Member Info for Cocobeans

left off january and nothing (yet again) has been delivered to the market- lots of nice ramping by the normal crew and the insiders trying to get the market excited about "something nobody else knows about" but it all smells of the deal not getting done on time (excuses include "we are expanding the deal" "getting a better deal" "adding xyz to said deal" "these things are complex and take time"

anyway- they maybe very close, and then ill say well done but for now, we just have to continue to rely on bbn tweeting, *******s positive language and the ramping crew ability to draw a few more punters in!

lets see where we are this time next week!

Nope- have a look through the admission document

joke how interconnected all these parties are

essentially this company is run by three ex brokers, at failed retail broker houses, that all went under.

then the shareholder list is full of flippers- how this ever got a listing i dont know

James will be required to devote such time as is necessary to the Company in order to enable

him to carry out his duties to the Company as Chief Executive Officer, being a minimum of

two days per week. The Company will pay an annual salary of £60,000, (or such higher salary

as the Board may from time to time notify to the director), plus fees payable for any days in

excess of two days per week at a day rate of £1,500 per day. These amounts are inclusive of

any director fees to which the executive may be entitled, subject to annual review

3p warrants- company raised 800k at a valuabtion of £13m when company was worth 800k

the book is the historic book of flippers and insiders- absolutely joke company listing

Daniel Gee 1,344,787 £0.03 Date of Vesting Five years

Admission Date from Vesting

Date

The Equities 1,633,917 £0.03 Date of Vesting Five years

Exchange Limited* Admission Date from Vesting

Date

Sebastian Marr 480,762 £0.03 Date of Vesting Five years

Admission Date from Vesting

Date

Steven Xerri 672,394 £0.03 Date of Vesting Five years

Admission Date from Vesting

Date

Wayne Gibson 480,762 £0.03 Date of Vesting Five years

Admission Date from Vesting

Date

DWS Solutions Ltd 131,117 £0.03 Date of Vesting Five years

Admission Date from Vesting

Date

Nicholas Josh 480,762 £0.03 Date of Vesting Five years

Admission Date from Vesting

Date

First Sentinel 480,762 £0.03 Date of Vesting Five years

Corporate Admission Date from Vesting

Finance Ltd Date

Orana Corporate 480,762 £0.03 Date of Vesting Five years

LLP Admission Date from Vesting

Date

Steven Bennett 201,718 £0.03 Date of Vesting Five years

Admission Date from Vesting

Date

William Holliday 336,197 £0.03 Date of Vesting Five years

Admission Date from Vesting

Date

Beaumont Cornish 240,833 Issue Price Date of Date of

CEO is a bucket shop flipper and ex broker of cornhill plus a variety of other scummy outfits

all his client mates are all in around 1p

total avoid

This gets to 58 on ask it goes NT

maybe an exchange between buyer and seller at this level and the market doesnt want retail to mess it up?

Just ring your broker- they will explain it. I’m not here to waste time on things that are widely known in the market.

You can put £20k into your ISA , if you make that £100k you can only still put in £20k a year.

However, if you participate in a placing for say £50k and have £50k in your ISA available , you can sell the share dealing stock and buy back your own stock on the ISA making it more tax efficient, as you make a losing trade on the tax deductible side and potentially gains on ten ISA stock.

Hence you see multiple trades of similar amount traded within seconds of each other

That’s a market maker B&I someone’s stock- it’s not real volume, hence prices never more on them trades

Go speak to any broker

I didn’t say it was big or small wages

I said they maybe should just pay themselves rather than dilute

Stop being so sensitive

Lol - you can only put 20k in an isa per year but if your isa is worth 200k you can bed and isa up to that amount

Shows you have zero understanding of the market

That’s a bed and isa and you know that. Let’s not try mislead here, it’s fake volume and will be a placee prob Amystake (Blowster) taking a loss on the share dealing account and putting into ISA.

Todays RNS- more shares issued- further dilution. Catch 22- would you rather them take the salaries in cash or dilute you further. Issuing shares limit upside potential, taking cash reduces cash reserves.

If they were so sure of being swimming in cash, think I’d prefer them to just pay their salaries.

£100k a year each and £500k worth of options plus the consultancy fees! No wonder they keep the pump alive!

Whats the cost of putting into production?

