Member Info for Computer909

“price is beginning its slow but sure recovery.”

Are you absolutely deluded the bid hasn’t moved for weeks!

Sometime @TryTryTryAgain I think you must be JVL the amount of rubbish you come out with!

Logik will be December before the hard conversation around default payments are being held, North Fork will just run on and on as it has for the last decade, Italy will be coming for another hand out from its owners rather than return any cash to the group, they aren't running so aren't covering costs.

Italy MDC is a absolute criminal joke, how can you be expected to develop a market when the plant isn't running and can't supply feedstock, just look at the most recently released photos from the liar JVL, can you actually see a running plant or any feedstock whatsoever ?

Italy would be an excellent advertisement if EQT was an industrial cleaning company as all they seem to do is polish that turd over and over again !

Palumbo's ego will prevent him from changing his attitude to placings, they are free cash to him and his cronies, their reputation is in tatters so they have nothing to stop them using any pre-approval they are given, they have no shame.

If he is allowed to remain and given the rubber stamp for 590M more shares the position here is unrecoverable.

Does anyone actually have an accurate view of the shareholder register, november 2023 was the last time EQT bothered to update the website?

“resolution for 500m+ shares is just a backup for audit approval and not the default”

Dumbo admitted one of his last interviews (after his Friday night booze up) that they had pre-approval headroom left , concocted an opportunity with John Gunn and stuck it to EQT shareholders again, for INSP to get a placing of their own away.

If he gets pre-approval again we will see this over and over again until the corpse is fully drained.

Dumbo and Co have made it difficult for investors to take part in this years AGM unless you fancy a pointless expensive trip to Dublin.

Obviously scared to engage with shareholders but based on his actions over the last 12 months you can understand why.

Palumbo is a criminal plain and simple, if he survives this AGM and comes out of it still a director with pre-approval to issue another 590m shares any likelihood of a Shareprice recovery will be extinguished forever.

North fork is a lost cause, it’s been “really close” for years now, it was expected to be up and running this time last year and we still have no confirmed timeline for it to come online, as for the IDEX contract how on earth are you expecting a £15m supply contract to land when the company is worth £3m and has no cash in the bank to service operational needs, any agreement will fail IDEX due diligence and Palumbo and his liar COO know that, they are fully expecting to have to dilute the 590m shares pre-approval they have asked for to even get a sniff of the IDEX contract, so shareholders are set to be shafted again either way.

Realistically only one way this ends now is for shareholders to take control get rid of Dumbo shortly followed by JV liar and for the company to have a major reset, likely with LeSaint at the helm at least for the interim.

Vote No to resolutions 1 and 3A at the AGM

More z-list investors abandonment continues again today.

Dumbo Palumbo the master financier, has to go and take his cronies with him.

Vote No to resolutions 1 and 3A, the only way this company survives!!

INSP deal was a drunken Friday night deal between Dumbo and John Gunn in order for both companies to get a placing away and further fleece their shareholders.

“secured an order to develop and sell an Inspirit Waste Heat Recovery ("WHR") engine “

The engine doesn’t even exist, Palumbo has waste £150k EQT don’t have at the worst possible time

Both CEO’s are charlatan criminals than belong in jail and should never be allowed in a board room ever!

Next week is EQT shareholders realistically only chance to get rid of Palumbo and wrestle back some value for ourselves by voting no to pre approval of 230% further dilution and voting no to Palumbo’s re-election as a director.

“DP printed so many shares and sold to those who have sold them, almost immediately. Therefore the share price has no bearing on the company value until that is all fixed”

And he’s looking for permission to print more next week at the AGM, more than double the currently issued equity of the company.

If he gets permission we will never see the end of the overhang. Look at the trades today clear Altair or Pitcole are offloading now the chains have come off.

