelines and sales that never existed, I checked the German deal and via mates in corporate finance, it was and still is laughable. Sadly that doesn’t help those who believe the lies being spun from the company.

We have all been here once or twice, I hope everyone gets their money back, I also hope Scott and Kenna get what’s coming to them in a jail cell, it is the least they deserve.

All of my research will be forwarded to the FSA when this company folds, that will include the major shareholders such as Schroders who will hopefully have the funds to take action against these fraudsters,

Scott has a thriving business paid for by shareholders same as Kenna, whilst the shite is left. Disgusting human beings who ran this business, greedy thieving filth.

Sorry but this is curtains, take what you can and learn from it.

It’s sad because the product is good and it’s needed to go green, problem is our BoD have been too busy lining their own pockets and not caring about shareholder value.

Scott’s in for 5 grand, that’s a joke.

He’s robbed shareholders for years, get him in court together with Kenna.

Camco was sold off last year, what’s that all about getting a million now? Looks like somebody is putting the pressure on these guys for what they’ve been doing, rightly so.

Who gives up £10 million of income for nothing? Scott that’s who whist their connected businesses line their pockets.

So many BS RNSs that someone needs be held account of too.

they will be the stop gap used, or lithium, whilst a stable alternative is found, in my opinion.

https://www.theguardian.com/business/2018/nov/06/drilling-starts-to-tap-geothermal-power-from-cornwalls-hot-rocks

There’s big money going into alternatives, green energy that is.

Good luck.

Here’s the company Scotty bought for £1

https://beta.companieshouse.gov.uk/company/09902551/filing-history

Take a look at those accounts, all there folks, read, digest and tell me what you are thinking?

In the meantime redT is doing nothing with a £7 million admin, anybody care to tell me which company is worth £1 and which is worth £28 million?

Me thinks Scott and Kenna are a little sidetracked with other businesses to worry about shareholder value.

Might help

https://beta.companieshouse.gov.uk/officers/p1EpXdpfj643S79B1ZJ_DSI2VC8/appointments

Baxi, Verco... Our chairman’s home address? All a little confusing isn’t it....

Dig deep....

Camco sells UK advisory business to Baxi Partnership
By The Engineer 16th January 2012 11:30 am
Clean energy developer Camco has sold its UK advisory business, Camco Advisory Services, to Baxi Partnership.

The business was successfully turned around from making a loss in 2009 to profitable in 2010 and 2011, with a net profit before tax in 2010 of around £500,000.

The sale follows a review by the Camco board in which the UK advisory business was considered to be outside the company’s core business of clean energy project development and carbon.

Total consideration for the sale of Camco Advisory Services is £4.5m, comprising an initial £3.25m paid on closing and £1.25m over the next two years through an earn-out structure

I actually believe the opportunity for mass roll-out of VRB has passed, many will disagree but my reasoning is the price of Vanadium has stalled all installations and this alone will stop mass ordering from big corporates as the supply chain is not secure. Even if this is the best solution they will want a secure supply chain to ensure security of supply. Nobody can do this, the product is good but it’s not far enough down line for any serious national to buy on scale.

My views differ vastly from many, it is just my opinion.

As for the Camco deals and what’s gone on, take a look at this guys previous and current positions....

https://beta.companieshouse.gov.uk/officers/p1EpXdpfj643S79B1ZJ_DSI2VC8/appointments

The whole history of what has gone on with ALL sales of Camco stink of insider dealing, all connected parties, that is a clear breach of rules in my opinion, the regularity authority needs be made aware of what’s gone on here and investigate accordingly.

Jeff Kenna lives at Overmoor, look at the registered addresses, here’s proof of his address...

https://beta.companieshouse.gov.uk/company/05649251/officers

Take a dig into these fellas, they are clearly up to no good, the web of deceit gets bigger and bigger the more you look.

The accounts show a serious ramp,up in admin and turnover, Scott has shafted shareholders. If you go back a couple years Scott stated how important camcorder Africa was to redT, that then changed as he saw the profits that could be lining his pockets rather then shareholders.

Think about who introduced the largest amount of business to redT, it’s Camco, yet he sold that for £1 and retained the useless none producing sales staff, the guy is clearly clueless for shareholders but has a keen eye for his own future.

The company is a joke, zero sales last year yet £7 million admin, I’d be very surprised if they get a placing away to fund a company like this that does nothing.

I’d also bear in mind that if this ever became near profitable they’d sell it off to either the chairman or Scott, this company should be booted off aim and all directors investigated.

John Ward clearly had enough and bailed, he could see what’s going on after he’d spent years funding the R&D.

Not one for slagging companies off, but this one is a clear P&D for city folks whilst the bod do nothing, promises of sales via rns that never actually materialise, white collar crime in my books and they should be held account, the Camco deals are clearly documented and can be proven that they are not in anyway in shareholder interest.

Do not pass go, do not collect 200. This isn’t Monopoly money, Scott seems think that’s what investors are playing with whilst he spends it on rentals properties and a thriving business in a booming country, just like the chiarman.

Jokers.

Anyone looked at last filed accounts for above that Scott paid £1 for from shareholders?

Take a look and tell me what you think. I think he’s shafted shareholders, again.

Not sure the whole board agreed, John Ward quit and sold his holding down.

Scott is rather busy though with his company paid for by shareholders for £1, look at the projects. Thing is he valued that at £1 that is producing revenue and profits, what’s the value of redT with zero income and massive overheads?

https://www.camco.energy/case-studies/

Chairman and CEO need holding account, their only achievements are to obtain profitable parts of the business for nothing whilst creaming huge salary’s from redT that has achieved exactly nothing.

Liking the Tweet from Bidstack this afternoon:-

We're delighted to announce that we've signed a 3 year deal with @SoccerManager 2019 to provide in-game advertising on their pitch-side billboards. This will enable brands to reach a unique gaming audience of 1.8m players, internationally across both PC and mobile. #bids #gaming

That’s not quite as I understand things, always looking to improve but also enable usage on other platforms, what they have with Sega works just fine and proven:-

Planned and designed enhancements to API
Develop new SDK and UNITY 3D plugin to improve efficiency of mobile device integration.
AI engine improvements, to allow advertisers to target gamers by demographics across multiple games.
Develop a non-native proposition to leverage relationships with publishers and capture a share of this existing market.
Events, marketing and PR (£0.5m)

Cheers BBN, will take a look.

https://www.iol.co.za/business-report/economy/eskom-dismisses-alleged-recall-of-world-bank-loan-12990471

There’s nothing certain, rather then get hopes up wait and see what unfolds, meantime get V production up keep expectations real and those who buy in won’t feel let down come next update.

It’s highly unlikely any world organisation intended to help those in poverty is going to hand over millions to a corporate for them to financially benefit from thier charity.

I can find no article mentioning their investment into Eskom either, unless you can share something factual I’ll assume that’s just wishful thinking.

V is what’s important short term, for me anyhow.