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just when we all thought dumbo had exhausted his corruption he has just managed to squeeze that extra bit of ****houseery.

not happy with demolishing some shareholders investments by 99.5% he felt he need to squeeze just that little bit more out of them.

dumbo should take up a role alongside the rachel reeves they both have the same attitude to growing others wealth!

nothing positive has come out of eqt in the last 3 years, just bull and bravado that turns out to be just bull.

myself i full expected this behaviour more disappointed at the pis that voted his reelection and equity pre-approval

this company has now become a laughing stock with the z-listers slapping each other on the back on linkedin as to how much they have been able to fleece shareholders

back to 5p because the market can’t get its head around the outstanding si at this level. mike surely needs to get it over the line or cut the african investor adrift, either option would see us move up as more news arrives. doing nothing just pins us at 5p for the duration !

come on mike just tell them to **** or get off the pot !

The most frightening then about today is that Dumbo still has 400m or so pre approved shares burning a whole in his pocket and has no remorse at using with no regards to the impact on shareholders .

It’s so bad with this charlatan they now have to have three brokers to offload his confetti after every drunken weekend z-list get together.

Palumbo you are an absolute criminal, and absolute smirking charlatan!

Latest from the Vultures at Riverfort on LinkedIn

“Great news for EQT. Logik settlement monies in, funds raised and opportunity for more shareholder participation through the WRAP offer. Great opportunity to continue with the ongoing strategy.

Well done to Fortified and Shard”

Oh my god, read the actual room you bunch of robbing dogs !

Opportunity for more shareholder participation = Opportunity to further fleece shareholders

Remember NO to WRAP offering !

@Simms, yes a placing should surely have waited a couple of months if not a couple of weeks but Dumbo has sized on this opportunity to start the buyout prep at criminal levels, as said previously any recovery would mean that the z-listers would have to pay more for their pound of EQT flesh.

Let’s not forget that Pitcole’s position was gifted to them by Dumbo in exchange for just 10% share of the Italy MDC, it looks like they will end up with at least 20% of the EQT group, can you make any sense of that if not criminal activity.

You obviously assumed Palumbo was a decent human being and are now realising like the rest of us he is not, there is no recovery for EQT Pi shareholders with him in charge and the last AGM was the only opportunity to get rid of him, he now knows that and is out of control.

We haven’t seen the BoD pick up a single share either on the open market or even one of the many discounted placing, because they know the long game and it ends with EQT on private ownership by one or more members of the Palumbo Z-listers.

Italy is clearly still having issues otherwise Dumbo would have used news of continued running as a pump long time ago, North Fork is the doing nothing, with Phoenix reselling carbon credits they could be well and truly burned if that plant exhibits the same issues as Italy, and IDEX are clearly running scared from this circus.

Tell me does Palumbo’s performance warrant a remuneration package which equates to about 8-10% of the company’s MCAP?

The frustrating thing is retail investors here and especially in the Telegram group are now waking up to Palumbo’s nature but very few bothered to take responsibility for their holding and try to protect it by voting against Palumbo’s reelection and pre approval of such a vast quantity of equity.

EQT have still not published actual details of the AGM voting figures even though I have requested them multiple times, they don’t keep the share register up to date and available and their NOMAD just lets them do whatever they like without a single question

AIM is full of criminals just like Palumbo and unfortunately quite a few investors fall for their antics over and over again.

You can have the best product at the ideal time but if the company is ran by criminals it is only going to turn out one way unfortunately.

One thing retail investors can do is NOT, repeat NOT take part in the WRAP offering, if you want more shares buy them on the open market for about the same price.

Palumbo will only gift the proceeds to the z-listers, this isnt about working capital or "pivot" acceleration any more, this is about PI robbery!

If the WRAP offer fails that will prevent Dumbo issuing another 20M shares at this level.

Told you yesterday that INSP jumping by 10% on no news was because EQT would be doing a placing !

Dumbo is a junky and John Gunn his dealer, I think this time Palumbo has Overdosed EQT and there is no coming back !

There is just simply no reasonable justification for this placing at this time, they just received at least 4 months of working capital in cash, there was no immediate debt repayments due, and we are led (bull s hit) to believe they have steady revenue incoming

"The New Ordinary Shares will be issued under existing share authorities and (assuming no new Ordinary Shares are issued pursuant to the WRAP Retail Offer) will, in aggregate, represent approximately 40 per cent. of the Company's issued share capital as enlarged by the issue of the New Ordinary Shares."

