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https://www.theguardian.com/environment/2021/apr/13/fukushima-japan-to-start-dumping-contaminated-water-pacific-ocean#:~:text=Japan%20has%20announced%20it%20will,including%20China%2C%20and%20local%20fishers.
Japan irresponsible action will give the Green more reason to oppose nuclear power.
Nice if ST can team up with China/Tesla?
https://www.youtube.com/watch?v=q5GGCVIEYts
Hardman and Co has just released latest update on company progress and outlooks.
I think ST must be well known in the Car industry; will be very surprise if management hasn't been in touch or sale visits appropriate companies.
I am sure Chamois can do an adequate PR job, beyond that, has it got the required personnel, resources and proven ability to establish ST as a "Customers must have" brand?
If ST has spent many millions to develop the product, why not spend a large sum to corner the market?
The company will get what it pays for, getting the right advice and support from a larger firm can help it to make correct decisions and save a lot of management time.
Anyway, I am done on topic, as said, I wish Chamois can do an excellent job for ST.
Thanks for the debate, you made very good points.
Companies like Saatchi and saatchi Pro can't do a better job than Chamois?
Antway, company chosen Chamois, let's hope it does a good job.
PR agents are often hired to build a "BRAND" name.
If ST's remit to Chamois is just to communicate marketing messages, then fair enough.
However, if ST's intention is to build a world leading "BRAND", then IMHO, ST needs to spend big to hire a PR heavy weight to do the job.
Company formed in 2016, if it is a very successful PR company, it will have more staff and a list of prestigious customers.
Perhaps, some PR is better than no PR.
Tiny company with short list of clients.
https://www.linkedin.com/company/chamois
https://www.chamois-consulting.com/clients/
Who is Chamois?
Why Chamois?
Are there not bigger and better known PR companies out there?
https://www.youtube.com/watch?v=TZ_h2NvKELs
Worth considering.
TM bought control of the company in January 2015 using Beutong. Before that, number of shares in issued was 200m,
now 2000 million shares.
6 years of mismanagement, more to come.
Humble PI will be diluted out of sight before a serious dent on AE.
Damage is done when TM gifted 10% of company to AE for 0.9p per shares.
( If the company managed to raise £10m at 2.2pps after the big F up, can TM explain how he decided to give away 10% of company at such unreasonable low price?)
Can TM explain why he still CEO of the company?
If the KSK is as good as we led to believe, why the resource hungry Chinese doesn't come and snatch it away? They could have done it with pocket change.
Major earthquake:
https://www.mirror.co.uk/news/world-news/japan-earthquake-massive-73-magnitude-23496088
This may influence the final decision.
https://www.business-live.co.uk/manufacturing/surface-transforms-raises-20m-firm-19799243
Claim will drag on for years, the chance of winning against government is statistically low.
Legal cost and management time will also impact the normal running of the business.
From memory, the last day for next Spain election is Dec 2024.
Outlook not good atm.
Potential partner, if any, will need months to dd before investing.
Based on last half year financial June report, all available cash burnt by end of 2020.
Company needs money urgently to keep the lights on, begging bowl to bucket shops to underwrite shares fund raise is likely option.
Bucket shops may drive share price down by selling borrowed shares , then placing at a discount.
Last placing was 0.9p, forthcoming placing above 0.9p will be difficult to get when in desperation .
AIMHO, DYOR.
AE was the only option available, it was the one to dictate terms.
Unless ARS can raise sufficient fund quickly to keep the company going as a going concern, then AE is in a strong position
to influence eventual outcome.
Tony mess up big time.
AE or Administrator or Indonesian Government ..............or few more billions shares dilution.
From last financial report:
Cash at 1st January 2020 = 0.42 millions
equity raising march 2020 = 3.4 millions
cash at 30th June 2020 = 2 millions
Company burnt 2 millions in 6 months.
Unless the company manages to raise fund immediately....................................