Vote no to resolutions 1 and 3A at next weeks AGM

“succession plan”

The only way to drive a succession plan is to force a succession on the remaining BoD

If Dumbo is re-elected they will continue in the same vein, failing to control expenditure, continuing to invest in dodgy deals with their underhand mates, and continuing to force shareholders to bare the brunt of their incompetence and corruption.

Sending the remaining BoD a clear message by ousting Palumbo, and controlling their issuing equity with free abandonment is the only way to get shareholders any value.

Vote no to resolution 1 and no to resolution 3A, anything else is endorsing their behaviour

JVL is already building up to an investment in the CompactGTL joint venture, where do you think they are looking to raise that cash from, pre approved equity is a green flag for them to issue as much equity as possible whenever they can, they have demonstrated their attitude over and over again.

Nothing the BoD in its current guise says can be trusted, famously the now ex-CFO was asked in the last AGM why he had such a tiny share holding in the company and whether he didn’t have confidence in the company’s future performance, he made a big issue of how invested he was and confirmed his confidence, only to pack up a leave a few months later, they lie to get what they need and won’t stop until shareholders say no more, getting rid of Dumbo is the chance we have to say a big NO!

@Legalwolf “Having money tied up here represents a big opportunity cost imho. There are lots of AIM shares that are making moves at the moment, but Bres isn't one of them”

You are obviously at liberty to take your cash and invest elsewhere, the issue being is on the face of it BRES is poised to take off with news and timing an exit and reentry would be difficult.

You pays your money you takes your chance!

I have to agree that Mike has no interest in the retail market and the hangover from the SI at 5p will hold back the Shareprice until that is resolved and we get to see what their intentions are, the concern is that they are holding back because the Shareprice has dropped back to around 5p and they were hoping to offload for a quick profit which sees us in a catch 22 situation of the not completing until the share rises but the price not rising until they complete.

Mike needs to resolve this situation a soon as possible, set a hard deadline for the investor to stump up the cash or clear off

Mike does seem to have lost a grip on some of the timelines of late, but let’s see what happens in the next month or so as we hopefully get news on bulk testing, drilling expansion and offtake agreements.

Just ask yourself what has he done to deserve re-election?

He was trumpeted as the financial wizard, and what has he brought use, z-list bucket shops that have been gifted cheap shares and even cheaper warrants, multiple bull s hit framework agreements that haven’t even paid for the meeting sandwiches, millions of pounds poorly invested into projects that he later dumped, and then crying that investors didn’t understand then “pivot”, well perhaps the pivot should have been before they threw good money after bad!

Dumbo Palumbo and JV Liar even after their show of reducing their remuneration packages still cost this company £500k per year as a minimum, that 1/8th of the revenue generated for the whole year, for the first six months of the year their wages exceeded the revenue the whole company generated.

These charlatans need showing the door, voting Palumbo out of the BoD at the AGM is the first step!

If you think he’s done a good job then reelect him, and give him pre approval to carry on in the same manner he has done for the last two years.

If you don’t think he has done a good job then as a shareholder you have the chance to make changes, never will you have a better chance than this years vote.

They aren’t even streaming the AGM this year because they are so embarrassed as to their performance, they don’t want to face the shareholders they stood in front of and barefaced lied to last year, they don’t want to have to answer and publish responses to Q&A session because they know shareholders see them for what they are now!

Dumbo Palumbo’s emperors new clothes have well and truly fallen off, now is the time to send him packing!

depending on your broker you need to give them your voting instructions within the next few days (for aj bell that needs to be with them by 26/7/2024)

never have we had a better opportunity to send a stronger message to the bod that shareholders have had enough of their behaviour, their lack of performance and their continual bleeding of shareholders, with no repercussions.

blocking their pre-approval of issuing 230% equity and dropping palumbo as a director should server as a wake up call to the rest, sending a clear message that shareholders have had enough and want something in return for their suffering.