Who the hell issues 40% of new equity at all time lows when the company has cash in hand, and at a 22.5% discount !

Dumbo is absolutely laughing at retail investor shareholders, he has been poised since the Turkeys overlooked the opportunity to get rid of him at the last AGM, now with the z-listers increased holdings any opportunity to bin him off is long gone.

"Strand Hanson Limited, consider the terms of Altair Participation to be fair and reasonable insofar as the Company's shareholders are concerned."

Strand Hanson Limited really need to take a look at what they deem fair and reasonable, they are just a bunch of charlatan criminals too, they are supposed to uphold the integrity of the market rules, blimey with a sheriff like that its no wonder cowboys like Palumbo are riding roughshod over AIM again and again.

AIM is a cesspool of S H I T

"Maybe wait until they start delivering something meaningful before talking 250m valuations, or even the 25m you keep quoting"

Give him his due, he never said who would be owning the £25M company. !

Today's actions are indefensible, they are a clear step on the z-list buy out of EQT, and as predicted a mechanism to get Palumbo's mates the necessary equity holding they need at the minimum possible cost.

Absolute criminal, but unfortunately this is the ending of the long game Altair started with placing Palumbo.

Dumbo has screwed us over time and time again, anyone who voted for him to stay really needs to take a long look at themselves !

Even with my previous contempt for Dumbo Palumbo, this is a new low for that "PIECE OF S H I T!!!"

Well as predicted the Turkeys voted for and got Christmas.

What an absolute bunch of criminals !

INSP up by 10% today, have Dumbo Palumbo and INSP/GIS John Gunn been at the prosecco and had the confetti printer out again, Little red dot in the morning ?

@Stiarno the absolute muppet that still believes Dumbo has his best interest at heart!

This is more bull from Dumbo on LinkedIn

“Balancing ambitious promises with realistic deliverables is essential to avoid overcommitting”

The guy is absolutely deluded if he thinks he can offer others business advice, He is the epitome of over promising and under delivering

Some may consider it an “EQT” fantastic week, in the fact Dumbo has kept the 590m pre-approved confetti in his pocket, it must be burning a hole by now.

A sunny Friday night booze up with Dumbo and Gunn could change that though!

Q3. As a "global technology innovator " anyone know which countries they currently operating up and running plants consistently at a profit to the owners ?

Neverland and Narnia?

Dumbo has only said the expectation was for it to be complete in the first half of August, have you not learned anything over the last 4 years with respect to Palumbo’s expectations. The guys an absolute charlatan and EQT “long stops” mean absolutely jack because they have zero recourse if the agreements aren’t met, as per Verde and now Logic !

Dumbo always words an RNS to skirt the truth whilst vaguely eluding to the next great breakthrough, when in reality him and JV liar are just full of Bull!

Nothing these idiots promise ever get delivered, apart from disappointment!

"Completion has happened as per the RNS"

The RNS doesn't say that

Exchange of contracts has happened: Originally conditionally (01 May 2024) 'Received written confirmation from Logik of conditional exchange for the sale of the Land"

Then the latest RNS the condition was removed, "Such that the exchange for the sale of the Land is now unconditional" (14 August 2024)

Completion (and subsequent payment) was anticipated in the first half of August (with latest long stop set at 16 August 2024)

They obviously haven't completed because Logik are obliged to pay on the next working day after completion.

Palumbo doesnt have a clue, he has spouted these dates without any idea or control of timelines.

They have no control over when the sale will complete and therefore when any payment from Logik will be made, everyone knows that so the RNS pumping “it’s coming” is just Dumbos way of trying to allow his z-list mates to offload a few more before he dumps the 590m on us.

Realistically Verde and now Logik debacle is straight out of the pump and dump playbook these charlatans use over and over again.

We are unlikely to see any payment from Logik before another trip to court after December, Dumbo issuing long stop after long stop is as meaningless as Labours election promises not to raise taxes, no one believes a word that Palumbo says anymore.

After the bank holiday booze up by Dumbo Palumbo , Gunn and the rest of his z-list mates I was relieved not to see a red dot this morning !