Member Info for buried_treasure

Those who took a load in the placing at $5 must feel properly rogered. And without warrant proceeds at $6 and $7, when is the next placing, and at what price?

You just know 0.65 is going to feature somewhere.

THE_CHAIN

And despite all that it is down again today and, according to one of the company's maddest (paid) cheerleaders Roast PR, remains "priced to fail".

Can you work out why that is?

Simms

You would have said exactly that a year ago. In fact [checks notes] you DID say exactly that a year ago!

And two years ago. And three. And... and...

Adams has you lot on a string. Once you see it, you can't unsee it.

"This business is now a going concern"

So when the Board and the auditors both say in their latest reports that there is a material uncertainty as to whether the business can continue to operate as a going concern - it is literally there in black and white - they are wrong and you are right?

The reality is that both TM1 and Recyclus have massive debts, are still burning cash at an alarming rate, and running out of options and headroom to raise fresh funds.

I'm not sure they could even pay February salaries. Are the directors still being paid in full though?

Unsustainable writ large.

JBCo

**** off with the cross ramping, mate.

It is a massive red flag that any stock is desperate enough to pay people to do that.

So no finance sign off in February. Another month's salary on the lifestyle grift.

But we're definitely on for March though, yeah?

Yawn.

So first it was 2M shares

Then when that was called out it became three trades

Then when that was called out it became two trades of £1K, £2K total, er... less dealing costs.

Yeah, definitely those two someone pointed out... will nobody think of the poor, lonely puppydogs???

They can't even lie consistently.

If you can't see through that pile of BS then more fool you. But we know it's a very special type of fool we're dealing with here, stockholmed by Batman and Robin who, with their salaries maintained at last year's levels according to Jimmy Three Teeth, are laughing all the way to the bank.

I'm calling BS on that MammaC. Where was the trade?

Walts? This place is full of them.

Maidit308

Your record calling this so far has been absolutely comical mate.

Keep the laughs coming.

If you don't like the criticism stop coming off all sensei, say you're taking a break and then immediately jump back in. You just make yourself easy to wind up and reveal your true quick to anger colours.

"Taking a break" going well I see. Just like last time.

Self-discipline not Grasshopper's strong suit it seems. Probably just another thug getting his kicks (pun intended) by hiding behind a "martial art" to beat up people half his size.

“Michael is a proven defense leader at the U.S. government, with an impressive and distinguished military background, which makes him the ideal candidate to help oversee our corporate governance..."

Commercial experience, Michael?

Zero.

Exactly where his share price is headed. Bullseye.

Heavy salary they can't afford to go with it no doubt.

Tomorrow is D-Day. Let's see what happens when the lock-ins expire and everyone wants to monetise.

$0.65?

Dusty

"2 things are constant, Atlas, and the SP. They go hand in hand, you fix one, the other will follow."

What happens if they can't fix Atlas? What happens if there is no D4E swap to be done to address the gearing and the astronomical cost of debt service?

I think you know what happens. You just can't bring yourself to confront it.

Tick tock.

THE_CHAIN

If it's being shorted, why do you think that is?

Is it because

a. Mr Market believes it is worth MORE than its current $230M market cap, or

b. Mr Market believes it is worth LESS than its current $230M market cap?

It has to be one or the other.

For a bonus point, think really hard, suck your special pencil with the rubber on the end, and tell me if this is GOOD or BAD for TM1?

Troajan is just another mug punter. It's written all over everything he posts.

He's held out as some sort of guru on these boards because he's posting on everything that's hot and has a post count so massive it makes you think he must be a team of ten.

He gets spiked practically everywhere he goes because he's late into every ramp. As I say, just another mug. Nothing remarkable except the post count.

So far this morning we've had

Cliveas who can't use decimal points

DavidRoberts who can't multiply

Troajan who thinks this is on AIM

And a load more mugs spiked at 0.15 when the suckers' rally ran out of steam in the first hour.

Some days this comedy writes itself.

It is still, according to the slimeballs at Roast PR, "priced to go bust".

Can you work out why that is yet?

"if you mean crml shares,tm1 dont have them yet,so they cant forward sell."

FACEPALM

In a crowded field (115,000 posts and counting) that has to be Troajan's dumbest comment yet.

Closely followed by the other classic where he assured us a CLN conversion by the noteholder was actually a drawdown by the borrower.

And because of 115,000 contributions this charley is held out as some kind of guru by his fellow mugs. When in fact he doesn't have a clue.

Did you read anything we wrote Troajan, or are you just putting one on your ridiculously vacuous post count?

Trouble is though CHAIN, when you raise such sums that publicly in advance, then privately ear-mark if for A, B and C, creditors D, E and F have a habit of putting themselves front of the queue with a stat demand.

I would be very surprised if, in their position, they had a month's salaries covered six weeks out. It just doesn't happen that way in practice.

From Hemingway's The Sun Also Rises (1926)

“How did you go bankrupt?” Bill asked.

“Two ways,” Mike said. “Gradually and then suddenly.”