Member Info for Computer909

“was it a disguised bung and then i doubt eqtec will chase it”

Defo a disguised bung to pump INSP so Gunn/GIS could get their last placing away,

The telling phrase from INSP RNS was “ The initial payment will be a non-refundable amount of £95,000 and the balance after 6 months” so they won’t give the £95k back but hopefully not even Dumbo is corrupt enough to now try and get their last placing other £55k to his mate.

Depends how much has come back to Palumbo in a brown envelope I suppose

Dumbo is definitely holding news back, both good and bad.

INSP collapses and states, "The Company's previously announced agreements and discussion with potential commercial partners should be regarded as being on hold unless advised otherwise." but Palumbo doesn't deem it necessary to inform us that the £150K pre-payment for the mythical boiler has disappeared into Mr Gunns pockets never to be seen again.

Greg Stangl from Phoenix is all over linkedin shouting that they have delivered 90 cubic yards of Biochar to the City of Palo Alto with the hashtag #NFCP which is assumed to be "North Fork Community Power", so can we assume North fork has been running at some point recently.

Big question is what is Dumbo upto, why is he holding back news and from a FCA/Nomad point of view how is he getting away with it?

Sure as hell Dumbo has give his mate Gunn the full £150k by now, so this will be another write down of Palumbo’s making, the odds of seeing a penny back are pretty slim I would think.

So the update from INSP just shows how corrupt the deal between Dumbo and Gunn was, and it cost us £150K at the worst possible time, I wonder if we will see any of that back now, very unlikely they probably spent that at a friday night booze up between them.

More than likely another boozed up agreement is incoming for EQT to buy INSP IP and patents at a massively exorbitant price, just to gift some more cash to Gunn.

Very telling that Dumbo hasn't warranted the flushing of £150K down the pan worthy of telling us !

Pmsl. “remind the market how we make money”

… We fleece shareholders over and over again, transferring wealth from retail investors to the CEO’s mates”

"DP needs to come clean for his own conscience"

Just take one look at him in the latest interview, he has no conscience, he looks like the stress of his scam is getting to him, He looked like Joe Biden reading from a script out of the side of his eye, he looked like he has had a stroke and struggling to stay awake.

The guy is a scumbag charlatan, and his last actions around the placing have shown him to all for what he is, there is no hiding it anymore, he doesn't need to hide it, the AGM vote this year gifted him all he needed to finish the job.

“If DP continues destroying the company and the FCA cant stop him what options are left?”

Well you had the option to see him off at the last AGM, you won’t get another for three years, the only other option is an organised shareholder group calling an EGM for his removal, but most PIs are so apathetic it’s nearly impossible to get something like that organised, for some reasons PIs just seem to accept the type of behaviour Dumbo has shown as just a matter of course

Proactive are a joke, after watching this farce I wrote to them

“Dear Proactive

I watched with interest your latest interview with EQTec CEO David Palumbo by Stephen Gunnion and am forced to ask why you let these people get away with this self promotion without doing the basic journalistic charge of keeping the discussion balanced, The EQT share price has been destroyed by 99% under the actions of David Palumbo and his self interest, and I feel that most shareholders would have liked to have had him challenged on at least his latest action of issuing discounted equity to his associates on the same day as receiving £2M cash in a settlement with Logik.

If you aren’t asking these balanced questions what benefit are you offering to investors, your interviews have become company sales pitches rather than true investment discussion, and as such are becoming of little value.

I am interested to hear your’s and Stephen’s response”

I’m not expecting a response but it annoys me that they continue to facilitate the AIM charlatans such as Palumbo.

Looks like the re-rate is in the wrong direction again .

Beginning to think Mike should stop mentioning timescales in his interviews, they boost expectation that are dashed when they drift.

Sooner or later Mike will need to draw a line in the sand and finalise what the DFS will look like, it’s fine chasing enhancement but if it gets to the point where the market just want it delivered that’s what they need to do.

We have gone from original mine DFS, to original mine DFS plus separate SPG study now we have Mine DFS including SPG and milling, but all the while the market demands are changing and BRES is in danger of chasing its own tail.

Mike said the SI is still interested and will pay a higher price if necessary but does that also mean they will pay less than 5p if we continue to sit at these levels?

Reported they are changing jurisdiction, how long can that take, where are they moving to, Mars?

Unfortunately it was inevitable , I think the market is a little wary of Mike now, the SI and prospectus now being 7 months late, DFS completion being pushed back every time he has an interview and promise of imminent news to drive a re-rate, it’s all becoming a little jam tomorrow

Interims Friday with good news followed by another equity placing to z-list mates over the weekend is now the Dumbo playbook

"Are you invested here, or not?"

You keep asking and i keep telling you yes !

You ask why i criticize Palumbo, well I assure you like most i have paid for the privilege !

"Interim due not later than Monday"

So monday after close then !

Supposedly Dumbo and Co were told they were giving out far too much information to investors so have gone completely the other way, How is that working out David?

So you have no arguments he’s a scumbag?

@Stiarno, whilst we all wait for the interims, I’d be interested to hear your argument that Dumbo isn’t a scumbag that should be in prison?

Turkey shareholders voted to keep Dumbo and pre-approve a 230% dilution and now wonder how the scumbag has acted in the way he has, his attitude is now one of no mind to shareholders other than the few z-listers that keep him in power.

No news on NF from Dumbo and Co even though we gather from Phoenix it is up and running, (although as we have discovered with Italy up and running has a very loose definition), The lack of news and actions to destroy shareholder value is straight out of the MBO playbook,

Paying the z-list to not sell for a few months is just another gift, they wouldn’t be able to sell even if the wanted to, but it’s clear Dumbo is building the holding he needs now for the takeover.

Idex in France are pushing forward with numerous other waste to energy projects but still no update on any progress with EQT, clearly that won’t happen now, and even if I does Dumbo will need to raise more cash in order to service that order, as he has failed to match expenditure with revenue generation.

All in all Dumbo and co have destroyed this company as no one trusts a word the management say and just expect to get shafted over and over again.

Dumbo and Co including the idiot Pearson should be in prison not in any board room

jv liar and smirking palumbo have lied through their teeth for years now, they have raped the market for every last penny of private investor cash they could con their way into.

they have failed to control expenditures with the 26 staff which included engineers and phd scientists failing to generate enough revenue to cover minimum wage.

the interims will be nothing different than the last 4 years with jam tomorrow lies spouted about tier 1 partners when in reality it’s only the z-list mates of dumbo and co that are coming anywhere near the company that the management team have turned into a leper of the market, a whopping £1.11 of buys so far today show just how much the market trusts the pair of ****wits

will the new blood to the management team make any difference, very unlikely if dumbo is still at the helm.

the great pivot has been a great scam, the interims will make that clear

everyone hoping for news on new contracts , but dumbo will be poised with more millions of confetti shares to offload on the back of any good news, as proven lately he has no shame

Can we break a fiver in buys today with the great "pivot" strategy?

Good job Dumbo Palumbo consolidated by x100 to improve liquidity, if he hadn't done that we wouldn't have coins small enough to allow EQT trading !

Dumbo and gang have sucked all the life from this company.

A grand total of £3.80 in buys today, what an absolute sh@tshow

Interims will uncover the shambles of the “pivot” fable