vote no to resolution 1 and no to resolution 3a

meanwhile jv liar continues to ramp up the bull s hit on linkedin, more bull**** regarding joint ventures that always end up costing shareholders a fortune and never see a return on the investment, how long before there is another write off of millions of pounds of shareholders cash unwisely invested.

so far we have see announced joint ventures with compactgtl, collaboration agreements with compactgtl, domi ost and poseidon lng all announced and have come to nothing, just mre bull s hit from a liar coo in an attempt to fool investors that they are actually doing something behind the scenes, its only when the audited accounts come around every year we get to see just how poor they have performed and just how much shareholder value they have eroded.

should you vote for dumbo's re-election, since he was parachuted in by altair he has overseen an mcap reduction from £200m+ to £3m, a 100-1 share consolidation to cover up the performance, spend close to £50m+ with nothing to show, actually reducing the company's asset holding.

is that something that should be rewarded ?

Raising at a premium , all be it at a small premium and importantly no cheap warrants in this market is an amazing endorsement for BRES, likely some of the partners will cash in but some may hold for a longer term so SP shouldn’t have much drag beyond 5p, and with some of the queries around DFS funding now answered hopefully we should push on when we start getting more progress news.

Anyone voting for resolution 1 and 3A are Turkeys voting for christmas

Dumbo Palumbo has used previous equity issuing permission to enrich his pals, and not just those associated with EQT, GIS,INSP and MRNG have been amongst the beneficiaries of drunken friday night get togethers at the detriment of shareholders here, that isn't even mentioning Pitcole, RF, YA et al !

He has failed to control expenses whilst destroying market confidence by gouging investors over and over again, and if you vote for resolution 1 you will rubber stamp his behaviour for another 12 months.

Vote against resolution 3A to send a clear message to the others that their behaviour will no longer be tolerated and if they fail to turn the situation around their roles as director of their cash cow will be at risk when their turn for re-election arrives.

£30m+ MCAP in twelve months is definitely possible but not with Dumbo in charge, he has destroyed shareholders trust and shows no signs of changing (Just look at the most recent Friday night shenanigans with GIS and INSP, and that wasn’t the first time he actively transferred EQT shareholders cash to GIS and his mate John Gunn, remember the MRNG loan guarantee debacle where we shifted £100k of equity to MRNG in a share swap and then ended up writing off the equity EQT held due to having no prospect of see any return)

Every shareholder knows that Palumbo must be shown the door for any recovery to happen here, and the AGM vote is the best opportunity we will get

Vote no to resolution 1 and 3A, shareholders take back control and “pivot” towards shareholder value rather the self interest of a charlatan BoD

Ian Pearson raked in £69k in fees from EQT last year, Do you think he has been worth that?

Shareholders fight back, vote no to resolutions 1 and 3A at the AGM

Its my understanding that it is currently unclear what the delay with the SI is, they have reportedly opened the necessary broker account in order to receive the shares and have passed all the due diligence/KYC processes.

This has been the subject of quite long discussions between myself and Sasha who says that BRES believe the SI investment is very much still progressing, but are also looking at other financing options they already have on the table in case the SI investment is delayed.

I think they are just highlighting the fact that the DFC grant has meant that dilution has been minimised up to now and that approach is fundamental to the BoD.

Let’s not get overly concerned with ‘Dilution’, the key is for investment to add value to the company, if the investment pushes forward the shareprice, retail investors are more concerned with Shareprice and volume rather than actual MCAP and dilution levels, The key to capital raise in the current market is whether they need to offer a discount or loads of warrants Mike has indicated they won’t need to do that hopefully!

Good indication that the DFS is progressing and all we need to do is sort the SI issue or an alternative funding at zero discount and this should move very quickly.

Vote no to resolutions 1 and 3A at the AGM

Shareholders fight back an BoD incompetence!

The latest update I have from Sasha is that Mike is working on another 5p funding option which should be closing “very soon” so even if the SI is slow the company finances should be fine.

We wait to find out the exact details