Way under BID as the flippers cant get out of their leverage positions

they over promoted this transaction, my issue is the recent placing and the ramping around it. leopards and spots

THAT process killed the market for the promotion. so they havent looked after shareholders

These Heads of Terms are what they been working off for months

why release the info to the market now when these have been know anyway?

hasnt changed anything, this will not get executed in January and even if it does, the cat is out the bag and the money received is no where near what the rampers mislead people to believe

£2m isnt lights out, it will get eatten up in getting other assets progressed - good news is it will starve off further dilution but they need some big news to actually get this moving- its all a bit of a non event imo

to the point- it wouldnt have been if they hadnt just slammed everyone with a filthy placing! Just FWIW- but the dilution of that discounted placing (which wasnt needed) killed the trade for the rampers

anyway - back in Jan for more fun discussions

Toodle loo

Now the HOT are out- we should see some directors buys … right? Rather than all the free shares and consultancy fees they are taking..

Don’t believe they have put a single penny in .. shows the confidence

And the insiders ruined this for the retail investors..

Tech guru 91 (hogan) amystake (Blowster) and burton are too be avoided.

As for the person giving them the inside line.. well make your own decisions.. but clear that those shouting $70m losses , when company gets 2m vs Mcap and fact they will simply spend the money next year.. it really wasn’t that exciting

Get on with delivering all the other deals , they have failed to close plus progress blue mountain , then company might get somewhere

Until then it’s an inside job for the white knights PMSL

The company is losing $900k a year just by operating

This money is going to sit on balance sheet forever, as they say it will go into the ground (as it rightly should)

No idea why they therefore diluted everyone by so much , increasing the mcap now makes this upside on receiving £2m lower. People do understand that?

They pulled the price back from 0.45 to get their mates to try and flip and make more money at expense of retail shareholders. That’s how valuable you are!

Anyway! Let’s congratulate them, they totally deserve all them free options

It is noted that the Heads of Terms are not binding in relation to the terms of the Proposed Disposal, as described above, and that the Proposed Disposal will be subject, among other things, to due diligence by Octo and the execution of a legally binding agreement governing the transaction. There can therefore be no certainty that final binding terms will be agreed, nor as to the timing or final terms, value or conditions of the Proposed Disposal or the final position in respect of the proposed pre-completion restructuring of MGA.

As previously announced, the Proposed Disposal may be considered to be a fundamental change of business pursuant to Rule 15 of the AIM Rules for Companies. If applicable, this would require, amongst other items, the Proposed Disposal to be conditional on the consent of shareholders being given in a general meeting, the publication of a shareholder circular detailing the terms of the transaction and certain other disclosures as set out in the AIM Rules.

So basically this is the HOT they would have been working on for months anyway? They just decided to now tell the market the terms. Nothing really has changed EXCEPT we now know the company will get just £2m compared to the mcap, really isn’t that lights out. Why dilute when they could have just waited for this, if they was so confident?

Plus now, is the momentum really going to be there? We know what we know now. Upside isn’t that great as this money will simply go back into the ground as with all exploration companies

So many caveats in todays RNS which just smells of let’s try get something out there

Stick to blue mountain

Ramping by burton and Blowster (Amystake) and mikes merry men will be at its best today

Good luck but your missing a key point

They need shareholder and AIM approval. You cannot execute a deal or ink legal terms without it as it would mean ECR would breach contract if they couldn’t get approval from either. Nobody executes a legally binding contract without knowing that they deliver on that contract potentially creating a very large liability

You looking at this from too high level and not following what THEY are telling you.

Not withstanding that the buyer has to seek local law and regulatory approvals on using the tax losses

And the fact that ECR will receieve less than 5% of the value of the tax losses in$ and given the dilution this year that will be C $2-3m so given the current MCAP- it’s good that it would likely fund them for their activities in 2026 without dilution, the money will eventually end up

In the ground!

Notwithinbstand the current BOD execution history ie nothing has ACTUALLY completed other than talks, I’d suggest the rampers just need liquidity to push through their sales of the placings

This could get to 0.4p in Jan because there will be the norm ramping information that doesn’t actually make sense and the naive will buy this as they are equally not up to speed with corporate dealings but that doesn’t make it right

Company should sack off the ongoing promotion and Bs stringing along and focus on blue mountain as that’s actually the only meaningful asset this company has.

Many will learn the hard way here in 2025 when the few cash out for 15-20% from whatever level, babies will be left to hold.

Just follow history here

Right be back second half of Jan

Seasons greetings

Nothing to do with saying they need cash

I’m saying I believe they are being a bit stretched with the actual timescales to try and provide liquidity event that won’t happen

As I say I’ll

Come back next year and either you can say you was right or I can say I was

But if they miss that Jan date! Given what they have delivered (nothing) I’d start to rethink your blind following of a former Aim ramper