Member Info for Computer909

I think everyone has seen the interviews from Mike and don’t get me wrong I am still supportive of the management team.

The question was if the DFC are financing Syrah to the tune of $227m for graphite production does this make it more or less likely they will support BRES in a similar style?

If the MSP accreditation was supposed to be one of Mike’s value add initiatives it doesn’t seem to have that affect we have dropped by over 15% since that announcement.

Why has the market not embraced BRES with all the positive news arriving, surely it’s the only missed step Mike has taken, the SI/prospectus delay, that has affected confidence?

It is unbelievable we are sat at 4.5p, the question is why?

Do we feel this makes DFC funding for BRES more or less likely?

Why the continuing drop in share price?

Has the 12 month delay in DFS being deliver meant BRES has missed the boat?

Why no news on the SI, how long can a jurisdiction change take, why is this allowed to hang over us?

Why haven’t we seen the prospectus we were promised in February?

…and still we sit a sub 5p, this market is absolutely crazy broken!

As we can’t get any updates or response from Dumbo and Co

I recently emailed the northforkcommunitypower enquires emails address with the email below and the administrator “Lori M” forwarded my enquiry to Wade Wheeler, below is his response.

“Hi Lori

I am a shareholder in Eqtec and was wondering if there is an update with regards to the operational status of the NFCP plant

I have seen Greg Stangl for Phoenix on linkedIn posting regarding Phoenix supplying BioChar to the city of Palo Alto with the hashtag #NFCP and was wondering if this is an indication that the North Fork plant as been running in order to produce this BioChar or has it come from another plant

Any update would be gratefully received”

“Good morning,

The bio char did not come from North Fork, and I have no idea what Greg is referring to.

We are looking at being operational by the end of the year.

All the best,”

So basically we haven’t got any official update because there is none beyond what we already know.

Still have the 100k seller most days, has to be the craziest share on the market, back to where we were 2 years ago!

Just something to keep us at 5p would be great !!!!!

And also remember the bull from Dumbo regarding the 100-1 share consolidation being to improve liquidity and close the spread

Here we sit below nominal value, a spread of 25% and minimal liquidity and volume.

Dumbo Palumbo is as corrupt as they come and hides in the cesspool that is AIM knowing the FCA are impotent

The scandal I expect is one of Palumbo’s making, don’t forget that the person in charge of compliance at one of EQT’s brokers is none other than John Gunn who colluded with Dumbo to get INSP another placing away before pulling the rug from under its shareholders.

The two charlatans should be in prison not a board room!

“I think it is the nominal value“

With current exchange rate it’s actually below nominal value of about 0.84p, remember nominal value is important as it is the cheapest that Dumbo can issue the rest of the turkey approved equity to his mates to increase their percentage holdings, all important for the delist vote, which is clearly the plan now.

Caught by the Fuzz - Supergrass

Criminals - Meghan Trainor

It’s a crime - Sade

Lying Eyes - Eagles

Anything by the Charlatans

Has to be GIS/Gunn and Dumbo checking the water for if anyone will buy at these levels ahead of the great Friday night BBQ drunken giveaway.

Will see on Monday just how bad it is, depends on how fat the brown envelope is I suspect.

Likely to be a leaky RNS, for after hours and Palumbo and Gunn have tipped off their mates, we will see delayed trades reported when they are done.

Can only be one of a few things

Management buy-out/ Delist (but not sure they have enough until they issue the remaining pre-approved equity to their mates)

Italy non-performance

North Fork delay or chapter 11 actions

Idex walking away

Sure as S*** it isn’t Palumbo leaving as that would have skyrocketed the price

Anyone who didn't vote no for re-electing Dumbo and blocking their equity pre-approvals seriously need to look at their actions. Turkeys voted for christmas and looks like Santa is dusting off the sleigh !

Looks like Dumbo Palumbo and Cowboy Gunn may be having another friday night drunken get together.

Those two should be in a six foot cell together !

Dumbo and Co’s actions towards the shareholders over the last 3 years has been nothing short of criminal.

Bringing GIS and the charlatan John Gunn into the fold was the start of Palumbo driving the company into oblivion, any CEO having anything to do with Gunn should be seen as the biggest red flag.

The great pivot has turned out to be just another pile of deception from Dumbo has he smirks through his interviews over and over again.

The guy (Dumbo Palumbo) is an absolute moron, when will he understand that if you main income stream is raising shareholder equity then perhaps some effort should be given to supporting the Shareprice.

Dumbo has said before they were advised not to be so open with the market ( surely that advice can from Gunn) as when everything you say turns out to be a lie, the least said the less you can be held accountable for.

In the new “pivot” model shareholder and market communication is even more important but Palumbo’s behaviour means he can’t show his face or engage with shareholders directly for the fear of being called out. (Hence the restrictive AGM arrangement this year)

This company could have the cure for cancer but with Palumbo in charge the market just won’t trust them anymore, and unfortunately the apathy of shareholders at the AGM gave him the green light to stay and the tools to take shareholders down.

No news on the status of Italy or North Fork is just contemptuous as rather than promoting the company the questions hanging over them seem to be a lead weight around the Shareprice’s neck!

I have tried to get an update from EQT, but they have never responded, not once have they answered a query posted by email or via their website.

I have also tried to get an update from NFCP but it looks like Wade Wheeler is of the Palumbo mould when it comes to answering queries.

On the face of it EQT has many positives, but with Palumbo sitting over it like a big dark shadow, any recovery is proving difficult. If we have to do another raise this year and these levels for whatever reason that’s the end for shareholders.

Whether the new members of the management team will make any difference we wait to find out, not that they can be any worse than the lying scum van der linden, the question is now is it too little too late?

"The lack of news on NF and Italia raises a real question on the tech"

Don't think the question is regarding the tech but rather the management!

"Wouldn’t you want to shout about it . Exactly what is this CEO up to?. I go back to my previous comment, he has a fiduciary duty to shareholders and that is a legal requirement. Start informing ALL shareholders of what you are up to DP. Better still, let us know your leaving date!"

Clear now that Dumbo is acting straight out of the John Gunn playbook, take as much as you can as quickly as you can and screw the idiot shareholders along the way.

Another 20% drop in the last 10 days, with Altair and Pitcole et al knowing whatever price they sell at Palumbo will just give them more at a discount there is no stopping these charlatans!

Where will it stop?, well with none of the management team including the new COO and Non-Exec dipping into their own pockets to buy at these levels, looks like they aren't confident at all.

David Palumbo belongs in jail picking up the soap for the big bulls !

Shouldn't the Chapter 11 have been resolved before retsarting the plant?

https://www.rkc.llc/post/northforkcommunitypowerllc

According to the chapter 11 submission EQT was owed £2.7M from an Equity Loan and was the second biggest securities holder (Actually twice that of Phoenix)

But for some unknown reason Dumbo and Co have written down the whole investment in the plant, and we barely get any mention in any media, Its as if EQT have been disposed of as part of the chapter 11 proceedings, in fact Dumbo has stated its unsure what if any stake EQT will have once the chapter 11 procedures finish.

The last update to the chapter 11 docket was at the begining of this month

https://bkdata.com/business-bankruptcies/sanjose-california/10-11-2022/north-power-41001 susposedly the full hearing was held in August this year.

Again no information from Dumbo and Co, which is strange seeing EQT have ploughed over $8M of shareholders cash into this project over the years

“why the embargo of Altair and Pitcole selling any placing shares until Feb 2025? “

That agreement is a smoke and mirrors scam, they have agreed to not sell the conversion shares but still hold millions of existing shares that aren’t covered by that agreement, they have done so before and will basically wash their holding knowing Palumbo will reinstate them on the cheap in February.

Definition of Dumbo

in American English

(ˈdʌmbou) (noun plural -bos)

slang

noun

1. a stupid person

a class full of dumbos

adjective

2. stupid or foolish

What a dumbo idea!

https://www.collinsdictionary.com/dictionary/english/dumbo#:~:text=a%20stupid%20person,stupid%20or%20foolish